1887 S 700 E, Elwood, IN 46036

Elwood
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1887 S 700 E,Elwood, IN 46036
$239,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: cheryl trietsch
Office: century 21 scheetz
MLS#:22089772
Source:IN_MIBOR

Price summary

  • Price:$239,900

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 #:22089772
  • Added:6 day(s) ago
  • Updated:March 30, 2026 at 02:38 PM

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Asphalt
  • Year built:1973
  • Lot area:1.14 Acres
  • Architectural Style:Ranch
  • Construction Materials:Brick
  • Exterior Features:Storage Shed
  • Foundation Description:Block

Utilities

  • Water:Private Well
  • Sewer:Septic System

Finances and disclosures

  • Price:$239,900

Features and amenities

  • Appliances:Smoke Alarm
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