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Three-Unit Triplex with Occupancy
For Sale
$140,000

1225 S 25th Street, Elwood, IN 46036

MULTI_FAMILY - Elwood, IN

Property Size3,664 SF
Lot Size0.13 Acres
Price / SF$38.21
Days on Market51

Property Features for 1225 S 25th Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Exterior features Fire Pit
Subdivision Kidwells
Elementary school Elwood Elementary School
Elementary school district Elwood Community School Corp
Middle school district Elwood Community School Corp
High school district Elwood Community School Corp
Directions GPS Friendly
Standard status Active
APN 480415403012000027
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Kidwells 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
Legal Description Kidwells 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:

Building Details

Year built 1899
Floors in Building 2
Number of units 3
Roof type Asphalt
Listing Agency: RE/MAX Real Estate Solutions · RE/MAX International
Listed By: Cameron Smith · License #RB25001093
Added: Jun 22 Changed: Aug 6 Last Checked: Aug 11 at 11:06PM
MLS# 22100629

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Elwood triplex contains three units and approximately 3,664 square feet of living space. Two units are occupied, and the property is being sold AS-IS with repairs and updates needed. The building dates to 1899 and has an asphalt roof, while the 0.13-acre parcel also includes a fire pit.

Located at 1225 S 25th Street in Elwood, Indiana, the property provides a three-unit residential income configuration within Madison County. The existing occupancy and unfinished repair needs are central characteristics of the offering.

Key Highlights

  • Three‑unit triplex with approximately 3,664 square feet of living space
  • 2 of 3 units are occupied
  • Property is being sold AS‑IS and needs repairs and updates

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Nail Salon HVAC Service Electrical Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

118
Businesses Nearby

Demographics for 46036, IN

11,247
Population
5,284
Households
2.1
Avg Household Size
44
Median Age
10%
College-Educated
92%
High-School Grad
80.3 sq mi
ZIP Area
140
Density / Sq Mi
$59,082
Median Household Income
$39,022
Median Earnings
$841
Median Rent
$108,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Two units are occupied, while the property is offered in its current as-is condition for repairs and updates.
Where is this triplex located?
The property is located at 1225 S 25th Street Elwood, IN.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Three‑unit triplex with approximately 3,664 square feet of living space; 2 of 3 units are occupied; Property is being sold AS‑IS and needs repairs and updates
More about this property
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