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4-Unit Renovated Quadplex

1702 S E Street, Elwood, IN 46036

For Sale
$379,700

All four residences are rented, with updated kitchens and interior finishes throughout.

Property SizeContact for details
Days on Market320

Property Features for 1702 S E Street

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Multifamily Units 4
Tenant in Place Yes

Building Details

Year Built 1894
Stories 2
Units 4
Listing Agency: Bill Brogdon Realty
Listed By: Ray Watson
Source: Johnsonrealtysource
Added: Dec 25, 2025 Changed: Nov 7 Last Checked: Nov 8 at 9:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bill Brogdon Realty

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Investment Insights

Based on property information with market context.

This 4-unit quadplex, built in 1894, has two residences on each of its two levels. Renovations include kitchens with stone countertops, waterproof vinyl flooring, and carpet. Sound insulation separates the units, and a home warranty is included.

All four units are currently rented. The building’s layout places two residences upstairs and two downstairs.

Key Highlights

  • Four units, with two on each level
  • All four residences are currently rented
  • Renovated kitchens feature stone countertops

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - All four residences are rented, with updated kitchens and interior finishes throughout.
Where is this quadplex located?
The property is located at 1702 S E Street Elwood, IN.
What is the asking price?
The asking price for this property is $379,700.
What are key features of this property?
This property features: Four units, with two on each level; All four residences are currently rented; Renovated kitchens feature stone countertops
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