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Griffith, IN Multifamily Home for Sale

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    $175,000

    • 1,442 Sq Ft

    4305 Colfax St, Gary, IN 46408

    Great established investment property. Two 1 bed/ 1 bath homes on a single parcel. Great, extra deep wooded lot with plenty of room for both tenants. More photos to come! Being sold as-is.

    Bill Loy McColly Real Estate

    4305 Colfax St, Gary, IN 46408

Why Live in Griffith

Griffith, Indiana, located about 30 miles south of downtown Chicago, is a dense suburb known for its rich history as a former railroad hub and its vibrant small business culture. The town features a variety of Cape Cod and ranch-style homes, many with basements, remodeled interiors, fenced backyards, long driveways, and detached garages. Griffith is home to several parks and green spaces, including the Erie Lackawanna Trail and the Hoosier Prairie State Nature Preserve, which is popular with hikers. Central Park serves as the main venue for community events such as Oktoberfest, the Broad Street Blues and BBQ Festival, and the Rock ‘N’ Rail Music and Street Festival. The park also offers baseball fields, volleyball courts, and a playground. Griffith Public Schools serve the area and are highly rated. Downtown Griffith boasts local shops and restaurants like Grindhouse Cafe and The Wurst, while larger retail options are available in nearby Schererville, just 2 miles away. Major thoroughfares include Interstate 94, I-65, U.S. Route 41, and U.S. Route 30, providing easy access to Chicago and Chicago O'Hare International Airport, which is 53 miles away. The town also features unique attractions such as a historic army tank and the Griffith Historical Park and Train Museum, which highlights the area's industrial past.

Home Trends in Griffith, IN

Housing Trends

Median Sale Price
$253,000
Median Single Family Sale Price
$256,250
Median Townhouse Sale Price
$275,000
Median 2 Bedroom Sale Price
$114,107
Median 1 Bedroom Sale Price
$131,500
Average Price Per Sq Ft
$159
Number of Homes for Sale
21
Last 12 months Home Sales
195
Months of Supply
1.30
Median List Price
$265,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
1%
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