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    Elwood, IN Residential Income Properties for Sale

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    Tipton, IN Frankton, IN Alexandria, IN
    Brick Triplex with Off-Street Parking
    $239,900
    1.14 Acres
    Brick Triplex with Off-Street Parking

    1887 S 700 E, Elwood, IN 46036

    Brick triplex with three rental units, laundry connections, and off-street parking on well and septic.
    • Brick ranch triplex built in 1973
    • All 3 units currently rented: 2 on month‑to‑month leases and the third lease expires October 2026
    • Apartment 3 fully renovated in 2025 (new from the studs out, including electrical, plumbing, windows, doors, and appliances)
    • Over an acre of land with plenty of off‑street parking
    • Laundry connections in each unit; tenants pay electric and any cable/internet they use
    Updated: Mar 23
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Elwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    C-3 Zoned Development Land
    $700,000
    4.53 Acres
    C-3 Zoned Development Land

    4.53-acre Hamilton County site zoned C-3, including a residence plus horse barn and pasture.

    8440 E 216th Street, Cicero, IN 46034

    View details
    Fourplex with Rear 3BR Unit
    $375,000
    0.41 Acres
    Fourplex with Rear 3BR Unit

    Fully occupied five-unit rental setup with four 2-bedroom units plus a separate 3-bedroom, 2-bath rear unit.

    714 W Cross Street, Anderson, IN 46011

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    Solid Fourplex With Mixed Unit Sizes
    $215,000
    0.17 Acres
    Solid Fourplex With Mixed Unit Sizes

    Four-unit residential income property with two two-bedroom and two one-bedroom units; one 2-bedroom currently rented.

    117 E John Street, Alexandria, IN 46001

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    All-Brick Duplex
    $259,900
    0.68 Acres
    All-Brick Duplex

    Well maintained two-unit duplex in the Frankton School District, with recent roof and updates for income or owner-occupant use.

    2124 Jackson Lane, Anderson, IN 46011

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Lot in Elwood Neighborhood
    Contact for pricing
    0.21 Acres
    Residential Lot in Elwood Neighborhood

    0.21-acre residential lot in Elwood, Indiana, for creative uses.

    N E Street, Elwood, IN 46036

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    Buildable Residential Lot
    Contact for pricing
    0.13 Acres
    Buildable Residential Lot

    Flat residential-zoned lot in Elwood suited for a single-family build, with prior home removal and historically present utilities.

    N Eighth Street, Elwood, IN 46036

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    Elwood Residential Lots For Sale
    $50,000
    0.34 Acres
    Elwood Residential Lots For Sale

    Two residential lots in Elwood, Indiana, perfect for building.

    C St At N 10th, Elwood, IN 46036

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    Elwood Residential Lot Opportunity
    Contact for pricing
    0.14 Acres
    Elwood Residential Lot Opportunity

    Vacant lot with alley access in Elwood, Indiana.

    N J Street, Elwood, IN 46036

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    Off-Market Properties in Elwood, IN

    Consider similar Off-Market properties in Elwood, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    37 Sr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 10.00 Acres
    Value Estimation by Request

    37 Sr, Elwood, IN 46036

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    Elwood, IN Residential Income Properties Investment Opportunities Market Analysis

    Explore 2 residential income properties for sale in Elwood, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for residential income properties in Elwood, IN start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 1
    Triplexes 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) -5.4%
    Median Household Income $59,082
    College Educated 14.2%

    Taxes & Financing

    Tax Rate (average for all types) 2.82%
    Property Tax per SF $43.44 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

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