3033 S P ST, Elwood, IN 46036
3033 S P ST, Elwood, IN 46036
3033 S P ST, Elwood, IN 46036
30
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Listed by Tariq Suboh • Ellsbury Group
$2,900,000
Est. payment /mo
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25,768 SqFt
Active

3033 S P ST Elwood, IN 46036

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Audri McGrane

Audri McGrane

+1(317) 509-9729

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 25,768 sqft

Price per Sqft $112

MLS Listing ID 22092189

Year Built 1982

Tax Year 2024

Lot Size 4.550 Acres

Acres 4.55

Property Sub-Type Multi-Family 5+

Property Description

Pine Grove Apartments is a 42-unit community located in Elwood, IN, with a desirable mix of 8 two-bed/one-bath, 27 one-bed/one-bath, and 7 studios. The property spans seven single-story buildings totaling 25,768 sq. ft. on a large 4.45-acre lot. Built in 1982, the community is stable with consistent occupancy and tenant-paid electric utilities. With modest updates and rent growth, Pine Grove offers plenty of upside potential alongside reliable day-one income.

Location

State IN

County Madison

Zoning Residential Multi Family

Interior

Fireplace N

Exterior

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Story One

New Construction false

Schools

Elementary Schools Elwood Elementary School

School District Elwood Community School Corp

MIBOR MLS
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Audri McGrane

Audri McGrane

Director of Operations | RBRB18002064

+1(317) 509-9729

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3033 S P ST

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