Triplex

Elwood, IN Triplexes for Sale

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Three-Unit Triplex for Investors
Updated: Jun 22
Three-Unit Triplex for Investors

1225 S 25th Street, Elwood, IN 46036

$150,000
0.13 AC lot
3‑unit multifamily (triplex) in Elwood with approx. 3,664 sq ft of living space
2 of the 3 units are currently occupied for immediate rental income potential
One unit is renovated or planned for repositioning, while the property is in need of repairs and updates
Built in 1899 with an asphalt roof
Exterior features include a fire pit
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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.

Three-Unit Residential Income Property
Three-Unit Residential Income Property

3714 S Race Street, Marion, IN 46953

$127,500
1,780 sqft 0.20 AC lot

Triplex with three total units, including an efficiency and a studio, offered for sale.

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Triplex Investment Property
Triplex Investment Property

604 Hendricks Street, Anderson, IN 46016

$200,000
0.19 AC lot

Triplex with two 2-bedroom units and one 1-bedroom unit, separately metered electric, and tenant water/sewer utility charges.

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Updated Triplex-Ready Duplex
Updated Triplex-Ready Duplex

120 W 5th Street, Anderson, IN 46016

$165,000
0.09 AC lot

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

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Three-Unit Multifamily Property
Three-Unit Multifamily Property

204 W 20th Street, Marion, IN 46953

Contact for pricing

Three-unit multifamily building with three 1-bedroom, 1-bath units, sold as-is and requiring roof and cosmetic updates.

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Elwood, IN Triplexes Market Trends and Statistics

Explore 1 triplexes for sale in Elwood, IN on our real estate platform.

Sale prices for three-family homes in Elwood, IN average $150,000 — 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

Apartment buildings 1
Triplexes 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Elwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46036 $150K

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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