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Duplex with Adjacent Buildable Lot
For Sale
$319,900

132-136 S Elgin Street, Griffith, IN 46319

MULTI_FAMILY - Griffith, IN

Property SizeContact for details
Lot Size0.22 Acres
Days on Market24

Property Features for 132-136 S Elgin Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1
Parking features On Street, Driveway
Pets allowed Yes
Interior features Ceiling Fan(s), Eat-in Kitchen
Exterior features Fire Pit, Storage
Basement Crawl Space
Appliances Gas Range, Refrigerator
Lot features Back Yard, Front Yard
Directions Cline exit south to west on Main St. to South on Elgin Ave
Standard status Active
APN 451103201016000006
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description E. 155FT. OF S. 75FT. OF N. 616FT OF W. 310FT. OF NW. NE. E. 30FT. IN ST. S.3 T. 35 R.9 .215A.
Tax Annual Amount 4662
Legal Description E. 155FT. OF S. 75FT. OF N. 616FT OF W. 310FT. OF NW. NE. E. 30FT. IN ST. S.3 T. 35 R.9 .215A.

Utilities

Sewer type Septic Tank
Heating system Central, Forced Air, Natural Gas
Water source Public

Building Details

Year built 1963
Floors in Building 1
Additional Structures Storage
Listing Agency: Better Homes and Gardens Real · Better Homes and Gardens Real Estate
Listed By: Tonia Dragon · License #RB14048599
Added: Jul 20 Changed: Aug 4 Last Checked: Aug 12 at 6:06PM
MLS# 842598

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.

Investment Insights

Based on property information with market context.

This updated brick duplex at 132-136 S Elgin Street features two separate units, with one unit tenant-occupied and the second unit ready for a new tenant or for owner-occupant use. The home is supported by interior finishes including ceiling fans and an eat-in kitchen, and it includes appliances such as a gas range and refrigerator. Heating is provided by central forced air with natural gas, and the property is served by public water and a septic tank.

The property sits on a 0.215-acre lot and offers practical exterior features including storage and a fire pit. Parking is available with a driveway and on-street spaces. The sale also includes an adjacent buildable lot, creating additional options for future development, expansion, or added investment.

Built in 1963, the duplex includes room listings for four bedrooms and one bathroom within the available floor plan information.

Key Highlights

  • 0.215‑acre lot with an adjacent buildable lot included
  • Built in 1963 brick duplex with two units
  • One unit tenant‑occupied; second unit ready for a new tenant or owner‑occupant

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom Real Estate Agency Law Firm Daycare Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50%
Occupancy

Location Intelligence

Trade Area within ½ mile

116
Businesses Nearby

Demographics for 46319, IN

18,108
Population
7,904
Households
2.3
Avg Household Size
38
Median Age
26%
College-Educated
96%
High-School Grad
9.6 sq mi
ZIP Area
1,886
Density / Sq Mi
$75,976
Median Household Income
$42,239
Median Earnings
$1,162
Median Rent
$194,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Updated duplex with one tenant-occupied unit, a second unit ready for occupancy, and included adjacent buildable lot.
Where is this duplex located?
The property is located at 132-136 S Elgin Street Griffith, IN.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 0.215‑acre lot with an adjacent buildable lot included; Built in 1963 brick duplex with two units; One unit tenant‑occupied; second unit ready for a new tenant or owner‑occupant
More about this property
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