937 N Wood St, Griffith, IN 46319, USA

🏡 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.

• 4 Bedrooms

• 2 Bathrooms

• Detached 2-Car Garage

• Finished Basement

• 0.171 Acre Lot

• Vacant

📊 Investment Highlights

🔨 Value-Add Opportunity

Our projected ARV of $325,000 is based on:

• Converting to a true 4 bed / 2 full bath layout

• Finishing and optimizing basement space

• Updating interiors to modern retail standards

• 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

• Estimated Rent (Rentometer): $1,750 – $2,650/month

• Yearly Taxes: $5,089

Strong potential for either a flip or long-term hold strategy in a stable Northwest Indiana market.

📈 Recent Sold Comps

• 749 N Wheeler St – 4/2 | 2,260 sq ft | Sold for $324,000 (10/07/2025)

• 907 W Pine Pl – 3/2 | 1,680 sq ft | Sold for $315,000 (12/19/2025)

• 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

• Fix & Flip Investors

• BRRRR Strategy Investors

• Buy & Hold Investors seeking strong resale ceiling

📞 For details please submit an offer Now!
 

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