Under Contract
2302 37th Avenue
Hobart, IN 46342
$299,900 ▼ $49,900 from $349,800
4beds
2baths
—sqft
21acres
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About this home
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
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Year built1945
Garage spaces1.5
Lot size21 acres
Architectural styleBungalow, Ranch
Annual tax$4,517
CountyLake
MLS #MRD12343625
Days on market312
Features
Heating
Natural Gas
Parking
Garage Door OpenerHeated GarageYesGarage OwnedAttachedOff StreetSide ApronDrivewayOwnedGarage
Construction
Vinyl SidingFrame
Lot features
Corner Lot
Sewer
Public SewerStorm Sewer
Listed by
Banga Realty
Ray Tambrini · 708-651-2187
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/9/2026, 9:12:01 AM. All data should be independently verified.
This home is under contract. Contact a dwello agent to explore similar active listings or be notified if it returns to market.
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