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$495,000
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Property Description
RARE All-Brick Brick, RANCH, 5-Unit Apartment Building featuring ONE 2-Bed Apartment and FOUR 1-Bed Apartments with coin-operated Laundry Room for extra income. 8.41 CAP Rate! 3 of the 5 apartments have been remodeled with NEW Kitchen Cabinets, GRANITE Kitchen Countertops, NEW Vinyl Flooring, NEW Plumbing & Light Fixtures and Custom Bathroom design. Each Apartment has Individual Wall Air-Condition Units. Tenant pays Gas/Electric.
Full Property Details
Full Property Details for 851 150th St
General
- Price: $495,000
- Taxes: $6,242 (2024)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 829993
- Updated: 10/28/2025
- Added to Site: 79 day(s) ago
Interior
- Number of Rooms: 21
- Interior Features: Granite Counters
- Appliances: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Electric Range
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: None
Location
- County: Lake
- Township: North
- Subdivision: Stafford & Trankles Add 05
- Driving Directions: From Calumet Avenue - go east on 150th Street, north on Pine Avenue to property. Property sits at the Northwest corner of 150th & Pine.
Community
- Pets Allowed: Yes
Heating & Cooling
- Heating Type: Baseboard
Structural Information
- Year Built: 1972
Lot Features
- Lot Size (Acres): 0.1513
- Lot Size (Sq. Ft.): 6,590
- Lot Features: Landscaped
Financial Considerations
- Tax Amount: $6,242
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: STAFFORD & FRANKLES 5TH ADD ALL LOT 19 AND LOT 20
- Property ID: 450331102033000023
Listed by Rose Real Estate
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Schools
Schools serving 851 150th St
School District:Hammond School City
| Name | Grades | Distance |
|---|---|---|
Washington Irving Elementary School 4727 Pine Avenue, Hammond, IN 46327 | PK-5 | 0.3 mi |
Henry W Eggers Elem/Md School 5825 Blaine Ave, Hammond, IN 46320 | 6-8 | 1.2 mi |
Hammond High School 5926 Calumet Avenue, Hammond, IN 46320 | 9-12 | 1.2 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 851 150th St
Date
Details
Price
Change
Source
10/28/2025
Listed
$495,000
—
MLS
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 851 150th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,301
-38%
$282,400
—
2023
$13,441
291%
$281,200
119%
2022
$3,441
-48%
$128,400
-5%
2020
$6,626
54%
$135,100
5%
2019
$4,299
6%
$128,300
1%
2018
$4,068
-12%
$126,900
—
2017
$4,638
—
$126,700
3%
2017
$4,638
19%
$122,500
—
2016
$3,889
10%
$122,800
-4%
2015
$3,543
-42%
$128,200
1%
2013
$6,067
-1%
$126,700
-2%
2012
$6,118
—
$128,900
—
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 851 150th St
851 150th Street, Hammond, IN 46327 (MLS# 829993) is a Multi-Family property with units containing 6 bedrooms and 5 full bathrooms. 851 150th Street is currently listed for $495,000 and was received on October 28, 2025. Want to learn more about 851 150th Street? 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.

