Exciting Investment Opportunity: Prime Rental Property Alert! Seize The Chance To Own A Lucrative Rental Asset, Boasting Four Units With Two Currently Leased Under Flexible Month-To-Month Agreements. Dive Into The Potential Of This Investment By Reaching Out For Detailed Rental Income Insights. This Property Needs Improvements Which Will Drive Higher Rental Income! Property Specifications: Utilities: Each Apartment Benefits From Individual Gas And Electric Meters, While Water Expenses Are Inclusively Managed By The Property Owner. Exterior: Crafted With Durable Vinyl Siding For Easy Maintenance. Composition: This Property Encompasses Four Distinct Apartments, Including A One Apartment Above The Garage. Garage: Lower Section Is Being Utilized For Storing Property Maintenance Tools And Equipment. Financial Overview: Listing Agent Will Provide Financial Details. Apartment A: Fuel: Gas. Layout: 1 Bedroom, 1 Bathroom. Furnace: Vintage Model. Water Heater: Replaced 5 Years Ago. Entry: Front Access. Apartment B: Layout: 1 Bedroom, 1 Bathroom. Water Heater Age: 6-7 Years. Specialty: Exclusive Basement Access. Entry: Rear Access. Apartment C: 2 Bedrooms, 1 Bathroom, Situated Upstairs Of Larger Property Apartment D: Layout: 1 Bedroom, 1 Bathroom. Updates: Benefitted From A New Roof And Furnace In 2023. Layout: 1 Bedroom, 1 Bathroom, Located Above The Garage Additional Insights: Lease Conditions: All Units Are Currently Month-To-Month. Tenant Duties: Tenants Are Responsible For Their Electric And Gas Charges, With Options For Cable Access. Laundry Facilities: Absence Of In-Unit Washers/Dryers. Initial Fees: Tenants Have All Made Initial Payments Covering The First Month's Rent Along With Security Deposits. Electrical System: Features Separate 100 Amp Electrical Panels Per Apartment With Modern Wiring Updates.
Sold
$165,000
1831 N C St, Elwood, IN 46036
4beds
3baths
--sqft
Multi Family, Quadruplex
Built in 1908
-- sqft lot
$-- Zestimate®
$--/sqft
$1,064 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 14, 2025 at 08:57am
Listing Provided by:
Albert Stancato 317-504-2663,
Highgarden Real Estate
Bought with:
Jared Smith
Highgarden Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 21961096
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Cooling
- Central Air
Features
- Basement: Partial,Unfinished
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
- Details: Unit Parking(Unpaved)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,712 sqft
Details
- Parcel number: 480410304016000027
- Zoning: Multi-Family
- Special conditions: As Is,Fixer Upper
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Foundation: Block, Partial
- Roof: Shingle
Condition
- New construction: No
- Year built: 1908
Community & neighborhood
Location
- Region: Elwood
- Subdivision: No Subdivision