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Listed by Cheryl Trietsch • CENTURY 21 Scheetz
$239,900
Est. payment /mo
1.14 Acres Lot
Pending
1887 S 700 E Elwood, IN 46036
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22089772
Year Built 1973
Tax Year 2024
Lot Size 1.140 Acres
Acres 1.14
Property Sub-Type Triplex
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.
Location
State IN
County Tipton
Interior
Heating Baseboard
Cooling None
Equipment Smoke Alarm
Fireplace N
Exterior
Exterior Feature Storage Shed
Roof Type Asphalt
Building
Story One
Foundation Block
Architectural Style Ranch
Structure Type Brick
New Construction false
Schools
School District Tipton Community School Corp
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