Advertise
    Elwood, IN
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Elwood, IN Triplexes for Sale

    Notify Me
    List
    Map
    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
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Muncie Triplex Investment Opportunity
    $124,999
    2,700 SF
    Muncie Triplex Investment Opportunity

    Triplex near downtown Muncie with three currently leased units.

    708 W Jackson Street, Muncie, IN 47305

    View details
    Converted Triplex with Private Entrances
    $264,990
    0.12 Acres
    Converted Triplex with Private Entrances

    Three-level triplex with separate entrances, updated interiors, and mini-split HVAC on the third level.

    1015 Delaware Street, Anderson, IN 46016

    View details
    Updated Triplex
    $165,000
    0.16 Acres
    Updated Triplex

    Three recently updated units generate monthly rent of $775, $725, and $725.

    907 W Main Street, Muncie, IN 47305

    View details
    Updated Triplex-Ready Duplex
    $165,000
    0.09 Acres
    Updated Triplex-Ready Duplex

    Updated duplex with three unit options, each featuring a kitchen, washer/dryer hookup, and bedrooms.

    120 W 5th Street, Anderson, IN 46016

    View details

    Elwood, IN Triplexes Investment Opportunities Market Analysis

    Explore 1 triplexes 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 $239,900.

    Sale prices for three-family homes in Elwood, IN start at $239,900, averaging $239,900, and reaching up to $239,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    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)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Triplexes for Sale Near Elwood, IN

    Popular Searches in Elwood, IN

    Most Searched ZIP Codes in Elwood, IN

    • 46036

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!