Residential Income For Sale

132-136 Elgin Street, Griffith, Indiana

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Property Description

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!

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA842598
Price : $319,900
Bedrooms : 4
Rooms : 8
Bathrooms : 1
Half Bathrooms : 0
Year Built : 1963
Lot Area : 9,365 Sqft
Status : Active
Acres : 0.215
Property Subtype 1 : Duplex
Status : Active
Features
Heating System : Central, Forced Air, Natural Gas
Pet Policy : Yes
Parking : Detached, Driveway, On Street
Exterior Features : Storage, Fire Pit
Interior Features : Ceiling Fan(s), Eat-in Kitchen
Appliances
Appliances : Refrigerator, Gas Range
Address Map
Country : US
State : IN
County : Lake
City : Griffith
Street : Elgin
Street Number : 132-136
Street Suffix : Street
Postal Code : 46319
Floor Number : 0
Longitude : W88° 33' 30.5''
Latitude : N41° 31' 16.9''
Directions : Cline exit south to west on Main St. to South on Elgin Ave
Subdivision : None
Township : North
MLS Addon
Office Name : Better Homes and Gardens Real
Listing Agent MLS ID : NRA13349
Listing Office MLS ID : NRA2007
Annual Tax Amount : $4,662
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2024
Residential Income For Sale
  • Listing ID : NRA842598
  • Bedrooms : 4
  • Bathrooms : 1
  • Lot Area : 9,365 Sqft
$319,900
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent