Movoto Real Estate
Sold on 09/16/2024
  • Exterior
  • Other
  • Living
  • Kitchen
  • Bath
  • Entry Way
  • Bedroom

623 Cherry St, Hammond, IN 46324

  • $192,000

    Last sold 09/16/2024 for $208K

  • 3

    bed

  • bath

Multi-family not for sale
Movoto is helping 56 homebuyers near you

About 623 Cherry St

Property type Multi-family
Neighborhood
Year built 1924
HOA fee $0/month
Lot size 6,250 Sqft
Movoto estimate
Rental estimate
Property description
TWO Houses on 1 property in South Hammond with endless possibilities! Whether you're looking for an investment property that cash flows or you want to purchase a starter home with turnkey passive income to offset your living expenses, this property is ready to go! The front home is a sprawling 2 bedroom layout that's been freshly painted and is move-in ready! Featuring vaulted ceilings in the kitchen with loft storage, a massive bathroom, Central A/C, and a carport, you can expect market rents anywhere from $1200-1350/month. The Rear House is a cozy 1 bedroom cottage that is currently leased through January for $775/month by a great tenant of 3+ years. Each home has its own gas and electric meters for individual NIPSCO bills paid by the respective tenants. Properties like this don't come around often and this is turn key so come take a look!
Listed by
Listing Agent - Warren A. Reeder III
Listing Office - Reeder Companies
Source: NIRA mls logo
MLS#806132 • last updated 1 year ago
Movoto checked NIRA for data 14 minutes ago
Overview
Heating Forced Air
Levels/Style One
Type Residential Income
SubType Duplex
Status Closed
MLS # 806132
Lot Size (Acres) 0.1435
Lot Size (SqFt) 6250
Property Tax 2392
Year Built 1924
Interior
# of Full Baths 2
# Bedrooms 3
Laundry Gas Dryer Hookup, Washer Hookup, Laundry Room
Interior Features Beamed Ceilings, Eat-in Kitchen, Cathedral Ceiling(s), Ceiling Fan(s)
Appliances Dishwasher, Refrigerator, Range
Exterior
Parking Desc Carport, Off Street
Exterior Features None
Lot Desc Other
Amenities / Utilities
Water Source Public
Location
County Lake
Subdivision South Hammond
Elementary School Thomas A Edison Elementary School
Directions Calumet To Cherry, West To Home
APN 45-06-12-278-018.000-023
Zoning Other
Multifamily Details
Owner Pays Grounds Care, Taxes, Water, Sewer, Insurance
Gross Income 24300
$192K
Range: $165K-$218K
Last 30 days 
Rental est.: $1,930/month
Gross rent multiplier: 9.0 - Good
  • Sep 2024
    mls logo MLS # 806132
  • Sep 16, 2024 Sold
    $208,000
  • Aug 5, 2024 Listed
    $214,900 (-2.3%)
  • Jun 28, 2024 Listed
    $219,900 (+510.8%)
  • Sep 2024
    Public Records
  • Sep 16, 2024 Sold
    $208,000 (-3.2%)
  • Feb 2024
    mls logo MLS # 340396
  • Feb 28, 2024 Sold
    $36,000 (-9.8%)
  • Nov 18, 2013 Listed
    $39,900
  • 623 Cherry St
    $208K
  • South Hammond
  • 46324
    $200K -1% y/y
  • Hammond
    $199K -4% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
4/10
Thomas A Edison Elementary School
public Grades PK, K-6
School City Of Hammond
4/10
Henry W Eggers Elem/Md School
public Grades 7-8
School City Of Hammond
2/10
Hammond High School
public Grades 9-12
School City Of Hammond
Source: GreatSchools.org © 2026. All rights reserved.

Around South Hammond

Explore everything this neighborhood has to offer.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Newest listings in 46324

  • Real Estate
  • IN
  • Lake County
  • Hammond
  • 46324
  • 623 Cherry St
Meet with a real estate agent today (844) 430-0869
The multiple listing information is provided by NIRA. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
Based on information submitted to the MLS GRID as of 8/13/2026 3 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS, as established by the applicable MLS Governing Documents. All listings are provided courtesy of the NIRA. DMCA Notice
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.