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.

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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)
Based on information submitted to the MLS GRID as of August 29, 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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