Griffith, IN 46319,1150 Indiana AVE
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Griffith, IN 46319,1150 Indiana AVE
Griffith, IN 46319,1150 Indiana AVE
Griffith, IN 46319,1150 Indiana AVE
Griffith, IN 46319,1150 Indiana AVE
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Trueblood Real Estate

Trueblood Real Estate

+1(317) 513-1395
$ 549,000
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1150 Indiana AVE Griffith, IN 46319

7,710 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,710 sqft

Price per Sqft $71

Subdivision Brinwood Add

MLS Listing ID 826503

Year Built 1968

Annual Tax Amount $5,057

Tax Year 2023

Lot Size 7,710 Sqft

Acres 0.177

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

Interior

Interior Features Open Floorplan, Stone Counters

Heating Baseboard

Fireplace N

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

Exterior

Exterior Feature Lighting

View Y/N true

View true

Building

Lot Description Cul-De-Sac, Paved, Landscaped

Story Quad-Level

Schools

School District Griffith

Others

Tax ID 450726331007000006

Acceptable Financing NRA20250819204919436137000000

Listing Terms NRA20250819204919436137000000

Pets Allowed No


Listed by Baird & Warner Res. Sales Inc.
agent

Trueblood Real Estate

Brokerage | RB14046098

+1(317) 513-1395

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1150 Indiana AVE