Key facts
- Lot
- 0.16 acres
- Year built
- 1967
- Type
- Residential Income · Duplex
- Stories
- One
- MLS #
- 22110894
- County
- Madison
- Subdivision
- No Subdivision
About this home
Great investor opportunity in Elwood! This well-maintained, single-story brick duplex features two spacious 2-bedroom units, each with an eat-in kitchen. 2 unit duplex each unit is approximately 980 Sq ft, totaling 1,960 sq. ft. of living space on a 6,800 sq. ft. lot, the property includes rear parking and a convenient storage shed. Both units are currently occupied by long-term tenants, offering immediate cash flow. Low-maintenance exterior with tidy landscaping. Landlord covers water utilities; tenants are responsible for electricity. Perfect addition to any portfolio-schedule your viewing today! Both units have pets already included in their rent.
Description provided by the listing brokerage.
Interior
- Laundry
- Security
Exterior
- Exterior features
- Construction
- Style
- Parking and garage
Systems
- Heating
- Cooling
Lot and HOA
- Lot features
Schools
- School district
- Elwood Community School Corp
Taxes
- Estimated annual tax
- $1,774 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2026
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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