1887 S 700 E, Elwood, IN 46036
- $213,967
- Sold Price
- $213,967
- List Price
- $239,900
- Closing Date
- May 07, 2026
- MLS#
- 22089772
- Days on Market
- 45
- Status
- SOLD
Property Description
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.
Additional Information
- Expenses
- 3016
- Tenant Pays
- Cable TV, Electricity
- Owner Pays
- Electricity, Insurance, Lawncare, Taxes, Trash Collection
- Foundation
- Block
- Stories
- One
- Architecture
- Ranch
- Equipment
- Smoke Alarm
- Exterior Amenities
- Storage Shed
- Acres
- 1.14
- Heat
- Baseboard
- Cooling
- None
- Financing
- Conventional
- Region
- Madison
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Listing courtesy of CENTURY 21 Scheetz. Selling Office: T&H Realty Services, Inc..
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative