1150 Indiana Avenue, Griffith, IN 46319
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1150 Indiana Avenue, Griffith, IN 46319
1150 Indiana Avenue, Griffith, IN 46319
1150 Indiana Avenue, Griffith, IN 46319
1150 Indiana Avenue, Griffith, IN 46319

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1150 Indiana Avenue Griffith, IN 46319

7,710 Sqft Lot


Key Details

Sold Price -

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Brinwood Add

MLS Listing ID 826503

Sold Date -

Year Built 1968

Annual Tax Amount $5,057

Tax Year 2023

Lot Size 7,710 Sqft

Property Sub-Type Quadruplex

Property Description

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!

Location

State IN

County Lake

Rooms

Basement Other

Interior

Interior Features Open Floorplan, Stone Counters

Heating Baseboard

Cooling Individual Units

Flooring Carpet, Vinyl, Tile

Fireplace No

Appliance Dryer, Washer, Refrigerator, Gas Water Heater, Electric Range

Exterior

Exterior Feature Lighting

Parking Features Asphalt, Paved

Utilities Available Cable Available, Sewer Connected, Water Connected, Electricity Connected

Roof Type Shingle

Building

Lot Description Cul-De-Sac, Paved, Landscaped

Schools

School District Griffith

Others

Acceptable Financing Cash, VA Loan, Other, FHA, Conventional

Listing Terms Cash, VA Loan, Other, FHA, Conventional

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Listed by Baird & Warner Res. Sales Inc.
Bought with Realty Executives Premier
Indiana Homes

Indiana Homes

+1(877) 663-9366

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