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Back 540 165th Street
Off Market

540 165th Street

Hammond IN 46324

6
1969 sq. ft.
6229 sq. ft.
Duplex
Last sold for $187,000
Ruza JevticRuza Jevtic, last sold this property on 31 July 2026 after 34 days on market.

Overview

Opportunity is knocking in the rapidly growing City of Hammond! This solid all-brick two-unit income property offers the perfect blend of investment potential, anyone seeking a multi family opportunity or long-term value, whether you're an investor looking to expand your portfolio or an owner-occupant ready to build equity while generating rental income. With separate entrances, a shared foyer, and privacy between units, this property provides flexibility for a variety of living and investment scenarios. The main level unit features 2 spacious bedrooms, a large eat-in kitchen with ample room for dining, a walk-in shower, and newer appliances. Upstairs, the second unit offers 1 bedroom, a full bath, also newer appliances and a generously sized eat-in kitchen, creating a comfortable and functional layout. An unfinished full basement provides abundant storage space and offers additional possibilities for future use. Outside, the private parking lot accommodates up to 6 vehicles, a valuable convenience for tenants and owners alike. Ideally located near major interstates with easy access to Chicago, public transportation, restaurants and shopping, this property offers easy access for commuters while remaining close to everything Hammond has to offer. Adding even more potential, the building was originally a commercial property and may offer the possibility of conversion back to commercial use. Properties with this level of flexibility, income potential, and location don't come around often. Whether you're looking to invest, occupy, or explore future opportunities, this is one you won't want to miss. Schedule your showing today and see firsthand all the possibilities this unique property has to offer!

Features

6 carspaces
1969 sq. ft. floor area
6229 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in Hammond over the last 12 months, the estimated median property value of 540 165th Street is $191k.

Median value
$191k
Estimated value range
$112.09k - $305k
Median days on market
33
Estimated value trend
-22%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Hammond. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 540 165th Street

2026
Sold
$187,000
31 Jul 2026 by Ruza Jevtic, of Realty Executives Premier
2020
Sold
$117,500
15 Sep 2020 by Estela Lopez, of McColly Real Estate

Happy sellers in Hammond

~%

We have insufficient information to provide an overview of customer satisfaction for Hammond. Viewing the agent profiles, reviews and sales for Hammond can provide insights for this location.

Local market activity for duplexes in Hammond

In the last 12 months, 3 duplexes similar to 540 165th Street, have been sold.

This represents a 33% decrease in duplexes sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Hammond

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Kim Odegard

Sellers who recommend Kim Odegard have praised them for being local expert, responsive, well-prepared, attentive, supportive, reliable, and proactive

  •   5   (108 reviews)
  •  2 Reviews in Hammond
  •  3 Sales in Hammond
View profile
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Andrea Scaramucci

Sellers who recommend Andrea Scaramucci have praised them for being local expert, responsive, patient, supportive, detail-oriented, well-prepared, and reliable

  •   5   (50 reviews)
  •  1 Review in Hammond
  •  1 Sale in Hammond
View profile
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Miguel Tovar

Miguel Tovar is a recommended agent for Hammond.  They have 1 local sale across the last 12 months.

  •  1 Sale in Hammond
View profile
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Carla Gorman

Carla Gorman is a recommended agent for Hammond.  They have 1 local sale across the last 12 months.

  •   5   (12 reviews)
  •  1 Sale in Hammond
View profile
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