1001 S B ST, Elwood, IN 46036
1001 S B ST, Elwood, IN 46036
1001 S B ST, Elwood, IN 46036
Listed by Lillian Snodgrass • Homeward Bound Realty LLC
$50,000
Est. payment /mo
$62,000
19.4%
Est.Price: ?

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6,969 Sqft Lot
SOLD DATE : 02/23/2026

Key Details

Sold Price $50,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Lake Erie

MLS Listing ID 22077497

Sold Date 02/23/26

Year Built 1940

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Duplex

Property Description

Investment opportunity in Elwood, IN! This story-and-a-half duplex offers two separate units, each featuring 2 bedrooms, 1 full bath, and main-level laundry. The property is a solid candidate for an investor or owner-occupant looking to add value. The home does need to be trashed out and cleaned before re-renting, but much of the potential is already in place. You can renovate and rent both units, or live in one side while renting the other to offset your mortgage. Exterior features include vinyl siding and mostly vinyl replacement windows. Some remodeling has already been started, particularly in the right-side unit, which includes new kitchen cabinets, a new tub, toilet, vanity, and a new back door. The property is being sold as-is, making it a great opportunity for buyers ready to finish improvements and build equity or rental income.

Location

State IN

County Madison

Zoning residential

Rooms

Basement Cellar

Interior

Heating Forced Air, Natural Gas

Cooling None

Fireplace N

Exterior

Roof Type Asphalt

Building

Story One and One Half

Foundation Block, Cellar, Partial

Architectural Style Traditional

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Elwood Elementary School

High Schools Elwood Jr-Sr High School

School District Elwood Community School Corp

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AJ Moses

AJ Moses

+1(317) 597-1905

Broker/Owner | License ID: RB18000249

Broker/Owner License ID: RB18000249

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