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Investor Special! Opportunity awaits with this 3-unit multifamily property in Elwood offering approximately 3,664 square feet of living space. Currently, 2 of the 3 units are occupied, providing immediate rental income potential while the remaining unit is renovated or repositioned. This property is in need of repairs and updates and is being sold AS-IS. Whether you're looking to expand your rental portfolio, pursue a value-add investment, or restore a multifamily property to its full potential, this triplex offers plenty of upside. Don't miss this opportunity to add a multifamily investment to your portfolio.

1225 S 25th Street, Elwood

Listing courtesy of RE/MAX Real Estate Solutions.

$129,900

Completely renovated and move-in ready for under $150,000! This affordable Elwood home offers peace of mind with extensive updates throughout, including a new roof, siding, gutters, plumbing, electrical system, HVAC, water heater, flooring, fresh paint, cabinets, and countertops. The modern interior features a bright, updated living space and a stylish kitchen ready for everyday living and entertaining. With all the major improvements already completed, this home is an excellent opportunity for first-time buyers, downsizers, or investors seeking a turnkey property. Don't miss your chance to own a beautifully updated home at an affordable price!

2 Beds ⋅ 1 Baths

Completely renovated and move-in ready for under $150,000! This affordable Elwood home offers peace of mind with extensive updates throughout, including a new roof, siding, gutters, plumbing, electrical system, HVAC, water heater, flooring, fresh paint, cabinets, and countertops. The modern interior features a bright, updated living space and a stylish kitchen ready for everyday living and entertaining. With all the major improvements already completed, this home is an excellent opportunity for first-time buyers, downsizers, or investors seeking a turnkey property. Don't miss your chance to own a beautifully updated home at an affordable price!

1518 S G Street, Elwood

Listing courtesy of RE/MAX Complete.

$285,000

Country quiet with city reach. This brick ranch sits back from the road on a private 0.4-acre lot, with easy drives to Noblesville, Anderson, and Marion. The heavy lifting is done. A new roof went on July 14, 2026. Windows, exterior doors, flooring, paint, gutters, and fascia are updated. So are the major systems buyers pay close attention to: electrical panel, gas furnace, well pump and bladder tank, water heater, water softener, whole-house filtration, water and drain lines, septic service lines, and a new crawl-space vapor barrier. Privacy fencing is in, the front fence freshly stained. Inside, the main-level primary bedroom keeps daily living on one floor. Stainless kitchen appliances stay, along with the washer, dryer, and a SimpliSafe system (buyer activation required). Out back, the in-ground pool and fenced yard are ready for evenings and weekends. The seller is including an ACHOSA Prime Home Warranty with Pool Rider coverage, and they want this one sold. Major updates are finished. Price has been corrected. Offers welcome.

3 Beds ⋅ 2 Baths

Country quiet with city reach. This brick ranch sits back from the road on a private 0.4-acre lot, with easy drives to Noblesville, Anderson, and Marion. The heavy lifting is done. A new roof went on July 14, 2026. Windows, exterior doors, flooring, paint, gutters, and fascia are updated. So are the major systems buyers pay close attention to: electrical panel, gas furnace, well pump and bladder tank, water heater, water softener, whole-house filtration, water and drain lines, septic service lines, and a new crawl-space vapor barrier. Privacy fencing is in, the front fence freshly stained. Inside, the main-level primary bedroom keeps daily living on one floor. Stainless kitchen appliances stay, along with the washer, dryer, and a SimpliSafe system (buyer activation required). Out back, the in-ground pool and fenced yard are ready for evenings and weekends. The seller is including an ACHOSA Prime Home Warranty with Pool Rider coverage, and they want this one sold. Major updates are finished. Price has been corrected. Offers welcome.

9940 W Sunset Lane, Elwood

Listing courtesy of Epique Inc.

$64,900

This ranch-style home is full of character and ready for someone to make it their own. Built in 1892, this single-level home offers 878 square feet of living space with 2 bedrooms, 1 full bath, and a bonus room that could serve as an office, flex space, or possible third bedroom with its own exterior entrance. Featuring vinyl siding, original wood windows, and plenty of potential, this home is a great opportunity for a buyer looking for charm and flexibility.

2 Beds ⋅ 1 Baths

This ranch-style home is full of character and ready for someone to make it their own. Built in 1892, this single-level home offers 878 square feet of living space with 2 bedrooms, 1 full bath, and a bonus room that could serve as an office, flex space, or possible third bedroom with its own exterior entrance. Featuring vinyl siding, original wood windows, and plenty of potential, this home is a great opportunity for a buyer looking for charm and flexibility.

1312 N D Street, Elwood

Listing courtesy of Red Bridge Real Estate.

$220,000

BIG BUYER SAVINGS! With an acceptable offer, seller is offering assistance toward an interest-rate buydown and buyer's closing costs! Located in a USDA-eligible area, qualified buyers may be eligible for ZERO DOWN financing, potentially reducing upfront costs and monthly payments. All incentives subject to negotiated terms, buyer qualification, lender approval and loan-program requirements. Discover the charm of 1329 S G ST in ELWOOD, IN. This attractive, single-family residence, built in 1908, offers a well thought out and generous 1880 square feet of living. This property has been updated, well cared for and brought back to what it was intended to be like when built. Located just a few blocks from downtown Elwood just walking distance to anything and everthing that is offered in the area. The two stories, provide more than enough room for comfortable living,custom kitchen, Hardwoods and ceramic tile throughout just give it a custom and quality feeling. Step outside to enjoy the privacy of your own yard with a newer built huge two-car detached garage with a shop attached. From the location, size, garage and tasteful updates this property presents a great opportunity to own a piece of Elwood's history right in the heart of the city.

