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1001 S B Street, 
Elwood, IN 46036

$72,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Pending

Listed by

Lillian Snodgrass

, 

Tina Floyd-Snodgrass

Homeward Bound Realty LLC.

317-748-5041

Last updated:

January 22, 2026, 07:53 PM

MLS#

22077497

Source:

IN MIBOR

About This Home

1001 S B Street

Investment opportunity in Elwood, IN! This story-and-a-half duplex offers two separate units, each featuring 2 bedrooms, 1 full bath, and main-level laundry. The property is a solid candidate for an investor or owner-occupant looking to add value. The home does need to be trashed out and cleaned before re-renting, but much of the potential is already in place. You can renovate and rent both units, or live in one side while renting the other to offset your mortgage. Exterior features include vinyl siding and mostly vinyl replacement windows. Some remodeling has already been started, particularly in the right-side unit, which includes new kitchen cabinets, a new tub, toilet, vanity, and a new back door. The property is being sold as-is, making it a great opportunity for buyers ready to finish improvements and build equity or rental income.

Home Facts

Multi-Family

Built in 1940

Price Summary

72,000

MLS #:

22077497

Last Updated:

January 22, 2026, 07:53 PM

Added:

a month ago

Structure

Structure

Year Built:

1940

Lot

Lot Size (Sq. Ft):

6,969

Finances & Disclosures

Finances

Price:

$72,000

Source:IN MIBOR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.