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$319,900
4 Beds ⋅ 1 Baths
Whether you're an investor looking for immediate cash flow or a buyer hoping to offset your mortgage with rental income, this updated brick duplex is an opportunity you won't want to miss. This property offers the perfect combination of immediate income potential and long-term value. One unit is already tenant-occupied, providing instant rental income, while the second unit is ready for a new tenant or an owner-occupant looking to offset their mortgage with rental revenue. Both units have been thoughtfully updated, making this a truly turnkey opportunity. Whether you're expanding your investment portfolio or searching for a property with built-in income potential, this duplex checks all the boxes. As an added bonus, the sale includes an adjacent buildable lot, offering endless possibilities for future development, expansion, or additional investment potential. Conveniently located near downtown Griffith, you'll enjoy easy access to local restaurants, shops, parks, and community events while benefiting from a desirable location with strong rental appeal. Don't miss this rare opportunity to own an updated income-producing property plus a buildable lot all in one package!

132-136 S Elgin Street, Griffith
$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
$319,000
4 Beds ⋅ 3 Baths
Completely renovated 4 bed 3bath, the 5th bed and a 2nd living room are in the recently finished basement, offering modern upgrades and flexible living space throughout. The main level features two spacious bedrooms and a full bathroom, along with a stunning brand-new kitchen showcasing a waterfall quartz countertop, new cabinetry, and stainless-steel appliances. The second level offers two large rooms and an additional full bathroom, providing privacy and comfort for family. The newly finished basement adds even more living space with a full bathroom, bonus room, and a large recreation or living area--perfect for a playroom, entertainment space, or related living. The basement also includes a generously sized laundry room, storage room, and a walk-out door, making it ideal for in-law living or extended guest stays. This home has been extensively updated with brand-new siding, driveway, roof, flooring, bathrooms, furnace, AC unit, garage door opener, exterior and interior doors, light fixtures, and fresh paint throughout. Most windows are also brand new, giving the home both efficiency and style. Located in a prime location, this home is within walking distance to local shops, restaurants, and public parks --offering convenience and a vibrant community lifestyle.

747 N Lafayette 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
$330,777
3 Beds ⋅ 2 Baths
New, I HAVE THE PERMIT TO START BUILDING LETS BUILD YOUR NEW HOME IN 2026 Build to your liking with this proposed construction. Across from a beautiful lake .Home has nice size bedrooms .. Total project will take about 4 TO 5 months DEPENDING ON THE TIME OF YEAR AND PRODUCTIN TIME. Kitchen and baths will be granted counter tops solid core door no junk in this home. Home is 1568 Square Feet on a Full Basement attached is the 24 X 30 garage ! The options are endless. Lets build your home on this beautiful lot today! This home is a Modular Heckaman Homes built in Nappanee Indiana they have been building homes for over 50 years.There are many homes in the area Griffith, Calumet township, Cedar Lake that your buyer can see they were built several years ago SOME ARE RANCHES AND SOME 2 STORY HOMES. WALLS ARE 2/6 SEE STAND SPECS AND THE FLOOR PLANE You can also go to the factory for a tour on Saturdays from 10- 2 pm EST

4000 W 51st Avenue, Griffith

Updated . Information deemed reliable but not guaranteed.