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$410,000 Just Listed
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Property Description
Exceptional investment opportunity at 4319 Towle Avenue! This unique income-producing property features two homes on one lot: a spacious duplex in the front and a separate single-family rear house, offering multiple streams of rental income and strong cash-flow potential. The front duplex consists of two oversized 3-bedroom units, while the rear home features 2 bedrooms and 1 bathroom. All units are currently leased, providing immediate income for the next owner. Numerous improvements have been completed throughout both structures, including updated roofing, siding, water heaters, fresh paint, and extensive interior renovations. The first-floor duplex unit has been recently refreshed and showcases modern finishes throughout. The rear home is completely renovated and updated. Well-maintained by ownership and positioned in a convenient location near commuter rail stations, major expressways, bike trails, parks, dining, and shopping. Situated just minutes from the Illinois border, making travel into Chicago and surrounding suburbs quick and convenient. Whether you're looking to expand your portfolio or secure a versatile multi-unit investment, this property offers strong rental demand, excellent income potential, and a highly accessible location. Schedule your showing today!
Full Property Details
Full Property Details for 4319 Towle Ave
General
- Price: $410,000
- Taxes: $6,954 (2024)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 840387
- Updated: 6/10/2026
- Added to Site: Today
Interior
- Number of Rooms: 19
- Interior Features: Recessed Lighting
- Appliances: Other
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Parking Features: On Street
Location
- County: Lake
- Township: North
- Subdivision: T E Bells Add
- Driving Directions: Calumet Ave to 143rd St, left/South on Towle, property is on left hand side
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Year Built: 1927
Lot Features
- Lot Size (Acres): 0.111
- Lot Size (Sq. Ft.): 4,835
- Lot Features: Few Trees, Near Public Transit
Financial Considerations
- Tax Amount: $6,954
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: T. E. BELLS ADD BL.2 S.1/2 LOT 8 ALL LOT 9
- Property ID: 450225253008000023
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Schools
Schools serving 4319 Towle Ave
School District:Hammond School City
| Name | Grades | Distance |
|---|---|---|
Abraham Lincoln Elementary School, Hammond, IN 4221 Towle Avenue, Hammond, IN 46327 | PK-5 | 0.1 mi |
Henry W Eggers Elem/Md School 5825 Blaine Ave, Hammond, IN 46320 | 6-8 | 1.9 mi |
Hammond High School 5926 Calumet Avenue, Hammond, IN 46320 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4319 Towle Ave
Date
Details
Price
Change
Source
6/09/2026
Listed
$410,000
34.43%
MLS
8/18/2023
Sold
$305,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4319 Towle Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,708
—
$341,200
8%
2024
$5,708
-43%
$314,600
50%
2023
$9,994
91%
$209,100
7%
2022
$5,220
-17%
$194,800
66%
2020
$6,270
86%
$117,500
-3%
2019
$3,379
—
$121,400
2%
2019
$3,379
-5%
$118,800
4%
2018
$3,571
-7%
$114,600
7%
2017
$3,828
—
$107,100
1%
2017
$3,828
17%
$106,300
-1%
2016
$3,279
6%
$107,300
-22%
2015
$3,096
-39%
$136,700
29%
2013
$5,081
-3%
$106,100
-30%
2012
$5,225
—
$152,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4319 Towle Ave
4319 Towle Avenue, Hammond, IN 46327 (MLS# 840387) is a Multi-Family property with units containing 8 bedrooms and 3 full bathrooms. 4319 Towle Avenue is currently listed for $410,000 and was received on June 09, 2026. Want to learn more about 4319 Towle Avenue? Do you have questions about finding other Multi-Family real estate for sale in Hammond? You can browse all Hammond real estate or contact a Coldwell Banker agent to request more information.

