$449,900

1735 S Fairbanks Street, Griffith, IN 46319

  • 5 beds |
  • 3 baths
  • Property Icon Duplex
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon1.08acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

RARE 2-UNIT OPPORTUNITY IN LAKE CENTRAL SCHOOL DISTRICT! This unique property features two separate homes on one lot, offering flexible living and potential income opportunities. The primary home, approx. 1,200 SF, offers 3 bedrooms and 2 full baths, while the second home, approx. 800 SF, includes 2 bedrooms and 2 full baths: both fully updated from top to bottom. Brand new kitchens with quartz countertops, stainless steel appliances, fully remodeled bathrooms, updated flooring, lighting, and fixtures throughout, major mechanicals under 2 years old, brand new well systems. Situated on over 1 acre, this property also includes a detached 2-car garage and offers privacy rarely found in this area. Potential Investment Highlights: Two separate living spaces; Opportunity for rental income or multi-generational living; No known immediate renovation needs; Flexible use: owner-occupy and rent, or full rental. Estimated rental potential based on market data may be approximately 4,000 per month; buyers to verify all income and expenses. Opportunities like this: updated properties with multiple living spaces on acreage; are limited in this area & don't hit the market often, so schedule your showing today!

Listing Status:
Active
Data Last Updated:
April 3, 2026 at 6:20AM
Listing Office:
Real Broker, LLC : (317) 794-2827
Listing Agent:
Jennifer Walker :
MLS ID:
835951
  • General: Ceiling Fan(s)Stone Counters
  • Appliances: DryerWater Softener OwnedWasherStainless Steel Appliance(s)RefrigeratorMicrowaveGas Water HeaterGas Range
  • Laundry: Gas Dryer HookupWasher HookupMain Level
  • Basement: Crawl Space
  • Heating: Forced AirNatural Gas
  • General: Fire Pit
  • Other Structures: Patio
  • Parking: Additional ParkingDetachedDriveway
  • Windows: Blinds
  • General: One
  • Originating MLS: nira
  • School District: Lake Central
  • County: Lake
  • Zoning: PT. OF SE.1/4 SE.1/4 S.11 T.35 R.9 1.075AC451111476039000032
  • View: Neighborhood
  • Water: Well
  • Sewer: Septic Tank
  • Source: nira

This listing courtesy of Jennifer Walker , Real Broker, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Peifer Elementary School

1824 Cline Ave, Schererville, IN, 46375

Grades KG-4

0.88 miles away

M

Michael Grimmer Middle School

225 W 77th Ave, Schererville, IN, 46375

Grades 5-8

2.43 miles away

L

Lake Central High School

8400 Wicker Ave, Saint John, IN, 46373

Grades 9-12

3.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.