2302 W 37th Avenue
Hobart, IN, 46342 $ 299,900
Bedrooms4 Baths2.0 Sq 2,400 Monthly Estimate*
$ 1,847
for $299,900 with 4 bedrooms and 2 full baths. This 2,400 square foot home was built in 1945 on a lot size of 21.
Seller purchased this 2-unit apartment building and removed & remodeled interior walls, flooring, skylights, roof, plumbing, electric, raised the upper floor apartment height of roof, new exterior A/C units, appliances, cabinets, walls, closets etc. Alternatively, homeowners can live in one unit while renting out the other, effectively covering the mortgage and potentially generating additional income. This two-unit apartment property is perfect for those seeking a turnkey investment or a versatile living arrangement. Don't miss the chance to own this beautifully updated functional 2-unit apartment building. Main ground level apartment boasts over 1275 SF, 2-Beds, 1-Full Bath, attached garage and all new SS appliances and laundry room with washer/gas dryer hookups. Full covered front porch with vintage street lamp poles on timer. New roof, exterior a/c unit and large kitchen pantry. Upper apartment boasts over 1100 SF, 2-Beds, 1-Full Bath, features exterior/interior staircase for safety/code, new furnace, new exterior a/c unit, water heater and new kitchen gas cooktop and refrigerator. Separate utilities except only one water meter. Both apartments feature brand new kitchens, complete with modern cabinets, sinks, and eat-in areas, making meal preparation and dining a pleasure. The new flooring throughout adds a fresh, clean look, while the all-new bathrooms for convenience and privacy. Two Separate Units Electric, Gas Meters with combined city water & trash. Separate Entrance Exits for Both Units.Alternatively, homeowners can live in one unit while renting out the other, effectively covering the mortgage and potentially generation additional income. This two-unit apartment property is perfect for those seeking a turnkey investment or a versatile living arrangement. Don't miss the chance to own this beautifully updated functional 2-unit apartment building
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FeaturesGeneralSewer Public Sewer Storm Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Zoning SINGL
Garage Spaces 1.5
Architectural Style Bungalow Ranch
Construction Materials Vinyl Siding Frame
Year Built 1945
Township Hobart
Tax Year 2023
Ownership Fee Simple
Community Features Curbs Sidewalks Street Lights Street Paved
County Lake
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status Price Change
Directions East on Ridge Road (38th Avenue) to Arizona Quick Left & Quick Right to W 37th Avenue & Cross Street New Jersey on the Corner
City Hobart
MLS Area Indiana - Hobart
Tax Annual Amount 4517
Additional Parcels Y/N N
Standard Status Active
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InteriorBasement None
Total Bedrooms 4
Room Type Kitchen Utility Room-1st Floor
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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ExteriorParking Features Garage Door Opener Heated Garage Yes Garage Owned Attached Off Street Side Apron Driveway Owned Garage
Lot Features Corner Lot
Water Source Lake Michigan
Total Parking 5.5
Foundation Details Concrete Perimeter
Lot Dimensions 68 X 135
Lot Size Acres 21
Waterfront Y/N N
Other Equipment CO Detectors Ceiling Fan(s) Multiple Water Heaters Water Heater-Gas
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* Excluded FeaturesList BysellwithRay1@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,847
- Monthly Property Taxes
- $376
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Hobart, IN
Average List Price $461,920
Percent of Sale Price 54%
About Hobart, IN 27,656 Population
9% Since 2002
$ 58,961 Median Income
39.8 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/26/2026 | $299,900 | -3.26% | Price Down |
| 11/25/2025 | $310,000 | -1.59% | Price Down |
| 10/29/2025 | $315,000 | -4.69% | Price Down |
| 9/9/2025 | $330,500 | -4.15% | Price Down |
| 6/2/2025 | $344,800 | -1.43% | Price Down |
| 4/21/2025 | $349,800 | | Listed Price |