46 Ruth Street
Hammond, IN 46320
4
Bed
3
Bath
0.18Acre(Lot)
Rare value-add multifamily opportunity in Hammond's Hessville neighborhood! This oversized brick 3-unit property offers approximately 4,150 SF with spacious unit layouts, original architectural charm, and a detached 3-car brick garage. Property is currently vacant with renovations already started, giving investors the ability to finish improvements and set market rents from day one. Potential upside includes adding bedrooms or converting the unfinished walk-up loft into an additional unit (subject to approvals). Conveniently located near major highways, commuter routes, and downtown Hammond developments.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 4Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Has Basement: YesInterior Features
None Appliances: None -
Heating & Cooling
Heating: None WaterSource: Public
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Building Information
Year Built: 1909
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Lot Information
Lot Description: Back Yard Lot Square Feet: 7800 Lot Acres: 0.1791Property Information
Property Type: Residential Income Sub Type: Triplex
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Tax Information
Tax Assessed Value: 264400 Tax Legal Description: HOMEWOOD ADD. L.55 BL.5 ALL L.56 BL.5 W. 15 FT. L.57 BL.5 Annual Tax: $5844 Tax Year: 2024 Parcel Number: 450601151009000023
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Parking Information
Driveway, Detached
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Utility Information
Sewer: Public Sewer Water Source: Public -
Location Information
Subdivision: Homewood Add City: Hammond Direction: 80-94 to Calumet Ave North. Left at 165th St then a right onto Hohman. Left onto Ruth. Property on the left
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5537 Beall Street, Hammond, IN, 46320 | $149,900 | 12 | 3 | -- | |
| 47 Carroll Street, Hammond, IN, 46320 | $675,000 | 8 | 4 | -- |
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ByOwner last updated this listing 07/11/2026 @ 06:20
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