Acreage Homes for Sale in Griffith, IN

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Welcome to your dedicated resource for acreage homes for sale in Griffith, IN. This page is your live portal for listings that match the exact homes for sale you demand, filtering out irrelevant properties to save you time. As a local Griffith, IN agent, Kimberly Sut Group specializes in the unique market dynamics of this area, offering insights into amenities, home values, and investment potential. Start exploring the acreage properties currently available below, or contact a local agent to discuss the details that matters most to your search.

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All Acreage Homes for Sale in Griffith, IN

$419,900

5 Beds ⋅ 4 Baths ⋅ 842025 MLS ⋅ Charles Vanderstelt

Investor opportunity: Why buy one rental property when you can own two fully remodeled homes on a single parcel? Located on more than one acre in Griffith's New Elliott area within the highly regarded Lake Central School District, this unique property offers two separate residential structures and multiple paths to generating income. The primary home features 3 bedrooms, 2 bathrooms, and nearly 1,100 finished square feet. Notable features include a split-bedroom floor plan, primary suite with ensuite bathroom, finished laundry room, and an open-concept living room and kitchen designed for modern living. The accessory dwelling unit adds over 800 finished square feet and creates exceptional flexibility. The second home includes a spacious living room, finished laundry area, and two bedrooms, each with its own ensuite bathroom. Whether used for long-term tenants, multi-generational housing, guest accommodations, employee housing, or owner-occupant house hacking, the possibilities are substantial. Unlike many investment opportunities, both homes have already been remodeled, reducing the need for immediate capital improvements and allowing a new owner to focus on occupancy and cash flow. The property also includes a large 2-car garage and over one acre of land--an increasingly rare combination in Northwest Indiana. Conveniently located just one mile from US-30, the property provides easy access to Schererville, Dyer, Highland, and major employment centers throughout the region. Downtown Chicago is approximately 45 minutes away. All appliances stay. Two homes. One parcel. Over an acre of land. Whether you're looking to expand your portfolio, create multiple income streams, or secure a property with built-in flexibility, opportunities like this rarely reach the market.

1735 S Fairbanks Street, Griffith

Listing courtesy of Charles Vanderstelt from Listing Leaders.

$419,900

5 Beds ⋅ 4 Baths ⋅ 842022 MLS ⋅ 1,880 SqFt. ⋅ Charles Vanderstelt

Why buy one fully remodeled home when you can own two? Opportunities like this are exceptionally rare. Situated on over one acre in Griffith's desirable New Elliott area, this unique property features two separate homes on a single parcel, creating possibilities that are difficult to find anywhere in Northwest Indiana. The primary home offers nearly 1,100 finished square feet with 3 bedrooms and 2 bathrooms. A desirable split-bedroom floor plan provides added privacy, while the primary suite includes its own ensuite bathroom. The open-concept living room and kitchen create a bright, inviting space ideal for everyday living and entertaining. A finished laundry room adds convenience and functionality. The second home delivers over 800 finished square feet of additional living space. Inside, you'll find a spacious living room, finished laundry area, and two bedrooms, each featuring its own ensuite bathroom. Whether you're accommodating guests, establishing a work-from-home retreat, looking to generate rental revenue, or exploring other lifestyle possibilities, the flexibility of this second home is a standout feature. Outside, the benefits continue with a large 2-car garage and more than an acre of land, providing room for outdoor entertaining, gardening, recreation, hobbies, or simply enjoying a little more space from neighboring properties. Location matters, and this property delivers. Situated within the highly regarded Lake Central School District in St. John Township, you'll enjoy convenient access to US-30, making travel throughout Northwest Indiana simple. Schererville, Dyer, Highland, shopping, restaurants, and everyday amenities are all just minutes away, while downtown Chicago is approximately 45 minutes from home. Even better, all appliances stay. Fully remodeled, move-in ready, and offering two homes on one property, this is the kind of opportunity that doesn't come along often.

1735 S Fairbanks Street, Griffith

Listing courtesy of Charles Vanderstelt from Listing Leaders.

$275,000

5 Beds ⋅ 3 Baths ⋅ 839851 MLS ⋅ Olga Vega

Amazing opportunity for a savvy investor. 3 small homes on a one-acre lot in the unincorporated Griffith/Schererville area - Lake Central Schools. At its current price and condition, you are looking at a Cap Rate of 0.15!! The units need some TLC, but the rent rates are very good. Where else can you get units for less than 100k each in the Lake Central School District? Rural feeling lot, yet close to so many conveniences (minutes to Rte. 30). Keep these units as a great investment, live in one, and rent the other two, or build your dream home and keep an in-law unit, or perhaps use it as an AirBnB, Plenty of possibilities for the creative mind! Front and middle units are Go and Show. 3rd unit can be scheduled after viewing the other 2 units. Please do not disturb back tenant. Seller is motivated.

1910 S Calhoun Street, Griffith

Listing courtesy of Olga Vega from Legacy Realty Group LLC.

$200,000

835288 MLS ⋅ Michael Hutchins

Nearly 7 acres undeveloped vacant lot located in Lake Central Schools! This scenic lot is ideal for building your dream home. It presents a great investment opportunity to subdivide and build multiple homes. There is ample space to add a barn for horses and other animals to graze. The opportunities and potential uses are endless.

1716 S Broad Street, Griffith

Listing courtesy of Michael Hutchins from Listing Leaders.

$999,970

813963 MLS ⋅ 5,564 SqFt. ⋅ Wendy Embry

Rare Opportunity - Fully Renovated Restaurant with Event-Ready Patio This property offers a unique chance to own a turnkey restaurant and event venue in a prime location. The current owners gutted the building to the studs and invested heavily in upgrades: new plumbing, electric, bathrooms, flooring, windows, doors, and all four HVAC units with ductwork. SMART siding carries a 20+ year warranty, and the roof is approximately 12 years old. Standout Feature - 2,000 SF Outdoor Patio Surrounded by lush greenery and woods Rock area for bags, games, or overflow seating Gas fire pits create year-round atmosphere Perfect for weddings, private parties, and live music events Key Equipment & Infrastructure (included, open to negotiation): 20 beer lines Two walk-in coolers Walk-in freezer Commercial hood system Full Ansul fire suppression system Flexible Layout for Multiple Revenue Streams Inside, the property includes a private party room ideal for events, while the stage setup supports live music and entertainment. The venue has already proven itself as a successful site for weddings, private rentals, and full-property events -- with the patio rented out while the main dining room remains open to the public. Whether you're bringing your current concept or launching a new venture, this property is designed to generate revenue from both daily dining and high-margin private events. Schedule your private showing today -- this opportunity won't last.

840 S Broad Street, Griffith

Listing courtesy of Wendy Embry from McColly Real Estate.

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IDX information is provided by the Indiana Regional MLS and is exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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