Great investor opportunity in Elwood! This well-maintained, single-story brick duplex features two spacious 2-bedroom units, each with an eat-in kitchen. 2 unit duplex each unit is approximately 980 Sq ft, totaling 1,960 sq. ft. of living space on a 6,800 sq. ft. lot, the property includes rear parking and a convenient storage shed. Both units are currently occupied by long-term tenants, offering immediate cash flow. Low-maintenance exterior with tidy landscaping. Landlord covers water utilities; tenants are responsible for electricity. Perfect addition to any portfolio-schedule your viewing today! Both units have pets already included in their rent.
Active
$169,900
1328 S G St, Elwood, IN 46036
4beds
2baths
--sqft
:
Get pre-qualified$1,205/mo
Multi Family, Duplex
Built in 1967
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Well-maintained single-story brick duplexLow-maintenance exteriorTidy landscapingRear parkingConvenient storage shedEat-in kitchen
- 19 days |
- 376 |
- 15 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jonathan Ash 765-278-5899,
Arc Realty,
Richard Shepherd
Source: MIBOR as distributed by MLS GRID,MLS#: 22110894
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Main level bathrooms: 4
Heating
- Radiant Ceiling
Cooling
- Window Unit(s)
Appliances
- Laundry: No Laundry Facil.
Features
- Has basement: No
Property
Parking
- Total spaces: 2
- Parking features: Alley Access, Concrete
- Details: Unit Parking(2 Car Space)
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,969 Square Feet
- Features: Access, Sidewalks, Street Lights, Mature Trees
Details
- Additional structures: Storage
- Parcel number: 480416104083000027
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family, Duplex
Materials
- Brick
Condition
- New construction: No
- Year built: 1967
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: No Subdivision
Location
- Region: Elwood
Financial & listing details
- Tax assessed value: $88,200
- Annual tax amount: $1,774
- Date on market: 7/7/2026
- Cumulative days on market: 21 days
- Tenant pays: Cable TV, Electricity
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Listed for sale | $169,900+161.8% |
Source:  MIBOR as distributed by MLS GRID #22110894 Report a problem | ||
| 12/18/2017 | Listing removed | $64,900 |
Source: Carpenter Realtors, Inc. #21489956 Report a problem | ||
| 6/6/2017 | Listed for sale | $64,900 |
Source: Carpenter Realtors, Inc. #21489956 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,384 +9.1% | $88,200 +27.5% |
| 2024 | $1,269 +0.6% | $69,200 +9.5% |
| 2023 | $1,261 +7.6% | $63,200 +0.6% |
| 2022 | $1,172 +4.8% | $62,800 +7.5% |
| 2021 | $1,118 +2.6% | $58,400 +4.8% |
| 2020 | $1,090 +5.1% | $55,700 +2.6% |
| 2019 | $1,037 -5.6% | $54,300 +5.6% |
| 2018 | $1,099 -1.6% | $51,400 -5.7% |
| 2017 | $1,117 +0.4% | $54,500 -1.6% |
| 2016 | $1,112 +1.4% | $55,400 +1.3% |
| 2014 | $1,097 | $54,700 |
| 2013 | $1,097 -3.9% | $54,700 -3.9% |
| 2012 | $1,141 | $56,900 -9.4% |
| 2011 | -- | $62,800 -2.2% |
| 2010 | $1,289 -34.4% | $64,200 -2% |
| 2009 | $1,965 | $65,500 -34.1% |
| 2006 | -- | $99,400 +36% |
| 2005 | -- | $73,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 46036
Nearby schools
GreatSchools rating
- NAElwood Elementary SchoolGrades: PK-2Distance: 1.1 mi
- 4/10Elwood Junior-Senior High SchoolGrades: 7-12Distance: 1.4 mi
- 4/10Elwood Intermediate SchoolGrades: 3-6Distance: 1.5 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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