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$310,000
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Property Description
Sold "AS IS" please use form: Completed Restoration at this Price. Transformed House Made Into A 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.
Full Property Details
Full Property Details for 2302 W 37th Ave
General
- Price: $310,000
- Taxes: $4,517 (2023)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 819266
- Updated: 11/24/2025
- Added to Site: 273 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Ceiling Fan(s), Walk-In Closet(s), Soaking Tub, Recessed Lighting, Laminate Counters, Kitchen Island, Eat-in Kitchen
- Appliances: ENERGY STAR Qualified Appliances, Stainless Steel Appliance(s), Range Hood, Refrigerator, Microwave, Gas Water Heater, Gas Range, Gas Cooktop
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Private Yard, Rain Gutters
Parking
- Garage Spaces: 1.5
- Parking Features: Additional Parking, Off Street, Garage Door Opener, Attached, Oversized, On Street, Garage Faces Front, Driveway, Concrete, Asphalt
Location
- County: Lake
- Township: Hobart
- Subdivision: Pt Sub
- Driving Directions: From I-65 Exit Ridge Road (E-37th Ave/Ridge Road) East to Quick Left Near New Jersey & E-37th Avenue
Heating & Cooling
- Heating Type: Central, Individual Unit, Natural Gas, Forced Air, ENERGY STAR Qualified Equipment
Structural Information
- Year Built: 1945
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,148
- Lot Features: Back Yard, Private, Landscaped, Front Yard, Few Trees, Corner Lot
- Zoning: Mixed Use
Financial Considerations
- Tax Amount: $4,517
- Tax Year: 2023
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: PT SUBDIV. SW SE S.24 T.36 R.8 "135X67.55 FT." 0.21 AC " SEE ADD. DESC. "
- Property ID: 450824457004000020
Listed by Banga Realty, LLC
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Schools
Schools serving 2302 W 37th Ave
School District:River Forest Community School Corporation
| Name | Grades | Distance |
|---|---|---|
River Forest Jr-Sr High School 3300 Indiana St, Hobart, IN 46342 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2302 W 37th Ave
Date
Details
Price
Change
Source
11/24/2025
Price Reduced
$310,000
-1.59%
MLS
10/18/2025
Price Reduced
$315,000
-4.69%
MLS
9/19/2025
Price Reduced
$330,500
-4.15%
MLS
5/27/2025
Price Reduced
$344,800
-1.43%
MLS
4/17/2025
Listed
$349,800
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2302 W 37th Ave
2302 W 37th Avenue, Hobart, IN 46342 (MLS# 819266) is a Multi-Family property with units containing 4 bedrooms and 2 full bathrooms. 2302 W 37th Avenue is currently listed for $310,000 and was received on April 17, 2025. Want to learn more about 2302 W 37th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Hobart? You can browse all Hobart real estate or contact a Coldwell Banker agent to request more information.

