$449,900

beds

baths

1,880

square ft

1735 S Fairbanks Street

Griffith, Indiana 46319

Active / MLS #837654 / Multiple Unit (2-4) / Griffith

Listing information updated 4/24/2026 at 6:24pm

RARE 2-UNIT OPPORTUNITY | FULLY RENOVATED | ACREAGE IN LAKE CENTRAL! Turnkey investment opportunity featuring two separate homes on one lot--ideal for immediate rental income, house hacking, or multi-generational living. The primary home (~1,200 SF) offers 3 bedrooms and 2 full baths, while the second home (~800 SF) includes 2 bedrooms and 2 full baths. Both units have been fully remodeled top to bottom, allowing for quick occupancy and minimal upfront improvements. Recent updates include modern kitchens with quartz countertops, stainless steel appliances, remodeled bathrooms, updated flooring, lighting, and fixtures throughout. Major mechanicals are under 2 years old, and both homes feature new well systems and are separately metered--streamlining management and utility responsibility. Situated on over 1 acre, the property also includes a detached 2-car garage and offers privacy rarely found with multi-unit setups. Ideal for investors seeking multiple income streams on one parcel, or owner-occupants looking to offset their mortgage. Strong rental demand in the area supports long-term investment potential. Income and expense estimates available upon request. Buyer to verify all information. Opportunities combining condition, flexibility, and land like this are limited--schedule your showing today.

Full Features

Basement:

Crawl Space

Beds Above Grade:

Cooling System:

Ceiling Fan(s)

Heating System:

Forced Air, Natural Gas

Appliances:

Dryer, Water Softener Owned, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range

Pool:

Age:

78 Years

Parking Type:

Additional Parking,Detached,Driveway

Parking Spaces:

Garage:

Additional Parking,Detached,Driveway

Room Count:

Water Front:

Square Feet:

1,880

Lot Size:

1.075 Acres

Acreage:

1.075

Taxes & Assessments

Tax Amount:

$2,111

Tax Year:

2024

Location

Zip Code:

46319

City:

Griffith

County:

Lake

Schools

School District(s):

Lake Central

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Basement:

Crawl Space

Beds Above Grade:

Cooling System:

Ceiling Fan(s)

Heating System:

Forced Air, Natural Gas

Appliances:

Dryer, Water Softener Owned, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range

Pool:

Age:

78 Years

Parking Type:

Additional Parking,Detached,Driveway

Parking Spaces:

Garage:

Additional Parking,Detached,Driveway

Room Count:

Water Front:

Square Feet:

1,880

Lot Size:

1.075 Acres

Acreage:

1.075

Tax Amount:

$2,111

Tax Year:

2024

Zip Code:

46319

City:

Griffith

County:

Lake

School District(s):

Lake Central

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Real Broker, LLC

Listing Office Phone: 317.794.2827

Disclaimer: The data relating to real estate for sale on this website comes courtesy of NIRA as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 4/24/2026 at 6:24pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.