642 Water Street, Hobart, IN 46342

Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by:anthony sobczak
Office:via realty
MLS#:829278
Source:Northwest Indiana AOR as distributed by MLS GRID
642 Water Street,Hobart, IN 46342
$279,900
  • 5 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$279,900

About this home

Excellent investment opportunity in the heart of Hobart! This 5-unit property offers a mix of one-bedroom and efficiency apartments, plus a larger 3-bedroom unit, all with strong rental history. With a total living area of 2,738 sq. ft. and on-site basement storage/common area, the property is both functional and efficient. Off-street parking available for tenants. Conveniently located near downtown Hobart, schools, shopping, and Lake George. A solid income-producing property ready to generate immediate cash flow for an investor!

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Home facts

  • Year built:1905
  • Listing ID #:829278
  • Added:1 day(s) ago
  • Updated:October 14, 2025 at 12:18 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:6
  • Full bathrooms:4

Structure and exterior

  • Year built:1905
  • Lot area:0.17 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$279,900
  • Tax amount:$4,321 (2023)
Based on information submitted to the MLS GRID as of October 14, 2025. 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. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the 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.

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