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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
$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
$200,000
Nearly 7 acres undeveloped vacant lot located in Lake Central Schools! This scenic lot is ideal for building your dream home. It presents a great investment opportunity to subdivide and build multiple homes. There is ample space to add a barn for horses and other animals to graze. The opportunities and potential uses are endless.

1716 S Broad 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.