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1/23
$319,000
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Property Description
Excellent Investment or Owner-Occupant Opportunity - 5969 Park Pl, Hammond, IN. Discover a well-maintained four-unit multifamily property on a quiet residential street in Hammond. This solid asset features a desirable unit mix of one 2-bedroom/1-bath unit and three 1-bedroom/1-bath units, offering strong rental appeal and flexibility for both investors and owner-occupants. The building spans 3,560 square feet and is easy to manage, with tenants paying their own gas and electric, while the owner covers water, sewer, and trash. Each unit offers comfortable layouts and individual heating systems, contributing to tenant satisfaction and long-term stability. Conveniently located in Lake County, the property provides quick access to multiple highways, making it attractive to commuters. With stable income in place and room for growth, this is an ideal opportunity for an investor seeking reliable cash flow or an owner-occupant looking to live on-site while generating rental income.
Full Property Details
Full Property Details for 5969 Park Pl
General
- Price: $319,000
- Taxes: $5,309 (2024)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 831955
- Updated: 1/15/2026
- Added to Site: 30 day(s) ago
Interior
- Interior Features: Other
- Appliances: Other
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Other
Parking
- Garage Spaces: 2
Location
- County: Lake
- Township: North
- Subdivision: Harrison Park Add
- Driving Directions: Driving East on I-94 take I-41 exit going north. Continue for 3 miles, turn left on Highland Street. After a half mile turn right on Park Pl and property in on the right.
Community
- Pets Allowed: Yes
Heating & Cooling
- Heating Type: Baseboard
Structural Information
- Year Built: 1915
Lot Features
- Lot Size (Acres): 0.101
- Lot Size (Sq. Ft.): 4,400
- Lot Features: Other
Financial Considerations
- Tax Amount: $5,309
- Tax Year: 2024
- Terms: Cash, VA Loan, Other, FHA, Conventional
Disclosures and Reports
- Legal Description: HARRISON PARK ADD. L.20 BL.3 N2. OF L.21 BL.3
- Property ID: 450601178011000023
Listed by Ellsbury Group
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Schools
Schools serving 5969 Park Pl
School District:Hammond School City
| Name | Grades | Distance |
|---|---|---|
Kenwood Elementary School, Hammond, IN 6416 Hohman Avenue, Hammond, IN 46324 | PK-5 | 0.6 mi |
Henry W Eggers Elem/Md School 5825 Blaine Ave, Hammond, IN 46320 | 6-8 | 0.2 mi |
Hammond High School 5926 Calumet Avenue, Hammond, IN 46320 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5969 Park Pl
Date
Details
Price
Change
Source
12/17/2025
Listed
$319,000
8.14%
MLS
12/29/2022
Sold
$295,000
—
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 5969 Park Pl
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,888
-38%
$240,200
-10%
2023
$12,704
348%
$265,800
107%
2022
$2,836
-40%
$128,300
7%
2020
$4,716
42%
$119,800
3%
2019
$3,311
—
$116,400
5%
2019
$3,311
15%
$110,900
3%
2018
$2,872
-12%
$107,200
1%
2017
$3,263
—
$106,600
-2%
2017
$3,263
13%
$109,300
3%
2016
$2,880
15%
$105,800
-4%
2015
$2,506
-39%
$110,600
1%
2013
$4,127
-22%
$109,200
-3%
2012
$5,325
—
$112,200
—
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 5969 Park Pl
5969 Park Place, Hammond, IN 46320 (MLS# 831955) is a Multi-Family property with units containing 5 bedrooms and 4 full bathrooms. 5969 Park Place is currently listed for $319,000 and was received on December 17, 2025. Want to learn more about 5969 Park Place? 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.

