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Hobart, IN

Multifamily

Hobart, IN Multifamily Properties for Sale

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Lake Station, IN Portage, IN Crown Point, IN Valparaiso, IN Burns Harbor, IN Chesterton, IN Griffith, IN Schererville, IN

Updated Half Duplex with Attached Garage

Updated: Jun 24

Updated Half Duplex with Attached Garage

9278 Norris Drive, Hobart, IN 46342

$299,000

2,085 sqft 0.08 AC lot

2‑story half duplex in Deep River Pointe with over 2,000 SF of living space, adjacent to River Pointe Golf Course
Updated open‑concept living/dining with a soaring two‑story vaulted ceiling and direct exterior patio‑door access to the backyard
Main‑floor master suite with 8' x 5' walk‑in closet, jetted soaking tub, and separate step‑in shower
Updated kitchen with white shaker‑style cabinetry, stainless steel appliances, including gas range, microwave, refrigerator, and dishwasher
Attached 2‑car garage with direct access to the kitchen plus private yard and patio

This listing looks promising.

Here's a quick look at some key insights for

9278 Norris Drive, Hobart, IN 46342

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Est. Cap Rate

6.9%
Above avg (5.9%)
Est. NOI

$21K
Annual
Price @ 7% Cap

$296K
Suggested
Property Type

Row House
Built 1998

View Property Analytics

Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 1 Active listings in Hobart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 32 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Custom-Built Paired Villa Duplex

Custom-Built Paired Villa Duplex

6367 Jasmine Avenue, Portage, IN 46368

$319,000

1,500 sqft 0.11 AC lot

Paired villa duplex with three bedrooms, open-concept great room, and stainless appliances within a finished, insulated garage setting.

Paired Villa Home

Paired Villa Home

6375 Jasmine Avenue, Portage, IN 46368

$319,000

1,500 sqft 0.11 AC lot

Custom-built paired villa with three bedrooms, a finished insulated garage, and a covered patio.

Maintained Half Duplex Home

Maintained Half Duplex Home

3446 E 69th Avenue, Merrillville, IN 46410

$245,000

1,440 sqft 0.34 AC lot

Maintained half duplex with one-level living, 3 bedrooms, 1.5 baths, and an attached garage.

Four-Unit Multifamily Income Property

Four-Unit Multifamily Income Property

126 E 73rd Avenue, Merrillville, IN 46410

$399,900

Four 1 bed/1 bath units with individual central air, tenant-paid utilities, and in-unit laundry hookups.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Homesite in Wheatfield, Indiana

Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing

0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

University Park Developable Land

University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing

3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

Land For Sale, Lakemoor, IL

Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

Deeded RV Recreational Lot

Deeded RV Recreational Lot

V/L E Kissing Oaks Trail, Custer, MI 49405

$39,900

0.96 AC lot

Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

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

Value Estimation by Request

4,816 sqft 0.29 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

207 37th Ave, Hobart, IN 46342-1165

Value Estimation by Request

4,160 sqft 0.23 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

325 Main St, Hobart, IN 46342-4441

Value Estimation by Request

4,890 sqft 0.05 AC lot

MOBILE HOME PARK, TRAILER PARK

905 37th Ave, Hobart, IN 46342-2073

Value Estimation by Request

3.61 AC lot

716 Lk Shr Dr, Unit 720

APARTMENT HOUSE (UNDER 5 UNITS)

716 Lk Shr Dr, Hobart, IN 46342-5020

Unit 720

Value Estimation by Request

3,060 sqft 0.24 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

220 Main St, Hobart, IN 46342-4449

Value Estimation by Request

10,488 sqft 0.23 AC lot

504 Washington St, Unit 4

APARTMENT HOUSE (UNDER 5 UNITS)

504 Washington St, Hobart, IN 46342-2168

Unit 4

Value Estimation by Request

4,816 sqft 0.29 AC lot

120 Lawrence St

APARTMENT HOUSE (UNDER 5 UNITS)

120 Lawrence St, Hobart, IN 46342-3376

Value Estimation by Request

4,096 sqft 0.30 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

531 Kelly St, Hobart, IN 46342-2476

Value Estimation by Request

2,944 sqft 0.26 AC lot

125 Lawrence St

APARTMENT HOUSE (UNDER 5 UNITS)

125 Lawrence St, Hobart, IN 46342-3370

Value Estimation by Request

4,096 sqft 0.34 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

124 Hobart Rd, Hobart, IN 46342-3374

Value Estimation by Request

4,096 sqft 0.26 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

130 Hobart Rd, Hobart, IN 46342-3372

Value Estimation by Request

4,096 sqft 0.26 AC lot

MOBILE HOME PARK, TRAILER PARK

615 37th Ave, Hobart, IN 46342-2278

Value Estimation by Request

11.30 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

333 3rd St, Hobart, IN 46342-4231

Value Estimation by Request

6,416 sqft 0.53 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

656 Hobart Rd, Hobart, IN 46342-2478

Value Estimation by Request

4,096 sqft 0.28 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

662 Hobart Rd, Hobart, IN 46342-2459

Value Estimation by Request

4,096 sqft 0.37 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

611 3rd St, Hobart, IN 46342-4419

Value Estimation by Request

10,352 sqft 0.18 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

338 Main St, Hobart, IN 46342-4442

Value Estimation by Request

3,171 sqft 0.04 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

1421 High St, Hobart, IN 46342-3319

Value Estimation by Request

4,096 sqft 0.26 AC lot

504 Washington St, Unit 3N

APARTMENT HOUSE (UNDER 5 UNITS)

504 Washington St, Hobart, IN 46342-2168

Unit 3N

Value Estimation by Request

4,816 sqft 0.29 AC lot

3300 Randolph Pl

APARTMENT HOUSE (UNDER 5 UNITS)

3300 Randolph Pl, Hobart, IN 46342-1473

Value Estimation by Request

7,799 sqft 0.50 AC lot

3329 Michigan St

APARTMENT HOUSE (UNDER 5 UNITS)

3329 Michigan St, New Chicago, IN 46342-1183

Value Estimation by Request

2,825 sqft 0.21 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

517 3rd St, Hobart, IN 46342-4417

Value Estimation by Request

5,833 sqft 0.06 AC lot

Hobart, IN Multifamily Properties Market Trends and Statistics

Explore 33 multifamily properties for sale in Hobart, IN on our real estate platform. These investment opportunities span a total of 2,085 square feet of properties for sale, with an estimated market value of $299,000.

Sale prices for multifamily properties in Hobart, IN start at $299,000, averaging $299,000, and reaching up to $299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lake County

Retail

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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