1887 S 700 E St Unit 1-2-3, Elwood, IN 46036

$213,967
6
BD
3
BA
2,508
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Cheryl Trietsch from Century 21 Scheetz - Carmel. Cell: 317-339-7402

Selling Office: NonMember RACI.

Sold Price
$213,967
List Price
$239,900
Status
CLOSED
MLS#
202609620
Closing Date
May 07, 2026
Style
Ranch
Year Built
1973
Days On Market
Unknown
Bedrooms
6
Bathrooms
3
Living Area
2,508
Township
Madison

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

Acres
1.14
Taxes
$1,969
Lot Features
Level
Water
Private Well, Well
Heating
Baseboard
Cooling
None
Flooring
Laminate
School District
Tipton Community School Corp.
Elementary School
Tipton
Middle School
Tipton
High School
Tipton
Agent Name
Cheryl Trietsch

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.


Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks