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$850,000
This recently renovated property is located in the heart of Downtown Hobart, 220 Main Street presents a rare opportunity to acquire a well-positioned, 7 unit, mixed-use investment property overlooking Lake George and surrounded by the city's thriving Main Street business district. Comprised of four spacious 2-bedroom residential apartments and three, approximately, 1,200-square-foot retail storefronts, this seven-unit asset offers investors a diversified income stream in one of Northwest Indiana's most desirable downtown markets. The property's prime location places tenants within walking distance of restaurants, shopping, entertainment, parks, and year-round community events, creating strong demand from both residential and commercial users. The residential units benefit from Hobart's limited supply of quality downtown housing, while the retail spaces enjoy excellent visibility, pedestrian traffic, and exposure along one of the city's most active commercial corridors. Investors will appreciate the combination of stable cash flow, multiple revenue sources, and long-term upside potential. With opportunities to increase rents through strategic lease renewals, tenant turnover, and continued downtown growth, the property offers an attractive value-add component while maintaining the stability typically associated with mixed-use assets. The proximity to major transportation routes, regional employers, and the continued revitalization of Downtown Hobart further supports the property's long-term investment appeal. Whether you're seeking to expand an existing portfolio or acquire a landmark downtown asset, this property represents a compelling opportunity to own a highly visible mixed-use property in a market experiencing continued growth and investment.

220 Main Street, Hobart
$289,999
4 Beds ⋅ 3 Baths
Step into timeless charm with this beautifully maintained 4-bedroom, 2.5-bath home in the heart of downtown Hobart, perfectly positioned along the beloved 4th of July parade route. Rich in over 100 years of character, it seamlessly blends historic appeal with thoughtful modern updates. All four bedrooms are located on the second level, along with a cozy nook and convenient laundry room, creating a functional and private retreat. The main level offers a dedicated office, powder room, formal dining room, and a spacious living room--ideal for both everyday living and working from home. Recent updates include a new oven range (2023), microwave, custom blinds, and custom his-and-her closet build-outs in the primary bedroom for enhanced organization. Enjoy your morning coffee on the welcoming front porch or unwind on the back porch--perfect for relaxing or entertaining. The detached 2.5-car garage adds flexibility with a separate door for a golf cart or motorcycle and easy alley access. A rare opportunity to own a piece of Hobart's history in a vibrant, walkable location--don't miss it!

791 Lincoln Street, Hobart
$230,000
4 Beds ⋅ 1 Baths
Discover 240 Rush Ct, Hobart, IN--a 4-bed, 1-bath bi-level home with incredible potential! This estate sale is sold as-is, ideal for investors or buyers ready to invest sweat equity. The lower level has plumbing stubbed for a potential second bathroom, awaiting your vision. Featuring a 2-car garage and a cozy sunroom perfect for relaxing or entertaining, this home is ready for transformation. Conveniently located near County Line Orchard and Portage shopping, it offers both charm and accessibility. Don't miss this chance to create your dream home!

240 Rush Court, Hobart

Updated . Information deemed reliable but not guaranteed.