132-136 S Elgin Ave, Griffith, IN, 46319
About This Home
Investor-ready duplex with immediate cash flow and upside potential! This updated duplex is currently fully occupied with two tenants, generating strong monthly rental income. One unit rents for 1,387/month and the second for 1,295/month. Both units feature updated interiors with durable luxury vinyl plank flooring, offering a modern look with low maintenance--ideal for long-term investment performance. A major bonus: the sale includes an adjacent lot, creating added value and future potential. Whether you're looking to expand, hold for appreciation, or add flexibility to your portfolio, this extra parcel sets the property apart. A solid opportunity for investors seeking immediate income, updates already in place, and additional land value--all in one purchase.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1963
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Appliances
- Appliances included: Range,Refrigerator
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Other
- Finished area above ground: 1,620
Heating
- Heating features: Forced Air,Natural Gas
Property
Details
- Parcel number: 451103201016000006
- Special condition: None
Features
- Levels: One
Lot
- Lot size: 9,365 sqft
- Features: Back Yard,Front Yard
Parking
- Total spaces: 2
- Parking features: Detached,Off Street
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Tornado
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,617 | $19,404 |
| Home Insurance * | $178 | $2,136 |
| Property Taxes | $247 | $2,964 |
| Electricity | $184 | $2,212 |
| Total | $2,226 | $26,712 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-14 | Listed for sale | $319,900 |
| 2023-10-10 | Sold | $285,000 |
| 2023-08-25 | Listed for sale | $295,000 |
| 2023-08-04 | Contingent | $295,000 |
| 2023-07-19 | Listed for sale | $295,000 |
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