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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 Griffith, IN Schererville, IN

Low-Maintenance Paired Villa Duplex

Updated: Sep 11, 2025

Low-Maintenance Paired Villa Duplex

523 Hidden Oak Drive, Hobart, IN 46342

$246,000

1,300 sqft 0.14 AC lot

1,300‑square‑foot paired villa duplex with one‑level living
Two bedrooms, two bathrooms, laundry room, and open dining area
Eat‑in kitchen with stainless steel appliances, laminate counters, and gas range
Private patio, attached garage, open parking, and driveway
HOA handles lawn care, irrigation, and snow removal

7-Unit Downtown Mixed-Use Property

Updated: Apr 30

7-Unit Downtown Mixed-Use Property

220 Main St, Hobart, IN 46342

$800,000

10,332 sqft

Seven‑unit mixed‑use property with four two‑bedroom apartments and three retail storefronts
10,332‑square‑foot property built in 1922
Three retail storefronts of approximately 1,200 square feet each
Recently renovated building at 220 Main St, Hobart, IN 46342
Overlooks Lake George in downtown Hobart

Hampshire Park Apartment Community

Hampshire Park Apartment Community

400 N Lake Park Ave, Hobart, IN 46342

Contact for pricing

226,188 sqft

Garden-style multifamily property with one- and two-bedroom homes and a renovated pool amenity.

See hot listings in Hobart

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

13-Unit Mixed-Use Property

13-Unit Mixed-Use Property

602-610 E THIRD ST, Hobart, IN 46342

Contact for pricing

Three connected buildings combine apartments and storefronts, with one retail suite available for occupancy.

Based on your search, we've compiled 45 Potential Opportunities for your consideration. Besides 4 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.

Mixed-Use Property with Leased Spaces

Mixed-Use Property with Leased Spaces

2800 Dekalb Street, Lake Station, IN 46405

$550,000

1,005 sqft 0.16 AC lot

Two-level configuration combines four occupied commercial spaces with three leased residential units.

Leased Mixed-Use Property

Leased Mixed-Use Property

2800 Dekalb St, Lake Station, IN 46405

$550,000

1,005 sqft

Two-level property combines leased commercial occupancy with residential units in Lake Station.

Duplex with Lease Option

Duplex with Lease Option

2741 Edgewood St, Portage, IN 46368

$239,000

1,458 sqft

Two residential units provide four bedrooms and two bathrooms overall, with recent furnace replacement serving the front unit.

Duplex with Newer Furnace

Duplex with Newer Furnace

2741 Edgewood Street, Portage, IN 46368

$239,000

0.20 AC lot

One unit has a newer furnace, with public water and sewer serving the property.

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.

Agricultural Land

Agricultural Land

Lute Road, Portage, IN 46368

$280,000

13.32 AC lot

Residentially zoned acreage with public water and sewer availability in Portage Township.

Valparaiso Land Development Opportunity

Valparaiso Land Development Opportunity

672 Coventry Court, Valparaiso, IN 46385

$485,000

23.00 AC lot

23 acres with utilities, ready for development in Valparaiso.

Residential Land in Portage, Indiana

Residential Land in Portage, Indiana

Mccool Road, Portage, IN 46368

$799,000

31.95 AC lot

31.95 acre residential parcel in established Portage subdivision.

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

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

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

905 37th Ave

MOBILE HOME PARK, TRAILER PARK

905 37th Ave, Hobart, IN 46342-2073

Estimated value:

$300,000

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

Estimated value:

$255,000

3,060 sqft 0.24 AC lot

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

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

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

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

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

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

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

615 37th Ave

MOBILE HOME PARK, TRAILER PARK

615 37th Ave, Hobart, IN 46342-2278

Estimated value:

$335,000

11.30 AC lot

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

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

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

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

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

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

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

Hobart, IN Residential Income Properties Market Trends and Statistics

Explore 37 residential income properties for sale in Hobart, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 237,820 square feet of properties for sale, with an estimated market value of $1,046,000.

Sale prices for residential investment properties in Hobart, IN start at $246,000, averaging $523,000, and reaching up to $800,000 — 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%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
46342	$523K

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.

How Realmo verifies these figures

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