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.
Listed By
Agency Name: Century 21 Scheetz - Carmel
Agency Contact: Cell: 317-339-7402
Agent Name: Cheryl Trietsch
Shown By
Agent Name: Rita Beaty
Agent Phone: (219) 575-2534
Agency Title: Coldwell Banker 1st Choice
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Coldwell Banker 1st Choice Rita Beaty (219) 575-2534
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1887 S 700 E Street, Unit 1-2-3, Elwood, IN 46036.
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1887 S 700 E Street, Unit 1-2-3, Elwood, IN 46036.
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1887 S 700 E Street, Unit 1-2-3 | MLS# 202609620
This multi-family property located at 1887 S 700 E Street, Unit 1-2-3, Elwood, IN 46036 is currently listed for sale with an asking price of $239,900. S 700 E Street, Unit 1-2-3 is located within the Tipton Community School Corp. school district. Search Elwood real estate on rbeaty.coldwellbanker1stchoice.com today.