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Hobart, IN Residential Income Properties for Sale

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Hobart Duplex For Sale
$209,900
0.36 Acres

Hobart Duplex For Sale

1231 W 3Rd St, Hobart, IN 46342

Two-unit duplex with updated features, ideal for investors.

  • Income‑generating duplex with two units currently rented.
  • Recent updates including newer roof, vinyl siding, windows, flooring, baths, and kitchens.
  • Located near Lake George recreation area.
  • Situated in the Joan Martin Hobart school area.
  • Unit A rented for $1,300 per month; Unit B rented for $1,090 per month.
Updated: Jan 27
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Updated Two-Unit Apartment Building
$344,800

Updated Two-Unit Apartment Building

2302 W 37Th Ave, Hobart, IN 46342

Turnkey investment opportunity with two updated units and separate utilities.

  • Completely remodeled with new interior walls, flooring, skylights, roof, plumbing, electric, A/C units, appliances, cabinets, and more.
  • Two separate units offer versatile living arrangement or turnkey investment opportunity.
  • Potential for rental income from one unit to cover mortgage expenses.
  • Main ground level apartment: 1275 SF, 2 beds, 1 bath, attached garage, new SS appliances, laundry room.
  • Upper apartment: 1100 SF, 2 beds, 1 bath, new furnace, new A/C unit, water heater, gas cooktop, refrigerator.
Updated: Apr 21, 2025
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Based on your search, we've compiled 40 Potential Opportunities for your consideration. Besides 2 Active listings in Hobart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 33 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Prime Portage Land - 68 Acres
Contact for pricing
68.00 Acres

Prime Portage Land - 68 Acres

68 acres, commercial & residential potential.

5000 Us Highway 6, Portage, IN 46368
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Duplex Backing Up To Park
Pending
$235,000
0.24 Acres

Duplex Backing Up To Park

Duplex on a lot backing up to Countryside Park North.

3314-16 Brown St, Portage, IN 46368
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Gary, IN Multifamily Investment
$469,000
0.08 Acres

Gary, IN Multifamily Investment

Six-unit apartment building, 100% occupied.

1301 Pennsylvania St, Gary, IN 46407
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Gary, Indiana Multi-Family Property
Pending
$30,000
0.34 Acres

Gary, Indiana Multi-Family Property

Two-unit property on a large lot, ideal for skilled investors.

563 Pennsylvania St, Gary, IN 46402
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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.

Hobart Land with Development Potential
Pending
$250,000
21.36 Acres

Hobart Land with Development Potential

21.359 acres of land with business and residential zoning.

7203 Grand Blvd, Hobart, IN 46342
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Explore 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.

334 Liberty St

334 Liberty St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,607 SF
Value Estimation by Request
334 Liberty St, Hobart, IN 46342-3380
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3300 Randolph Pl

3300 Randolph Pl

APARTMENT HOUSE (UNDER 5 UNITS) • 7,799 SF
Value Estimation by Request
3300 Randolph Pl, Hobart, IN 46342-1473
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333 3rd St

333 3rd St

APARTMENT HOUSE (UNDER 5 UNITS) • 6,416 SF
Value Estimation by Request
333 3rd St, Hobart, IN 46342-4231
View details
905 37th Ave

905 37th Ave

MOBILE HOME PARK, TRAILER PARK • 3.61 Acres
Value Estimation by Request
905 37th Ave, Hobart, IN 46342-2073
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504 Washington St, Unit 4

504 Washington St, Unit 4

APARTMENT HOUSE (UNDER 5 UNITS) • 4,816 SF
Value Estimation by Request
504 Washington St, Hobart, IN 46342-2168
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3329 Michigan St

3329 Michigan St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,825 SF
Value Estimation by Request
3329 Michigan St, New Chicago, IN 46342-1183
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751 State Rd 130

751 State Rd 130

MOBILE HOME PARK, TRAILER PARK • 1,894 SF
Value Estimation by Request
751 State Rd 130, Hobart, IN 46342-9408
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611 3rd St

611 3rd St

APARTMENT HOUSE (UNDER 5 UNITS) • 10,352 SF
Value Estimation by Request
611 3rd St, Hobart, IN 46342-4419
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209 Illinois St

209 Illinois St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,203 SF
Value Estimation by Request
209 Illinois St, Hobart, IN 46342-4513
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338 Main St

338 Main St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,171 SF
Value Estimation by Request
338 Main St, Hobart, IN 46342-4442
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517 3rd St

517 3rd St

APARTMENT HOUSE (UNDER 5 UNITS) • 5,833 SF
Value Estimation by Request
517 3rd St, Hobart, IN 46342-4417
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125 Lawrence St

125 Lawrence St

APARTMENT HOUSE (UNDER 5 UNITS) • 4,096 SF
Value Estimation by Request
125 Lawrence St, Hobart, IN 46342-3370
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207 37th Ave

207 37th Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 4,160 SF
Value Estimation by Request
207 37th Ave, Hobart, IN 46342-1165
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615 Lk St

615 Lk St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,105 SF
Value Estimation by Request
615 Lk St, Hobart, IN 46342-5105
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325 Main St

325 Main St

APARTMENT HOUSE (UNDER 5 UNITS) • 4,890 SF
Value Estimation by Request
325 Main St, Hobart, IN 46342-4441
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1421 High St

1421 High St

APARTMENT HOUSE (UNDER 5 UNITS) • 4,096 SF
Value Estimation by Request
1421 High St, Hobart, IN 46342-3319
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130 Hobart Rd

130 Hobart Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 4,096 SF
Value Estimation by Request
130 Hobart Rd, Hobart, IN 46342-3372
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696 Lincoln St

696 Lincoln St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,474 SF
Value Estimation by Request
696 Lincoln St, Hobart, IN 46342-5232
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124 Hobart Rd

124 Hobart Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 4,096 SF
Value Estimation by Request
124 Hobart Rd, Hobart, IN 46342-3374
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626 Main St

626 Main St

APARTMENT HOUSE (UNDER 5 UNITS) • 5,036 SF
Value Estimation by Request
626 Main St, Hobart, IN 46342-5269
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220 Main St

220 Main St

APARTMENT HOUSE (UNDER 5 UNITS) • 10,488 SF
Value Estimation by Request
220 Main St, Hobart, IN 46342-4449
View details
716 Lk Shr Dr, Unit 720

716 Lk Shr Dr, Unit 720

APARTMENT HOUSE (UNDER 5 UNITS) • 3,060 SF
Value Estimation by Request
716 Lk Shr Dr, Hobart, IN 46342-5020
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Hobart, IN Residential Income Properties Investment Opportunities Market Analysis

Explore 34 residential income properties for sale in Hobart, IN on our real estate platform. These investment opportunities span a total of 821,671 square feet of properties for sale, with an estimated market value of $8,304,900.

Prices for residential income properties in Hobart, IN start at $209,900, averaging $267,900, and reaching up to $355,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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