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Three-Unit Triplex
For Sale
$132,900

1225 S 25th Street, Elwood, IN 46036

Residential Income, Elwood, IN

Property Size3,664 SF
Lot Size0.13 Acres
Price / SF$36.27
Days on Market97

Property Features for 1225 S 25th Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 7, Bathroom 3, Bedroom 2, Bedroom 4
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:
Tax Annual Amount 1078
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: Sep 24 Last Checked: Sep 26 at 10:06PM
MLS# 22100629

Copyright © 2026 Broker Listing Cooperative®. 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 1899-built triplex contains three units and approximately 3,664 square feet of living space. Two units are occupied; the third is unoccupied. The property requires repairs and updates and is being sold as-is.

The site covers 0.13 acres. Interior room listings include seven bedrooms and three bathrooms. Exterior features include a fire pit, and the roof is asphalt.

Key Highlights

  • Three‑unit multifamily property with approximately 3,664 square feet of living space
  • Two of the three units are occupied
  • Built in 1899 on a 0.13‑acre lot

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Nail Salon HVAC Service Electrical Service Spa & Massage Center

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

106
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Two units are occupied, while the third is unoccupied.
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 $132,900.
What are key features of this property?
This property features: Three‑unit multifamily property with approximately 3,664 square feet of living space; Two of the three units are occupied; Built in 1899 on a 0.13‑acre lot
More about this property
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