Back to Search
Multifamily Apartment Community

3033 S P St Elwood, IN 46036

3033 S P St, Elwood, IN, 46036
$2,900,000
For Sale
$2,900,000

42-unit multifamily community with seven single-story buildings offering a mix of studios, one-bedrooms, and two-bedrooms.

Days on Market114

Property Features for 3033 S P St

General Information

Standard status
Active
Listing agency Ellsbury Group
Listed by Tariq Suboh · License #RB20000815
Source Exprealty
Added: Mar 30 Updated: Jul 21 at 12:51PM Checked: Jul 21 at 12:51PM

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 Ellsbury Group


Investment Insights

Based on property information with market context.

Pine Grove Apartments is a 42-unit apartment community comprised of seven single-story buildings totaling 25,768 square feet. The unit mix includes eight two-bedroom, one-bath apartments, 27 one-bedroom, one-bath apartments, and seven studios. The community was built in 1982 and is described as having stable occupancy, with tenant-paid electric utilities.

The property sits on a large 4.45-acre lot in Elwood, Indiana. The public remarks note modest updates and rent growth alongside reliable day-one income.

Key Highlights

  • Pine Grove Apartments is a 42‑unit multifamily community in Elwood, IN.
  • Unit mix includes 8 two‑bed/one‑bath, 27 one‑bed/one‑bath, and 7 studios.
  • Seven single‑story buildings totaling 25,768 sq. ft. on a 4.45‑acre lot.

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Electrical Service Nail Salon Hair Salon Kitchen & Bath Showroom Furniture & Home Goods Skin Care Clinic Cafe & Coffee Shop Auto Parts Store Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 42-unit multifamily community with seven single-story buildings offering a mix of studios, one-bedrooms, and two-bedrooms.
Where is this apartment building located?
The property is located at 3033 S P St Elwood, IN.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Pine Grove Apartments is a 42‑unit multifamily community in Elwood, IN.; Unit mix includes 8 two‑bed/one‑bath, 27 one‑bed/one‑bath, and 7 studios.; Seven single‑story buildings totaling 25,768 sq. ft. on a 4.45‑acre lot.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message