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Sold on 02/28/2024

608 N Elmer St, Griffith, IN 46319

  • $413,000

    Last sold 02/28/2024 for $345K

  • 9

    bed

  • 4

    bath

  • 4,770

    Sqft ($72/Sqft)

Multi-family not for sale
Movoto is helping 7 homebuyers near you

About 608 N Elmer St

Property type Multi-family
Neighborhood
Year built 1978
HOA fee $0/month
Lot size 9,148 Sqft
Movoto estimate
Property description
RARELY EVER LISTED GRIFFITH 4 UNIT!!! Very good income property listed at 8.5 cap. The rents are way under market. A lot of room to make this a solid 10 cap-- unheard of in today's market!! Property has been owned for 44 years-- same owner since it has been built! Has been meticulously maintained! Utilities are separately metered except the water. Don't miss out on a great chance to own an income property in the booming NW Indiana market! This one wont last
Listed by
Listing Agent - Farris Gosea
Listing Office - Generic Office
Source: NIRA mls logo
MLS#485077 • last updated 2 years ago
Movoto checked NIRA for data 50 minutes ago
Overview
Heating Forced Air, Natural Gas
Type Residential Income
SubType Quadruplex
SqFt 4770
Status Closed
MLS # 485077
Lot Size (Acres) 0.21
Lot Size (SqFt) 9148
Year Built 1978
Interior
Total # of Bathrooms 4
# of Full Baths 4
# Bedrooms 9
Total # of Rooms 9
Laundry Common Area
Interior Features Elevator
Appliances Dishwasher, Range, Refrigerator
Exterior
Parking Desc Attached
Exterior Features Storage
Lot Dimensions 73x140
Amenities / Utilities
Utilities Electricity Available, Natural Gas Available, Sewer Available
Water Source Public
Location
County Lake
Subdivision Sherwood 6th Add
Directions 45th Street To W Glen Park Avenue. Turn Right On Elmer Street. House Is On The Right
APN 450735251007000000
Multifamily Details
Owner Pays Electricity, Sewer, Water
Gross Scheduled Income 40860
Total Rent 39360
Net Operating Income 30020
Gross Income 1500
$413K
Range: $264K-$561K
Last 30 days 
  • Feb 2024
    mls logo MLS # 485077
  • Feb 28, 2024 Sold
    $345,000 (-6.8%)
  • Dec 24, 2020 Contingent - Si
    —
  • Dec 4, 2020 Listed
    —
  • Nov 24, 2020 Contingent - Si
    —
  • Nov 24, 2020 Price Change
    $370,000 (+2.8%)
  • Nov 19, 2020 Listed
    $360,000
  • Nov 18, 2020 Listed
    $360,000
  • 608 N Elmer St
    $345K
  • Sherwood 6th Add
    —
  • 46319
    $268K +3% y/y
  • Griffith
    $267K +3% y/y
No chart available
Statistics calculated by Movoto

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6/10
Griffith Senior High School
public Grades 6-12
Griffith Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

Around Sherwood 6th Add

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