1150 Indiana Avenue, Griffith, IN 46319
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by:carla gorman
Office:baird & warner res. sales inc.
MLS#:826503
Source:Northwest Indiana AOR as distributed by MLS GRID
1150 Indiana Avenue,Griffith, IN 46319
$549,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Price summary
- Price:$549,000
About this home
FANTASTIC MOVE-IN READY 4 UNIT INVESTMENT PROPERTY IN GRIFFITH! This well-maintained 4-unit building offers steady income, low maintenance, and a prime location, featuring (3) two-bedroom/one-bath apartments and (1) one-bedroom/one-bath apartment. All units are fully occupied with long-term tenants on active leases for reliable cash flow. Recent renovations include complete gut rehabs of Units 3 & 4 in 2024 with new kitchens featuring quartz countertops, custom cabinetry, appliances, windows, updated bathrooms, carpet, and in-unit A/C, along with exterior improvements such as new windows, professional landscaping, daylight security lighting, and a fully lit parking lot. Building and mechanical updates include a serviced boiler, new water heater (2025), new commercial washer and dryer, upgraded electrical panels for renovated units, and a roof replaced approximately 10 years ago. This property is a fantastic opportunity for investors seeking strong returns and long-term stability. Commercial washer ad dryer located in basement, provides additional cash flow.**Low maintenance and upside to rent increases!
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Home facts
- Year built:1968
- Listing ID #:826503
- Added:4 day(s) ago
- Updated:August 29, 2025 at 03:20 AM
Structure and exterior
- Year built:1968
- Lot area:0.18 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$549,000
- Tax amount:$5,057 (2023)
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