Key facts
- Lot
- 0.13 acres
- Year built
- 1899
- Type
- Residential Income · Triplex
- Stories
- One and one half
- Garage
- 1 space
- MLS #
- 22100629
- County
- Madison
- Subdivision
- Kidwells
About this home
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.
Description provided by the listing brokerage.
Interior
- Condition
Exterior
- Exterior features
- Roof
- Parking and garage
Schools
- Elementary school
- Elwood Elementary School
- School district
- Elwood Community School Corp
Taxes
- Estimated annual tax
- $1,078 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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