$150,000

1225 S 25th Street, Elwood, IN 46036

  • Property Icon Triplex
  • Property Year Built Icon Built in 1899
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

Investor Special! Opportunity awaits with this 3-unit multifamily property in Elwood offering approximately 3,664 square feet of living space. Currently, 2 of the 3 units are occupied, providing immediate rental income potential while the remaining unit is renovated or repositioned. This property is in need of repairs and updates and is being sold AS-IS. Whether you're looking to expand your rental portfolio, pursue a value-add investment, or restore a multifamily property to its full potential, this triplex offers plenty of upside. Don't miss this opportunity to add a multifamily investment to your portfolio.

Listing Status:
Active
Data Last Updated:
July 6, 2026 at 3:20PM
Listing Office:
RE/MAX Real Estate Solutions : 765-640-1900
Listing Agent:
Cameron Smith : 765-640-1900
MLS ID:
22100629
  • General: Fire Pit
  • Parking: Detached
  • Roofing: Asphalt
  • General: One and One Half
  • Road/Access: Asphalt
  • Originating MLS: mibor
  • School District: Elwood Community School Corp
  • County: Madison
  • Zoning: Kidwells 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:480415403012000027
  • Current Use: Residential
  • Source: mibor

This listing courtesy of Cameron Smith , RE/MAX Real Estate Solutions

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location