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1735 S Fairbanks Street
Griffith IN 46319 US

$419,900

Active Listing ID 842025
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5 bed
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4.00 Bath (3 Full)
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Lot: 1.08 Acres
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Other

$419,900

Active Listing ID 842025
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1735 S Fairbanks Street Investor opportunity: Why buy one rental property when you can own two fully remodeled homes on a single parcel? Located on more than one acre in Griffith's New Elliott area within the highly regarded Lake Central School District, this unique property offers two separate residential structures and multiple paths to generating income. The primary home features 3 bedrooms, 2 bathrooms, and nearly 1, 100 finished square feet. Notable features include a split-bedroom floor plan, primary suite with ensuite bathroom, finished laundry room, and an open-concept living room and kitchen designed for modern living. The accessory dwelling unit adds over 800 finished square feet and creates exceptional flexibility. The second home includes a spacious living room, finished laundry area, and two bedrooms, each with its own ensuite bathroom. Whether used for long-term tenants, multi-generational housing, guest accommodations, employee housing, or owner-occupant house hacking, the possibilities are substantial. Unlike many investment opportunities, both homes have already been remodeled, reducing the need for immediate capital improvements and allowing a new owner to focus on occupancy and cash flow. The property also includes a large 2-car garage and over one acre of land--an increasingly rare combination in Northwest Indiana. Conveniently located just one mile from US-30, the property provides easy access to Schererville, Dyer, Highland, and major employment centers throughout the region. Downtown Chicago is approximately 45 minutes away. All appliances stay. Two homes. One parcel. Over an acre of land. Whether you're looking to expand your portfolio, create multiple income streams, or secure a property with built-in flexibility, opportunities like this rarely reach the market.

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Property Features

  • Facts
  • Lot Size: 1.08 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 3
  • 3/4 Bathrooms: 1
  • Heating Fuels: Forced Air, Natural Gas, Central

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 419900
  • unparsedaddress: 1735 S Fairbanks Street
  • postalcity: Griffith
  • stateorprovince: IN
  • country: US
  • postalcode: 46319
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 1
  • lotsizeacres: 1.075
  • lotsizeunits: Acres
  • lotsizearea: 1.075
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.494408
  • longitude: -87.417005
  • listagentfullname: Charles Vanderstelt
  • listagentemail: chuck@quadwalls.com
  • listagentkey: 3yd-GNIARIN-14748
  • listagentmlsid: 14748
  • listagentpreferredphone: 2193096098
  • listagentofficephone: 2193096098
  • listofficekey: 3yd-GNIARIN-1690
  • listofficemlsid: 1690
  • disclaimer: Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GNIARIN
  • yearbuilt: 1948
  • listingcontractdate: 2026-07-09
  • countyorparish: Lake
  • parcelnumber: 451111476039000032
  • elementaryschooldistrict: Lake Central
  • middleorjuniorschooldistrict: Lake Central
  • highschooldistrict: Lake Central
  • appliances: Dryer, Water Softener Owned, Washer, Refrigerator, Range, Microwave
  • heating: Forced Air, Natural Gas, Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Driveway
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • interiorfeatures: Ceiling Fan(s)
  • rooms: Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 3
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.41701, 41.494408
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Listing Leaders", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"chuck@quadwalls.com", "ListBrokerageCity":"Valparaiso", "ListBrokerageCountry":"US", "ListBrokerageEmail":"kevinhutnick@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Listing Leaders", "ListBrokeragePhone":"(219) 299-7117", "ListBrokeragePostalCode":"46383", "ListBrokerageStateOrProvince":"IN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"408 E Lincolnway", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"410 Lincolnway ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1690", "ListOfficeCity":"Valparaiso", "ListOfficeCountry":"US", "ListOfficeEmail":"valdowns.isa@gmail.com", "ListOfficePostalCode":"46385", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Griffith, IN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1735-S-Fairbanks-St_Griffith_IN_46319_M31594-40459?f=listhub&s=GNIARIN&m=842025&c=rexren", "MLSModificationTimestamp":"2026-07-09 23:02:16", "Neighborhoods":[], "PostalCode":null, "RoomCount":11, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3555, "TaxDescription":"PT. OF SE.1/4 SE.1/4 S.11 T.35 R.9 1.075AC", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/11/2026 10:31:44 AM GMT
Source Updated Date: 7/12/2026 12:43:58 AM GMT

Courtesy of: Charles Vanderstelt, Listing Leaders, chuck@quadwalls.com

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.