Elwood IN Multi Family for Sale

Sort Results:
1–8 of 8 properties displayed
Refine Property Search
Page 1 of 1    Prev | Next
Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1961
Baths:
MLS#:
22011938
Subdivision:
Bartons

ADDITIONAL INFORMATION

Discover this charming brick duplex, perfectly designed for comfortable living and investment potential. Each of the two spacious units offers approximately 1,337 square feet of well-planned living space, making them ideal for both owner-occupants and tenants. Each unit includes large sized rooms, providing ample space for relaxation and entertainment. With plenty of closet space, including walk-in closets in the master bedrooms, storage will never be a concern. Both units feature convenient utility/laundry rooms to make household chores a breeze. Each unit comes equipped with a stove and refrigerator, ready for immediate move-in. Unit 2 is enhanced with a cozy wood-burning fireplace, perfect for those chilly evenings, while Unit 1 features a large entertainment center for your media needs. Enjoy the benefits of 200-amp service in both units. Tenants are responsible for the utilities. Additional storage or parking is provided by the detached garage, adding to the property's versatility. Situated within walking distance of the vibrant downtown area and local churches, this property offers convenience and accessibility to community amenities. Ideal for an owner looking to occupy one unit and rent out the other, or for investors seeking to capitalize on rental income from both units. This duplex combines the charm of brick construction with modern amenities and a desirable location, offering an exceptional opportunity for both living and investment. Don't miss the chance to make this versatile property your own!

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1930
Baths:
MLS#:
22011653
Subdivision:
J M Dehority

ADDITIONAL INFORMATION

Turn Key Investment property. This Triplex was purchased in 2022 and has been totally renovated. It has been rented out ever since. New Metal roof, vinyl siding, plumbing, and electrical. Each unit has new furnace and A/C, Vinyl plank flooring, updated kitchen and bathrooms. House has separate meters for utilities. So, tenants pay for all utilities including water, sewer. High income and low maintenance. This property could be purchased in a package of 4 buildings with 11 units.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1890
Baths:
MLS#:
22011652
Subdivision:
Bartons

ADDITIONAL INFORMATION

Turn Key Investment property. This duplex was purchased in 2020 and has been totally renovated. It has been rented out ever since. New Metal roof, vinyl siding, plumbing, and electrical. Each unit has new furnace and A/C, Vinyl plank flooring, updated kitchen and bathrooms. House has separate meters for utilities. So, tenants pay for all utilities including water,sewer. High income and low maintenance. This property could be purchased in a package of 4 buildings with 11 units.

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1896
Baths:
MLS#:
22011602
Subdivision:
Lynnwood

ADDITIONAL INFORMATION

Turn Key Investment property. This 4 unit quadplex was purchased in 2021 and has been totally renovated. It has been rented out ever since. New Metal roof, vinyl siding, plumbing, and electrical. Each unit has new furnace and A/C, Vinyl plank flooring, updated kitchen and bathrooms. House has separate meters for utilities. So, tenants pay for all utilities including water,sewer. High income and low maintenance. This property could be purchased in a package of 4 buildings with 11 units.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1908
Baths:
MLS#:
22011439
Subdivision:
Isenhours

ADDITIONAL INFORMATION

Turn Key Investment property. This duplex was purchased in 2019 and has been totally renovated. It has been rented out ever since. New vinyl siding, plumbing, and electrical. Each unit has new furnace, A/C, and updated kitchen and bathrooms. House has separate meters for utilities. So, tenants pay for all utilities including water,sewer. High income and low maintenance. This property could be purchased in a package of 4 buildings with 11 units.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.16 Acres
Year built:
1890
Baths:
3.00
MLS#:
202436510

ADDITIONAL INFORMATION

Add this triplex to your portfolio today! Unit 1614 is being rented as a 2 bedroom unit with a long term renter for $600 rent, $575 deposit, and lease ends 2-29-25. Unit 1614.5 is a 1 bedroom unit, currently vacant. Unit 1616 is also being rented as a 3 bedroom unit at $600 rent, $800 deposit, and lease ends 11-30-24. Seller pays W/T/S and tenants pay electric & gas. It has street parking and more parking in the rear off the alley. It also features a back patio and covered front porch. Donâ??t miss out on this great investment opportunity!

