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2302 W 37th Avenue

Hobart, IN 46342

4 beds
2 baths
– sqft
~21 acre lot
1945 build
– on site

This is one of those rare finds, 2-unit completely remodeled income property offers an exceptional value and opportunity for both investors and homeowner. Main unit 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 swing and vintage street lamp poles on timer. New roof, exterior a/c unit and large kitchen pantry. Upper unit over 1100 SF, 2-Beds, 1-Full Bath, features exterior/interior staircase, new furnace, new exterior a/c unit, water heater and new kitchen and appliances. Separate utilities except only one water meter. Both units 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 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.

Listing courtesy of MRED / Banga Realty as distributed by MLS GRID

Last checked: Checking… • Last updated Apr 27, 2025 •

MLS# 12343625 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1945
Rebuilt:

No
New Construction:

false
Construction Materials:

Vinyl Siding, Frame
Architectural Style:

Bungalow, Ranch
Roof:

Asphalt
Basement:

None
Foundation Details:

Concrete Perimeter
Patio And Porch Features:

Deck, Patio
Other Equipment:

CO Detectors, Ceiling Fan(s), Multiple Water Heaters, Water Heater-Gas
Window Features:

Screens

Interior

Room Type:

Kitchen, Utility Room-1st Floor
Rooms Total:

10

Location

Directions:

East on Ridge Road (38th Avenue) to Arizona, Quick Left & Quick Right to W 37th Avenue & Cross Street New Jersey on the Corner
Location:

28416

The Property

Parcel Number:

45022445700400
Property Type:

Residential Income
Location:

A
Lot Features:

Corner Lot
Lot Size Dimensions:

68 X 135
Lot Size Acres:

21
Zoning:

SINGL
Waterfront:

false
Additional Parcels:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

4517

Beds

Bedrooms Total:

4
Bedrooms Possible:

4

Baths

Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

Standard

Heating & Cooling

Heating:

Natural Gas

Utilities

Sewer:

Public Sewer, Storm Sewer
Water Source:

Lake Michigan

The Community

Community Features:

Curbs, Sidewalks, Street Lights, Street Paved

Parking

Parking Total:

5.5
Parking Features:

Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Off Street, Side Apron, Driveway, Owned, Garage
Garage Spaces:

1.5

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/21/25 Apr 21, 2025	Listed / Active	MRED	$349,800	204.4% (30.6% / YR)
8/16/18 Aug 16, 2018		NIRA	$114,900	27.8% (3.8% / YR)
4/1/11 Apr 1, 2011		NIRA	$89,900

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This multifamily located in Hobart, IN 46342 is currently for sale for $349,800. 2302 W 37th Avenue is a – square foot multifamily with 4 beds and 2 baths that has been on Estately for 11 days. This multifamily is in the attendance area of River Forest Jr-Sr High School.

Listing courtesy of MRED, Banga Realty, and Ray Tambrini as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of Apr 27, 2025, 05:12 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.