SoldMay 7, 2026

Listed by Cheryl Trietsch from Century 21 Scheetz

Bought with Teresa Ashmore from T&H Realty Services, Inc.

Source: MIBOR Service Corporation #22089772

1887 S 700 E, Elwood, IN, 46036

$213,967

49528 sq. ft.

Duplex

10 days on the market

Sold: May 7, 2026

What's around 1887 S 700 E

About this property

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.

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