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Three-Bedroom Duplex Home

827 N Wiggs Street Griffith, IN 46319

827 N Wiggs Street, Griffith, IN, 46319
$259,900
For Sale
$259,900

SINGLE_FAMILY - Griffith, IN

Property Size1,536 SF
Lot Size0.13 Acres
Price / SF$169.21
Days on Market39

Property Features for 827 N Wiggs Street

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Rooms
Laundry Room, Dining Room, Den, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
Parking features
Driveway
Patio and Porch features
Deck, Porch
Interior features
Ceiling Fan(s), Vaulted Ceiling(s), Granite Counters, Eat-in Kitchen
Exterior features
Private Yard
Fencing
Fenced
Appliances
Dryer, Washer, Refrigerator, Microwave, Gas Range, Dishwasher, Disposal
Standard status
Active
APN
450734226008000006
Size
1,536 SF
Lot size
0.13 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
OMAN'S ADD. LT 4 EXC. S.40FT.
Tax Annual Amount
2347

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public

Building Details

Year built
1984
Listing Agency Century 21 Circle
10660 Randolph St, CROWN POINT, IN
Listed by Michael Cacovski · License #RB14050465
Added: Jun 11 Checked: Jul 19 at 1:06 am
MLS# 840509 Listing URL

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 three-bedroom, 1.5-bath duplex offers three levels of finished living space. The main level features a spacious living room with vaulted ceilings and an eat-in kitchen setup, including granite countertops, updated flooring, and appliances that are staying. Upstairs includes the primary bedroom, bedroom 2, and a full bath with renovated finishes and tiling.

The lower level provides an additional living room/den, a half bath, bedroom 3, and a utility and laundry room with washer, dryer, and mechanical storage. Outside, the backyard is fully fenced.

Recent improvements include a furnace and A/C replacement in 2024.

Key Highlights

  • 3‑bedroom, 1.5‑bath duplex at 827 N Wiggs St with 3 levels
  • Vaulted ceilings and a spacious living room for everyday living and entertaining
  • Kitchen with granite countertops and appliances included

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $23.0k $15.00
− Vacancy −$1.2k −$0.80
EGI $21.8k $14.20
− OpEx −$6.5k −$4.26
NOI $15.3k $9.94
1,536 SF · lease $15.00/SF/yr · vacancy 5.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$218.1K
$190.9K – $254.5K (±1% cap)
NOI $15,270 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$194.1K
$169.9K – $226.5K (±1% cap)
NOI $13,589 @ 7.0% cap · market cap 5.23%
Theoretical Best
Specialty Retail
$428.8K
$375.2K – $500.3K (±1% cap)
NOI $30,015 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Building Supply Electrical Service Kitchen & Bath Showroom Skin Care Clinic Big Box & Wholesale Store Computer & Electronic Repair Auto Parts Store (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Three-bedroom, 1.5-bath duplex with three levels, fenced backyard, and updated kitchen appliances.
Where is this duplex located?
The property is located at 827 N Wiggs Street Griffith, IN.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 3‑bedroom, 1.5‑bath duplex at 827 N Wiggs St with 3 levels; Vaulted ceilings and a spacious living room for everyday living and entertaining; Kitchen with granite countertops and appliances included
Contact an agent
More about this property
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