Hobart, IN
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    Hobart, IN Multifamily Properties for Sale

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    Lake Station, IN Portage, IN Wheeler, IN
    Renovated Duplex in Hobart, IN
    $300,000
    0.11 Acres
    Renovated Duplex in Hobart, IN

    529 Lake Street, Hobart, IN 46342

    Two-unit property with updated interiors and new appliances.
    • Two units, each featuring 2 beds and 1 bath, perfect for rental income or multi‑generational living.
    • Both units boast completely renovated bathrooms with new plumbing, fixtures, and updated electrical systems.
    • New HVAC systems and water heaters ensure modern efficiency and reliability in both units.
    • Unit 1 and Unit 2 have new flooring, updated kitchens, and new full‑sized stacked washer/dryers.
    • Significant structural improvements including tuck pointing, chimney flashing, new attic windows, and a relatively new main roof.
    Updated: Jan 9
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    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.

    Gary Multifamily Investment Opportunity
    $499,900
    6,457 SF
    Gary Multifamily Investment Opportunity

    Six-unit multifamily property with redevelopment potential in Gary, Indiana.

    2315 Industrial Boulevard, Gary, IN 46407

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    Gary, IN Multifamily Property
    Contact for pricing
    0.10 Acres
    Gary, IN Multifamily Property

    Two-unit multifamily property in Gary, Indiana, for sale.

    1937 Martin Luther King Drive, Gary, IN 46407

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    Portage Multifamily Investment Opportunity
    $11,500,000
    96,200 SF
    Portage Multifamily Investment Opportunity

    100-unit multifamily property in Portage, Indiana, with renovation upside.

    6021-55 Canden Ave., 2378-2400 Dixie Dr. , 6021-6121 McCasland Ave, Portage, IN 46368

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    Portage Townhome Units For Sale
    $1,295,000
    10,560 SF
    Portage Townhome Units For Sale

    Eight fully occupied townhome units in Portage, Indiana.

    2581 Parkview St, Portage, IN 46368

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    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
    Contact for pricing
    0.57 Acres
    Wooded Homesite in Wheatfield, Indiana

    Spacious, wooded 0.57-acre lot in established neighborhood.

    4418 Oakland Court, Wheatfield, IN 46392

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    University Park Developable Land
    Contact for pricing
    3.20 Acres
    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484

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    Vacant Lot in Gated Community
    Contact for pricing
    0.12 Acres
    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360

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    Land For Sale, Lakemoor, IL
    Contact for pricing
    0.12 Acres
    Land For Sale, Lakemoor, IL

    Commercial land available in Lakemoor, Illinois.

    27 Oyster Bay, Lakemoor, IL 60051

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    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)
    4,816 SF Lot: 0.29 Acres
    Value Estimation by Request

    504 Washington St, Hobart, IN 46342-2100

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    207 37th Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,160 SF Lot: 0.23 Acres
    Value Estimation by Request

    207 37th Ave, Hobart, IN 46342-1165

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    325 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,890 SF Lot: 0.05 Acres
    Value Estimation by Request

    325 Main St, Hobart, IN 46342-4441

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    905 37th Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 3.61 Acres
    Value Estimation by Request

    905 37th Ave, Hobart, IN 46342-2073

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    716 Lk Shr Dr, Unit 720
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,060 SF Lot: 0.24 Acres
    Value Estimation by Request
    Unit 720

    716 Lk Shr Dr, Hobart, IN 46342-5020

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    220 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    10,488 SF Lot: 0.23 Acres
    Value Estimation by Request

    220 Main St, Hobart, IN 46342-4449

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    504 Washington St, Unit 4
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,816 SF Lot: 0.29 Acres
    Value Estimation by Request
    Unit 4

    504 Washington St, Hobart, IN 46342-2168

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    120 Lawrence St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,096 SF Lot: 0.30 Acres
    Value Estimation by Request

    120 Lawrence St, Hobart, IN 46342-3376

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    531 Kelly St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,944 SF Lot: 0.26 Acres
    Value Estimation by Request

    531 Kelly St, Hobart, IN 46342-2476

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    125 Lawrence St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,096 SF Lot: 0.34 Acres
    Value Estimation by Request

    125 Lawrence St, Hobart, IN 46342-3370

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    124 Hobart Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,096 SF Lot: 0.26 Acres
    Value Estimation by Request

    124 Hobart Rd, Hobart, IN 46342-3374

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    130 Hobart Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,096 SF Lot: 0.26 Acres
    Value Estimation by Request

    130 Hobart Rd, Hobart, IN 46342-3372

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    615 37th Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 11.30 Acres
    Value Estimation by Request

    615 37th Ave, Hobart, IN 46342-2278

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    333 3rd St
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,416 SF Lot: 0.53 Acres
    Value Estimation by Request

    333 3rd St, Hobart, IN 46342-4231

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    656 Hobart Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,096 SF Lot: 0.28 Acres
    Value Estimation by Request

    656 Hobart Rd, Hobart, IN 46342-2478

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    662 Hobart Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,096 SF Lot: 0.37 Acres
    Value Estimation by Request

    662 Hobart Rd, Hobart, IN 46342-2459

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    611 3rd St
    APARTMENT HOUSE (UNDER 5 UNITS)
    10,352 SF Lot: 0.18 Acres
    Value Estimation by Request

    611 3rd St, Hobart, IN 46342-4419

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    338 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,171 SF Lot: 0.04 Acres
    Value Estimation by Request

    338 Main St, Hobart, IN 46342-4442

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    1421 High St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,096 SF Lot: 0.26 Acres
    Value Estimation by Request

    1421 High St, Hobart, IN 46342-3319

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    504 Washington St, Unit 3N
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,816 SF Lot: 0.29 Acres
    Value Estimation by Request
    Unit 3N

    504 Washington St, Hobart, IN 46342-2168

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    3300 Randolph Pl
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,799 SF Lot: 0.50 Acres
    Value Estimation by Request

    3300 Randolph Pl, Hobart, IN 46342-1473

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    3329 Michigan St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,825 SF Lot: 0.21 Acres
    Value Estimation by Request

    3329 Michigan St, New Chicago, IN 46342-1183

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    517 3rd St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,833 SF Lot: 0.06 Acres
    Value Estimation by Request

    517 3rd St, Hobart, IN 46342-4417

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    Hobart, IN Multifamily Properties Investment Opportunities Market Analysis

    Explore 33 multifamily properties for sale in Hobart, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $300,000.

    Sale prices for multifamily properties in Hobart, IN start at $300,000, averaging $300,000, and reaching up to $300,000 — 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

    Duplexes 1

    Property Size Breakdown

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

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Hobart submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    46342 $300K

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

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