USAINHammondTurner-Meyn Park31-6429 Kennedy Ave
Listing image | Image 1

31-6429 Kennedy Ave, Hammond, IN

House

For Sale

Listed price in listed location currency (USD).
$550,000

0012

MLS® 839380

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 7952 sqft
Garage 
Taxes $5,264
Days Active 49
Lot Size 
Approx. Age 1952
Avg. Price Per Sqft $69
MLS® Number 839380

Property Address: 31-6429 Kennedy Ave, Hammond, IN, 46323-1078

Average square foot calculated using Size range provided by listing agent.

Description

Incredible investment opportunity in Hammond! This 6-unit mixed-use building is a turnkey income generator with solid cash flow and massive upside. Perfectly situated on a high-visibility corner lot at Kennedy and Cleveland, the property boasts flexible Commercial C4 zoning--ideal for nearly any business type. The building features 3 vibrant commercial/retail spaces on the main level (currently home to a busy beauty salon, Herbalife retail, and a retail store) and 3 residential units above (two spacious 2-bedroom apartments and one cozy studio apartment). Additional revenue is generated by an attached 3-car garage. Located just minutes from major transit routes, local parks, and the bustling Indianapolis Blvd retail corridor, this location ensures a steady stream of foot traffic and tenant demand. Current Monthly Income Breakdown: Event Space: TBD/mo Beauty Salon: 1, 500/mo 2-Bed Apt (Leased): 950/mo Herbalife Retail (M2M): 900/mo 2-Bed Apt (Leased): 800/mo 3-Car Garage (M2M): 600/mo Studio Apt (Leased): 400/mo Total Gross Income: 78, 600/year. Don't miss out on adding this versatile, high-yield asset to your portfolio! Subject to tenant rights.
MLS® Number839380
Laundry LevelUpper
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1952
BasementSump Pump, Unfinished
DrivewayAttached, Additional Parking, On Street, Off Street
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 26, 2026List Date
$550,000List Price
  • Commute

Commute

Starting Address
Destination Address
6429 Kennedy Ave, Hammond, IN

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