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$259,900
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Property Description
This two-unit rental property in Hammond, IN offers both stable cash flow and versatile living options. Tenants are leased through January 2027, providing predictable rental income from day one. The front single-family home features an open living and dining area, a spacious kitchen, and a finished basement that includes an additional bedroom and bath. The rear building includes a two-bedroom, one-bath upper unit with an enclosed porch. On the main level of the rear building, there is a flexible living area with its own locked door, offering privacy and versatility. This space can serve as a recreation room, home office, guest area, or bonus family living area, adding unique functionality to the property. Both units are fully occupied and positioned to provide reliable income. Located in a convenient Hammond neighborhood near schools, shopping, and major roadways.
Full Property Details
Full Property Details for 4828 Oak Ave
General
- Price: $259,900
- Taxes: $3,310 (2024)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 833696
- Updated: 2/11/2026
- Added to Site: 56 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, Recessed Lighting, Open Floorplan, Granite Counters
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Lighting, Rain Gutters, Private Yard
Parking
- Parking Features: On Street
Location
- County: Lake
- Township: North
- Subdivision: Stafford & Trankles Add
- Driving Directions: TAKE CALUMET TO HOFFMAN ST. TURN E ON HOFFMAN TO OAK ST.
Community
- Pets Allowed: Yes
Heating & Cooling
- Heating Type: Central, Unit Control, Natural Gas, Forced Air
Structural Information
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.1134
- Lot Size (Sq. Ft.): 4,940
- Lot Features: Front Yard, Other
Financial Considerations
- Tax Amount: $3,310
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: STAFFORD & TRANKLES ADD. ALL L.40 BL.3 S2. L.41 BL.3
- Property ID: 450330356027000023
Listed by eXp Realty, LLC
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Schools
Schools serving 4828 Oak Ave
School District:Hammond School City
| Name | Grades | Distance |
|---|---|---|
Washington Irving Elementary School 4727 Pine Avenue, Hammond, IN 46327 | PK-5 | 0.1 mi |
Henry W Eggers Elem/Md School 5825 Blaine Ave, Hammond, IN 46320 | 6-8 | 1.4 mi |
Hammond High School 5926 Calumet Avenue, Hammond, IN 46320 | 9-12 | 1.4 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 4828 Oak Ave
Date
Details
Price
Change
Source
2/06/2026
Listed
$259,900
177.23%
MLS
11/03/2004
Sold
$93,750
—
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 4828 Oak Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,904
-71%
$208,800
55%
2023
$6,457
296%
$135,100
5%
2022
$1,632
-15%
$128,400
14%
2020
$1,923
133%
$112,200
5%
2019
$826
—
$106,900
50%
2019
$826
9%
$71,300
—
2018
$759
-1%
$71,300
10%
2017
$765
—
$64,900
5%
2017
$765
19%
$62,100
-6%
2016
$643
9%
$66,300
-4%
2015
$592
-9%
$69,200
9%
2013
$648
1%
$63,600
—
2012
$640
—
$63,400
—
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 4828 Oak Ave
4828 Oak Avenue, Hammond, IN 46327 (MLS# 833696) is a Multi-Family property with units containing 6 bedrooms, 2 full bathrooms and 1 partial bathroom. 4828 Oak Avenue is currently listed for $259,900 and was received on February 06, 2026. Want to learn more about 4828 Oak 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.