3 Beds ⋅ 2 Baths

BIG BUYER SAVINGS! With an acceptable offer, seller is offering assistance toward an interest-rate buydown and buyer's closing costs! Located in a USDA-eligible area, qualified buyers may be eligible for ZERO DOWN financing, potentially reducing upfront costs and monthly payments. All incentives subject to negotiated terms, buyer qualification, lender approval and loan-program requirements. Discover the charm of 1329 S G ST in ELWOOD, IN. This attractive, single-family residence, built in 1908, offers a well thought out and generous 1880 square feet of living. This property has been updated, well cared for and brought back to what it was intended to be like when built. Located just a few blocks from downtown Elwood just walking distance to anything and everthing that is offered in the area. The two stories, provide more than enough room for comfortable living,custom kitchen, Hardwoods and ceramic tile throughout just give it a custom and quality feeling. Step outside to enjoy the privacy of your own yard with a newer built huge two-car detached garage with a shop attached. From the location, size, garage and tasteful updates this property presents a great opportunity to own a piece of Elwood's history right in the heart of the city.

1329 S G Street, Elwood

Listing courtesy of eXp Realty LLC.

$167,900

Recently remodeled 3 bedroom 2 full bath ranch style home with deck, porch and oversized 2 car garage! All new kitchen will appeal to the cook in the family! Primary suite has 2 closets, a shower/jacuzzi tub in the primary bath. Laundry adjoins primary bath for ease of use. 2nd bedroom has a walk-out to the large deck while 3rd bedroom has a quiet area away from others with giant closet! Living room/dining room is great for relaxing or entertaining. Roof, furnace, ac, water heater, kitchen, & appliances only 2 1/2 years old. Oversized garage (528 sq ft) was previously used to run a business and has electrical and ability to connect a heat source. The house also has two front doors and could be used as office/living space separated by a door. Great location in town, close to everything!

3 Beds ⋅ 2 Baths

Recently remodeled 3 bedroom 2 full bath ranch style home with deck, porch and oversized 2 car garage! All new kitchen will appeal to the cook in the family! Primary suite has 2 closets, a shower/jacuzzi tub in the primary bath. Laundry adjoins primary bath for ease of use. 2nd bedroom has a walk-out to the large deck while 3rd bedroom has a quiet area away from others with giant closet! Living room/dining room is great for relaxing or entertaining. Roof, furnace, ac, water heater, kitchen, & appliances only 2 1/2 years old. Oversized garage (528 sq ft) was previously used to run a business and has electrical and ability to connect a heat source. The house also has two front doors and could be used as office/living space separated by a door. Great location in town, close to everything!

707 N Anderson Street, Elwood

Listing courtesy of Highgarden Real Estate.

$49,000

**FIXER UPPER OPPORTUNITY** Great opportunity for investors and fixer-uppers in Elwood. Nice house with four bedrooms, 1 bathroom on the main floor, and a half bathroom on the upper floor needs a full rehab. RENT-TO-OWN option. Ask the listing agent

4 Beds ⋅ 2 Baths

**FIXER UPPER OPPORTUNITY** Great opportunity for investors and fixer-uppers in Elwood. Nice house with four bedrooms, 1 bathroom on the main floor, and a half bathroom on the upper floor needs a full rehab. RENT-TO-OWN option. Ask the listing agent

2217 S F Street, Elwood

Listing courtesy of F.C. Tucker Company.

$84,900

Excellent investment opportunity on this bungalow in Elwood! Last rent was $985/month. Property needs some work but near parks and close to Speedway or Downtown. This 2 bedroom home features enclosed front and back porches, 2 spacious bedrooms on the main level, large eat-in kitchen with a breakfast bar, ceiling fans, separate laundry room, a huge upstairs loft area that could be used as a 3rd bedroom, and spacious yard. Additional 6 properties available from same seller/agent, varying condition. Property is sold in Receivership - requires UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK approval of contract prior to closing. Property is sold as-is. Seller will not assume responsibility for any required repairs to the home to qualify for financing. Buyer to be responsible for all costs on the settlement statement except for Seller paid commissions and management fees. Please see the attached documents. The Seller Addendum must be executed and delivered with all Purchase Offers along with all disclosures and proof of funds. Seller will not assume responsibility for any required repairs to the home to qualify for financing. Utilities are inactive and the home is winterized.

3 Beds ⋅ 1 Baths

Excellent investment opportunity on this bungalow in Elwood! Last rent was $985/month. Property needs some work but near parks and close to Speedway or Downtown. This 2 bedroom home features enclosed front and back porches, 2 spacious bedrooms on the main level, large eat-in kitchen with a breakfast bar, ceiling fans, separate laundry room, a huge upstairs loft area that could be used as a 3rd bedroom, and spacious yard. Additional 6 properties available from same seller/agent, varying condition. Property is sold in Receivership - requires UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK approval of contract prior to closing. Property is sold as-is. Seller will not assume responsibility for any required repairs to the home to qualify for financing. Buyer to be responsible for all costs on the settlement statement except for Seller paid commissions and management fees. Please see the attached documents. The Seller Addendum must be executed and delivered with all Purchase Offers along with all disclosures and proof of funds. Seller will not assume responsibility for any required repairs to the home to qualify for financing. Utilities are inactive and the home is winterized.

928 S A Street, Elwood

Listing courtesy of Barron Property Services.