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Hobart, IN

Residential Income

Hobart, IN Residential Income 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

Townhome with Private Patio

Updated: Jun 30

Townhome with Private Patio

379 Fox Trail Court, Hobart, IN 46342

$279,900

2,296 sqft 0.14 AC lot

4‑bedroom, 3‑bath townhome built in 1999
Walk to downtown Hobart and Festival Park
Finished full basement with wet bar and a second laundry hookup (washer and dryer included)
Kitchen includes dishwasher, refrigerator, microwave, and gas range
Forced‑air heating; public water and public sewer

Paired Villa with Private Patio

Paired Villa with Private Patio

523 Hidden Oak Drive, Hobart, IN 46342

$248,000

1,300 sqft 0.14 AC lot

Brick-and-vinyl paired villa with a private patio and HOA-managed lawn care, irrigation, and snow removal.

Based on your search, we've compiled 44 Potential Opportunities for your consideration. Besides 3 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 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.

Half Duplex Home with Finished Garage

Half Duplex Home with Finished Garage

3884 Stadium Street, Portage, IN 46368

$275,000

1,252 sqft 0.15 AC lot

Well-maintained half duplex features open-concept living, 2 bedrooms, and a finished 2.5-car garage for added usability.

Half-Duplex Home with Large Garage

Half-Duplex Home with Large Garage

3889 Stadium Street, Portage, IN 46368

$275,000

1,252 sqft 0.11 AC lot

Half-duplex home with an open floor plan, granite kitchen counters, and a deep 2.5-car garage.

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.

Updated Two-Unit Duplex

Updated Two-Unit Duplex

5512 Washington Street, Merrillville, IN 46410

$345,000

0.23 AC lot

Each side offers 2 bed, 1 bath living space with attached garages and recent interior updates.

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.

Vacant Lot in Hobart, IN

Vacant Lot in Hobart, IN

7007 Lincolnway Street, Hobart, IN 46342

$35,000

0.34 AC lot

Vacant lot in Hobart, ideal for building or investment.

Residential Land in Quiet Neighborhood

Residential Land in Quiet Neighborhood

2600 Bl. W 38th Avenue, Hobart, IN 46342

Contact for pricing

0.31 AC lot

Large lot suitable for modular or manufactured home.

Portage Acreage Property on Lute

Portage Acreage Property on Lute

Lute Road, Portage, IN 46368

$280,000

13.32 AC lot

Acreage property in Portage Township with redevelopment potential.

Merrillville Land Opportunity

Merrillville Land Opportunity

7530 Madison Street, Merrillville, IN 46410

$350,000

37.18 AC lot

Over 37 acres available for residential development or private oasis.

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

Hobart, IN Residential Income Properties Market Trends and Statistics

Explore 36 residential income properties for sale in Hobart, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,681 square feet of properties for sale, with an estimated market value of $826,900.

Sale prices for residential income properties in Hobart, IN start at $248,000, averaging $275,633, 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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