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  • $538,000

    1150 N Indiana Ave, Griffith, IN 46319

    --beds
    --baths
    --sqft
    Quadruplex
    Built in 1968
    -- sqft lot
    $556,800 Zestimate®
    $--/sqft
    $1,513 Estimated rent

    Home value

    $556,800

    $507,000 - $612,000

    $1,513/mo

    Zestimate® history
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    $1,513/mo

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    $1,513/mo

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    $3,332/mo

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    $3,332/mo

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    What's special

    Quartz countertopsFully lit parking lotExterior improvementsNew kitchensDaylight security lightingUpdated bathroomsCustom cabinetry
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Carla Gorman,

    Baird & Warner Res. Sales Inc. 708-460-1400

    Bought with:

    William Kornblum, RB16000214

    Realty Executives Premier

    Source: NIRA as distributed by MLS GRID,MLS#: 826503MLS Logo

    Facts & features

    Interior

    Heating
    • Baseboard
    Appliances
    • Included: Dryer, Washer, Refrigerator, Gas Water Heater, Electric Range
    • Laundry: Laundry Room
    Features
    • Open Floorplan, Stone Counters
    • Basement: Other
    • Has fireplace: No
    Interior area
    • Finished area above ground: 3,950

    Property

    Parking
    • Total spaces: 4
    • Parking features: Asphalt, Paved
    Features
    • Levels: Quad-Level
    • Exterior features: Lighting
    • Pool features: None
    Lot
    • Size: 7,710 sqft
    • Features: Cul-De-Sac, Paved, Landscaped
    Details
    • Parcel number: 450726331007000006
    • Special conditions: Agent Owned

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Connected, Water Connected, Electricity Connected

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
    Location
    • Region: Griffith
    • Subdivision: Brinwood Add

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,VA Loan,Other,FHA,Conventional

    Price history

    DateEventPrice
    9/30/2025Sold$538,000-2%
    Source: NIRA as distributed by MLS GRID #826503 Report a problem
    8/29/2025Pending sale$549,000
    Source: NIRA as distributed by MLS GRID #826503 Report a problem
    8/25/2025Listed for sale$549,000+29.2%
    Source: NIRA as distributed by MLS GRID #826503 Report a problem
    8/17/2022Listing removed--
    Source: NIRA as distributed by MLS GRID #511924 Report a problem
    5/5/2022Listed for sale$425,000+102.4%
    Source: NIRA as distributed by MLS GRID #511924 Report a problem
    1/22/2007Sold$210,000
    Source: NIRA as distributed by MLS GRID #174502 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 46319

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $556,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $556,800