1887 S 700 E Street #1-2-3, Elwood, IN 46036

Local realty services provided by:ERA First Advantage Realty, Inc.
1887 S 700 E Street #1-2-3,Elwood, IN 46036
$239,900
  • 6 Beds
  • 3 Baths
  • 2,508 sq. ft.
  • Multi-family
  • Active
Listed by: cheryl trietschCell: 317-339-7402
Office: century 21 scheetz - carmel
MLS#:202609620
Source:Indiana Regional MLS

Price summary

  • Price:$239,900
  • Price per sq. ft.:$95.65

About this home

Great investment opportunity. This brick triplex sits on over an acre of land possibly leaving space to expand on the income potential. All 3 units are currently rented with 2 of the units being on month to month leases and the third expires in October 2026. Apartment 3 was gutted and redone in 2025 so it is all new from the studs out including electrical, plumbing, windows, doors and all new appliances. Plenty of off street parking, laundry connections in each unit, tenants pay electric and any cable/internet connections they want. Seller pays taxes, insurance, trash, landscaping/mowing, snow removal and electric for well pump. Property is on well and septic.

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Home facts

  • Year built:1973
  • Listing ID #:202609620
  • Added:3 day(s) ago
  • Updated:March 27, 2026 at 02:59 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Laminate
  • Kitchen Description:Eat-In Kitchen
  • Basement Description:Crawl
  • Living area:2,508 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Asphalt
  • Year built:1973
  • Building area:2,508 sq. ft.
  • Lot area:1.14 Acres
  • Lot Features:Level
  • Architectural Style:One Story, Ranch
  • Construction Materials:Brick
  • Levels:1 Story

Schools

  • High school:Tipton
  • Middle school:Tipton
  • Elementary school:Tipton

Utilities

  • Water:Private, Well
  • Sewer:Private, Septic

Finances and disclosures

  • Price:$239,900
  • Price per sq. ft.:$95.65
  • Tax amount:$1,384

Features and amenities

  • Amenities:Ceiling Fan, Countertops-Laminate, Detector-Smoke, Water Heater Electric, Water Softener-Owned

Parking

  • Parking description:Gravel Driveway, Gravel Parking
  • Garage spaces:1
IRMLS information is provided exclusively for 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.