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$419,900
5 Beds 4 Baths
Investor opportunity: Why buy one rental property when you can own two fully remodeled homes on a single parcel? Located on more than one acre in Griffith's New Elliott area within the highly regarded Lake Central School District, this unique property offers two separate residential structures and multiple paths to generating income. The primary home features 3 bedrooms, 2 bathrooms, and nearly 1,100 finished square feet. Notable features include a split-bedroom floor plan, primary suite with ensuite bathroom, finished laundry room, and an open-concept living room and kitchen designed for modern living. The accessory dwelling unit adds over 800 finished square feet and creates exceptional flexibility. The second home includes a spacious living room, finished laundry area, and two bedrooms, each with its own ensuite bathroom. Whether used for long-term tenants, multi-generational housing, guest accommodations, employee housing, or owner-occupant house hacking, the possibilities are substantial. Unlike many investment opportunities, both homes have already been remodeled, reducing the need for immediate capital improvements and allowing a new owner to focus on occupancy and cash flow. The property also includes a large 2-car garage and over one acre of land--an increasingly rare combination in Northwest Indiana. Conveniently located just one mile from US-30, the property provides easy access to Schererville, Dyer, Highland, and major employment centers throughout the region. Downtown Chicago is approximately 45 minutes away. All appliances stay. Two homes. One parcel. Over an acre of land. Whether you're looking to expand your portfolio, create multiple income streams, or secure a property with built-in flexibility, opportunities like this rarely reach the market.

1735 S Fairbanks Street, Griffith

$419,900
5 Beds 4 Baths
Why buy one fully remodeled home when you can own two? Opportunities like this are exceptionally rare. Situated on over one acre in Griffith's desirable New Elliott area, this unique property features two separate homes on a single parcel, creating possibilities that are difficult to find anywhere in Northwest Indiana. The primary home offers nearly 1,100 finished square feet with 3 bedrooms and 2 bathrooms. A desirable split-bedroom floor plan provides added privacy, while the primary suite includes its own ensuite bathroom. The open-concept living room and kitchen create a bright, inviting space ideal for everyday living and entertaining. A finished laundry room adds convenience and functionality. The second home delivers over 800 finished square feet of additional living space. Inside, you'll find a spacious living room, finished laundry area, and two bedrooms, each featuring its own ensuite bathroom. Whether you're accommodating guests, establishing a work-from-home retreat, looking to generate rental revenue, or exploring other lifestyle possibilities, the flexibility of this second home is a standout feature. Outside, the benefits continue with a large 2-car garage and more than an acre of land, providing room for outdoor entertaining, gardening, recreation, hobbies, or simply enjoying a little more space from neighboring properties. Location matters, and this property delivers. Situated within the highly regarded Lake Central School District in St. John Township, you'll enjoy convenient access to US-30, making travel throughout Northwest Indiana simple. Schererville, Dyer, Highland, shopping, restaurants, and everyday amenities are all just minutes away, while downtown Chicago is approximately 45 minutes from home. Even better, all appliances stay. Fully remodeled, move-in ready, and offering two homes on one property, this is the kind of opportunity that doesn't come along often.

1735 S Fairbanks Street, Griffith

$279,900
5 Beds 3 Baths
Welcome to this solid all-brick ranch in the heart of Griffith, offering plenty of space, recent updates, and a convenient location! This home features a long list of major improvements, including a brand-new roof (only a few months old), a furnace and water heater that are just a few months old, central air installed in 2022, and kitchen appliances replaced in 2022, with a brand-new stove installed in 2026. The heated 4-car garage with electricity provides incredible space for vehicles, storage, hobbies, or a workshop. Outside, you'll find a fully fenced backyard that's perfect for entertaining, pets, or enjoying your own private outdoor space. Located just 5 minutes from Central Park and the Griffith YMCA, and less than 10 minutes from the highway, this home offers easy access to parks, recreation, shopping, dining, and commuting. If you're looking for a home with solid construction, major mechanical updates already completed, and plenty of garage space in a great Griffith location, this is one you won't want to miss!

1708 Norwood Drive, Griffith

$449,000
5 Beds 4 Baths
Attention investors!!!! Located in an excellent Griffith location, this unique opportunity offers a 3-unit property conveniently located near shopping and expressways. The upper level unit is massive with a ranch design featuring 3 bedrooms, well appointed kitchen, dining room, large living room with wood burning fireplace, new vanity, medicine cabinet, new toilet in 3/4 bath, full remodel and upgraded full bath, and in unit laundry. Unit two, located on the ground level, is equally inviting, showcasing a large living room with fireplace, a functional kitchen, in unit laundry along with a bathroom that has a new vanity, new medicine cabinet, and one bedroom perfect for easy main floor living. The third unit features an open concept layout, seamlessly integrating the living room, dining room, kitchen, one bedroom and complemented by in unit laundry and a bathroom with new vanity, new toilet, new medicine cabinet, for added convenience. Outside, a fenced in backyard area provides a private space along with a shed for extra storage and a two-car garage with ample parking alongside the building. This property is a rare opportunity for homeowners to reside in one unit while renting out the others, with numerous upgrades including new delux carpet, new luxury vinyl flooring on ground floor units, fresh paint, new electrical panel, and newer three zone boiler system with sensor in each unit (2021) , windows (2023) and new central air. Utilities paid for by owner. This property is currently vacant and is turn key ready.

1533 N Broad Street, Griffith

$275,000
5 Beds 3 Baths
Amazing opportunity for a savvy investor. 3 small homes on a one-acre lot in the unincorporated Griffith/Schererville area - Lake Central Schools. At its current price and condition, you are looking at a Cap Rate of 0.15!! The units need some TLC, but the rent rates are very good. Where else can you get units for less than 100k each in the Lake Central School District? Rural feeling lot, yet close to so many conveniences (minutes to Rte. 30). Keep these units as a great investment, live in one, and rent the other two, or build your dream home and keep an in-law unit, or perhaps use it as an AirBnB, Plenty of possibilities for the creative mind! Front and middle units are Go and Show. 3rd unit can be scheduled after viewing the other 2 units. Please do not disturb back tenant. Seller is motivated.

1910 S Calhoun Street, Griffith

Updated . Information deemed reliable but not guaranteed.