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1894
Baths:
MLS#:
21999444
Subdivision:
No Subdivision

ADDITIONAL INFORMATION

Four-plex close to downtown. Newer roof and windows. Corner lot with large back yard. Wrap around porch. Good income. Furnace and water heater in basement. Basement has outside entrance. Unit two has its own washer and dryer hookup.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1895
Baths:
MLS#:
21999347
Subdivision:
J M Dehority

ADDITIONAL INFORMATION

Triplex rental with good income. Always occupied by paying tenants. Central location for shopping. Two of the tenants have been there for years. Corner lot.

Refine Property Search
Page 1 of 1    Prev | Next
1–8 of 8 properties displayed

Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.


Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


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. IDX information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS. All rights reserved.



Elwood Real Estate

The median home value in Elwood, IN is $163,700. This is higher than the county median home value of $157,300. The national median home value is $338,100. The average price of homes sold in Elwood, IN is $163,700. Approximately 54.67% of Elwood homes are owned, compared to 29.61% rented, while 15.72% are vacant. Elwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elwood real estate agent to arrange a tour today!

Elwood, Indiana has a population of 8,295. Elwood is less family-centric than the surrounding county with 20.63% of the households containing married families with children. The county average for households married with children is 25.19%.

The median household income in Elwood, Indiana is $46,709. The median household income for the surrounding county is $54,491 compared to the national median of $69,021. The median age of people living in Elwood is 40.6 years.

Elwood Weather

The average high temperature in July is 84.1 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 41.4 inches per year, with 20.6 inches of snow per year.

Elwood Real Estate Market Conditions

  • Median sales price

    $163,700
    18.4% change since last quarter
  • # Active listings

    36
    30-day change

Elwood Schools and Demographics

Education near Elwood, IN

Metric City County
High School Graduates 91.73 89.76
College Degree - 2 year 9.49 9.34
College Degree - 4 year 9.05 19.02
Graduate Degree 1.76 5.38
Expenditures per Student 12,987 12,987
Students per Teacher 16.1 16.1

Elementary Schools near Elwood, IN

School Grades Students P/T Ratio ZIP
Alexandria-Monroe Elementary School PK - 03 345 21.6 46001
Alexandria-Monroe Intermediate School 03 - 06 450 19.6 46001
Elwood Elementary School PK - 02 462 19.7 46036
Elwood Intermediate School 03 - 06 439 15.1 46036
Frankton Elementary School PK - 06 860 29.7 46044
Park Elementary School KG - 06 373 17.8 46928
Summitville School PK - 06 308 16.9 46070

Middle Schools near Elwood, IN

School Grades Students P/T Ratio ZIP
Madison-Grant Junior High School 07 - 08 205 11.4 46928

High Schools near Elwood, IN

School Grades Students P/T Ratio ZIP
Alexandria-Monroe High School 07 - 12 787 19.2 46001
Elwood Junior-Senior High School 07 - 12 658 16.4 46036
Frankton Junior/Senior High School 07 - 12 674 18.6 46044
Madison-Grant High School 09 - 12 416 14.3 46928

Ungraded Schools near Elwood, IN

School Grades Students P/T Ratio ZIP
John H Hinds Career Center PK - 12 0 46036

Demographics near Elwood, IN

Metric City County
Neighborhood Type Suburban
Population 8,295 130,037
Population Density 2,231 288
Median Age 40.6 40.7
People per Household 2.5 2.4
Median Household Income 46,709 54,491
Average Income per Capita 23,903 27,778