🏡 937 N Wood Street, Griffith, IN 46319
4 Beds | 2 Baths | ~1,976 Sq Ft (2,096 Sq Ft After Renovation) | Built 1959
✅ Property Overview
This is NOT an assignment — we own the property.
Solid single-family home located in a desirable Griffith neighborhood with strong resale comps and rental demand. The property features a finished basement and a detached 2-car garage, offering significant upside with the right renovation plan.
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4 Bedrooms
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2 Bathrooms
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Detached 2-Car Garage
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Finished Basement
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0.171 Acre Lot
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Vacant
📊 Investment Highlights
🔨 Value-Add Opportunity
Our projected ARV of $325,000 is based on:
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Converting to a true 4 bed / 2 full bath layout
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Finishing and optimizing basement space
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Updating interiors to modern retail standards
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Bringing total usable square footage to approximately 2,096 sq ft
This footprint competes directly with recently renovated homes in the area.
💰 Rental & Financial Snapshot
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Estimated Rent (Rentometer): $1,750 – $2,650/month
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Yearly Taxes: $5,089
Strong potential for either a flip or long-term hold strategy in a stable Northwest Indiana market.
📈 Recent Sold Comps
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749 N Wheeler St – 4/2 | 2,260 sq ft | Sold for $324,000 (10/07/2025)
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907 W Pine Pl – 3/2 | 1,680 sq ft | Sold for $315,000 (12/19/2025)
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517 N Wheeler St – 4/2 | 2,136 sq ft | Sold for $302,500 (09/05/2025)
These sales support the $325K ARV when fully renovated to comparable standards.
🎯 Ideal Buyer
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Fix & Flip Investors
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BRRRR Strategy Investors
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Buy & Hold Investors seeking strong resale ceiling
📞 For details please submit an offer Now!
Reach out for access, scope discussion, or to secure this opportunity.