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Hobart, IN Apartment Buildings for Sale

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Hampshire Park Apartment Community
Updated: Aug 14
Hampshire Park Apartment Community

400 N Lake Park Ave, Hobart, IN 46342

Contact for pricing
226,188 sqft
186‑home garden‑style apartment community in Hobart, Indiana
226,188‑square‑foot property built in 1972
One- and two‑bedroom layouts average 1,216 square feet
Renovated homes include new flooring, stainless steel appliances, and new cabinets
Pool included among the community amenities
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 1 Active listings in Hobart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 29 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Townhome-Style Apartment Buildings
Townhome-Style Apartment Buildings

1326-40 Lake Charles Ave, Porter, IN 46304

$2,450,000
21,280 sqft 1.69 AC lot

Two-bedroom apartment units feature private outdoor areas, laundry hookups, and separately metered utilities across two properties.

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16-Unit Townhome Apartment Buildings
16-Unit Townhome Apartment Buildings

1326-1340 Lake Charles Ave, Porter, IN 46304

Contact for pricing
21,280 sqft 1.69 AC lot

Two-story townhome buildings feature private rear decks, open living levels, and in-unit washer and dryer hookups.

View details
Six-Unit Apartment Property
Six-Unit Apartment Property

2315 Industrial Boulevard, Gary, IN 46407

$499,900
6,457 sqft 0.22 AC lot

Two-building multifamily asset with updated HVAC, public utilities, and a detached residential unit.

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Apartment Building with Detached Home
Apartment Building with Detached Home

2315 Industrial Blvd, Gary, IN 46407

$499,900
6,457 sqft

Six residential units across two buildings provide updated interiors, varied layouts, and flexible ownership options.

View details

Off-Market Properties in Hobart, IN

Consider similar Off-Market properties in Hobart, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

504 Washington St
APARTMENT HOUSE (UNDER 5 UNITS)

504 Washington St, Hobart, IN 46342-2100

Estimated value:
$220,000
4,816 sqft 0.29 AC lot
View details
207 37th Ave
APARTMENT HOUSE (UNDER 5 UNITS)

207 37th Ave, Hobart, IN 46342-1165

Estimated value:
$270,000
4,160 sqft 0.23 AC lot
View details
325 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

325 Main St, Hobart, IN 46342-4441

Estimated value:
$260,000
4,890 sqft 0.05 AC lot
View details
716 Lk Shr Dr, Unit 720
APARTMENT HOUSE (UNDER 5 UNITS)

716 Lk Shr Dr, Hobart, IN 46342-5020

Unit 720
Estimated value:
$255,000
3,060 sqft 0.24 AC lot
View details
220 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

220 Main St, Hobart, IN 46342-4449

Estimated value:
$295,000
10,488 sqft 0.23 AC lot
View details
504 Washington St, Unit 4
APARTMENT HOUSE (UNDER 5 UNITS)

504 Washington St, Hobart, IN 46342-2168

Unit 4
Estimated value:
$255,000
4,816 sqft 0.29 AC lot
View details
120 Lawrence St
APARTMENT HOUSE (UNDER 5 UNITS)

120 Lawrence St, Hobart, IN 46342-3376

Estimated value:
$355,000
4,096 sqft 0.30 AC lot
View details
531 Kelly St
APARTMENT HOUSE (UNDER 5 UNITS)

531 Kelly St, Hobart, IN 46342-2476

Estimated value:
$260,000
2,944 sqft 0.26 AC lot
View details
125 Lawrence St
APARTMENT HOUSE (UNDER 5 UNITS)

125 Lawrence St, Hobart, IN 46342-3370

Estimated value:
$275,000
4,096 sqft 0.34 AC lot
View details
124 Hobart Rd
APARTMENT HOUSE (UNDER 5 UNITS)

124 Hobart Rd, Hobart, IN 46342-3374

Estimated value:
$265,000
4,096 sqft 0.26 AC lot
View details
130 Hobart Rd
APARTMENT HOUSE (UNDER 5 UNITS)

130 Hobart Rd, Hobart, IN 46342-3372

Estimated value:
$265,000
4,096 sqft 0.26 AC lot
View details
333 3rd St
APARTMENT HOUSE (UNDER 5 UNITS)

333 3rd St, Hobart, IN 46342-4231

Estimated value:
$310,000
6,416 sqft 0.53 AC lot
View details
656 Hobart Rd
APARTMENT HOUSE (UNDER 5 UNITS)

656 Hobart Rd, Hobart, IN 46342-2478

Estimated value:
$265,000
4,096 sqft 0.28 AC lot
View details
662 Hobart Rd
APARTMENT HOUSE (UNDER 5 UNITS)

662 Hobart Rd, Hobart, IN 46342-2459

Estimated value:
$260,000
4,096 sqft 0.37 AC lot
View details
611 3rd St
APARTMENT HOUSE (UNDER 5 UNITS)

611 3rd St, Hobart, IN 46342-4419

Estimated value:
$285,000
10,352 sqft 0.18 AC lot
View details
338 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

338 Main St, Hobart, IN 46342-4442

Estimated value:
$250,000
3,171 sqft 0.04 AC lot
View details
1421 High St
APARTMENT HOUSE (UNDER 5 UNITS)

1421 High St, Hobart, IN 46342-3319

Estimated value:
$265,000
4,096 sqft 0.26 AC lot
View details
504 Washington St, Unit 3N
APARTMENT HOUSE (UNDER 5 UNITS)

504 Washington St, Hobart, IN 46342-2168

Unit 3N
Estimated value:
$260,000
4,816 sqft 0.29 AC lot
View details
3300 Randolph Pl
APARTMENT HOUSE (UNDER 5 UNITS)

3300 Randolph Pl, Hobart, IN 46342-1473

Estimated value:
$280,000
7,799 sqft 0.50 AC lot
View details
3329 Michigan St
APARTMENT HOUSE (UNDER 5 UNITS)

3329 Michigan St, New Chicago, IN 46342-1183

Estimated value:
$270,000
2,825 sqft 0.21 AC lot
View details
517 3rd St
APARTMENT HOUSE (UNDER 5 UNITS)

517 3rd St, Hobart, IN 46342-4417

Estimated value:
$270,000
5,833 sqft 0.06 AC lot
View details
1995 Old Rdg Rd
APARTMENT HOUSE (UNDER 5 UNITS)

1995 Old Rdg Rd, Hobart, IN 46342-1926

Estimated value:
$275,000
4,800 sqft 2.35 AC lot
View details
607 3rd St
APARTMENT HOUSE (UNDER 5 UNITS)

607 3rd St, Hobart, IN 46342-4419

Estimated value:
$265,000
6,040 sqft 0.05 AC lot
View details

Hobart, IN Apartment Buildings Market Trends and Statistics

Explore 30 apartment buildings for sale in Hobart, IN on our real estate platform. These investment opportunities span a total of 226,188 square feet of properties for sale.

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Demographics Overview

Population 33K
Population Growth (5Y) +6.2%
Median Household Income $72,163
College Educated 27.1%

Taxes & Financing

Tax Rate (average for all types) 3.17%
Property Tax per SF $56.09 per SF
Tax Rate vs County Average 0.10 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Hobart fall within the 10,000 to 25,000 square foot range.

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