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Property view

1887 S 700 E Street #1-2-3, 
Elwood, IN 46036

$213,967


6

Beds


3

Baths


2,508

Sq Ft


Multi-Family

Sold

Listed by

Cheryl Trietsch, Cell: 317-339-7402

Century 21 Scheetz - Carmel

MLS#

202609620

Source:

Indiana Regional MLS

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About This Home

1887 S 700 E Street #1-2-3

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.

Home Facts

Multi-Family

3 Baths

6 Bedrooms

Built in 1973

Price Summary

239,900

$95 per Sq. Ft.

MLS #:

202609620

Sold:

May 7, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,508 Sq. Ft.


Structure

Structure

Architectural Style:

One Story, Ranch

Building Area:

2,508 Sq. Ft.

Year Built:

1973


Lot

Lot Size (Sq. Ft):

49,528


Finances & Disclosures

Finances

Price:

$239,900

Price per Sq. Ft:

$95 per Sq. Ft.

Source:Indiana Regional MLS
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.