Real Estate Investment Properties for Sale in Elwood, IN

Looking for investment property in Elwood, IN with high ROI ?

Explore a variety of short-term homes & houses in Elwood, IN. Invest wisely with VRBO & Elwood, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Elwood, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1612 N B Street Elwood, IN Step right up, future homeowner, and behold the charm at 1612 N B St in Elwood, IN! This d...	3 beds \| 2 baths \| 1,748 sq.ft.	$219,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.84% Airbnb Rental Income: $null Traditional Rental Income: $1621 Airbnb ROI: N/A Traditional ROI: 5.84%
1300 S B Street Elwood, IN Welcome to 1300 S B ST, ELWOOD, IN, this single-family residence offers a unique opportuni...	3 beds \| 2 baths \| 1,428 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.1% Airbnb Rental Income: $null Traditional Rental Income: $1606 Airbnb ROI: N/A Traditional ROI: 6.1%
707 N Anderson Street Elwood, IN Recently remodeled 3 bedroom 2 full bath ranch style home with deck, porch and oversized 2...	3 beds \| 2 baths \| 1,288 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.26% Airbnb Rental Income: $null Traditional Rental Income: $1596 Airbnb ROI: N/A Traditional ROI: 8.26%
1309 N 8th Street Elwood, IN BRAND NEW!! EXCITING!! Ranch style home offering a 3 Bedrooms, 2 Full Bath with 2x6 exteri...	3 beds \| 2 baths \| 1,560 sq.ft.	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.16% Airbnb Rental Income: $null Traditional Rental Income: $2076 Airbnb ROI: N/A Traditional ROI: 5.16%
1623 S K Street Elwood, IN This home offers 1,092 square feet of living area situated on a spacious .17 square foot l...	2 beds \| 1 baths \| 1,092 sq.ft.	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.47% Airbnb Rental Income: $null Traditional Rental Income: $1308 Airbnb ROI: N/A Traditional ROI: 7.47%
806 S 17th Street Elwood, IN Welcome to 806 S 17th St in Elwood! This 2-bedroom, 1-bath home offers plenty of character...	2 beds \| 1 baths \| 1,128 sq.ft.	$142,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.73% Airbnb Rental Income: $null Traditional Rental Income: $1373 Airbnb ROI: N/A Traditional ROI: 7.73%
2115 S I Street Elwood, IN Value add opportunity in Elwood with heavy lifting already done. Brand new framework, all ...	4 beds \| 1 baths \| 1,080 sq.ft.	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.69% Airbnb Rental Income: $null Traditional Rental Income: $1329 Airbnb ROI: N/A Traditional ROI: 7.69%
1926 Main Street Elwood, IN This beautifully renovated home blends modern updates with everyday convenience in a locat...	4 beds \| 2 baths \| 1,996 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.84% Airbnb Rental Income: $null Traditional Rental Income: $2200 Airbnb ROI: N/A Traditional ROI: 6.84%
413 N 12th Street Elwood, IN Discover the charm of 413 N 12th ST, ELWOOD, IN, a delightful 912 sq ft single-family resi...	2 beds \| 1 baths \| 912 sq.ft.	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.3% Airbnb Rental Income: $null Traditional Rental Income: $1107 Airbnb ROI: N/A Traditional ROI: 6.3%
1329 S G Street Elwood, IN Discover the charm of 1329 S G ST in ELWOOD, IN. This attractive, single-family residence,...	3 beds \| 2 baths \| 1,880 sq.ft.	$227,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.72% Airbnb Rental Income: $null Traditional Rental Income: $2190 Airbnb ROI: N/A Traditional ROI: 8.72%
515 Main Street Elwood, IN Step into a living piece of history-an extraordinary Greek Revival home built in 1859. Sit...	4 beds \| 3 baths \| 3,165 sq.ft.	$500,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.77% Airbnb Rental Income: $null Traditional Rental Income: $1313 Airbnb ROI: N/A Traditional ROI: 0.77%
10261 N State Road 37 Elwood, IN Welcome to your dream home! At over 6,000 square feet, this house has it all. Enjoy 5 bedr...	5 beds \| 4 baths \| 4,488 sq.ft.	$545,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.22% Airbnb Rental Income: $null Traditional Rental Income: $3179 Airbnb ROI: N/A Traditional ROI: 4.22%
8989 W 1400 N Elwood, IN Have you been looking for some country living, this well-maintained property is your answe...	3 beds \| 2 baths \| 1,674 sq.ft.	$449,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.08% Airbnb Rental Income: $null Traditional Rental Income: $1741 Airbnb ROI: N/A Traditional ROI: 2.08%
1100 S A Street Elwood, IN Beautifully renovated and move-in ready! This charming 2-bedroom, 1-bath home in Elwood of...	2 beds \| 1 baths \| 1,217 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.72% Airbnb Rental Income: $null Traditional Rental Income: $1276 Airbnb ROI: N/A Traditional ROI: 5.72%
1225 S 25th Street Elwood, IN Investor Special! Opportunity awaits with this 3-unit multifamily property in Elwood offer...	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.63% Airbnb Rental Income: $null Traditional Rental Income: $1147 Airbnb ROI: N/A Traditional ROI: 5.63%
931 N 19th St Elwood, IN 931 N 19th St, Elwood, IN 46036 \| Single Family Residential	3 beds \| 2 baths \| 1,152 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.21% Airbnb Rental Income: $null Traditional Rental Income: $1334 Airbnb ROI: N/A Traditional ROI: 5.21%
1328 S G St Elwood, IN 1328 S G St, Elwood, IN 46036 \| Multi Family	8 beds \| N/A baths \| 3,920 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.96% Airbnb Rental Income: $null Traditional Rental Income: $1518 Airbnb ROI: N/A Traditional ROI: 6.96%
1526 N B St Elwood, IN 1526 N B St, Elwood, IN 46036 \| Single Family Residential	3 beds \| 2 baths \| 2,347 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.92% Airbnb Rental Income: $null Traditional Rental Income: $1925 Airbnb ROI: N/A Traditional ROI: 5.92%
2015 S J St Elwood, IN 2015 S J St, Elwood, IN 46036 \| Single Family Residential	4 beds \| 2 baths \| 2,084 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.42% Airbnb Rental Income: $null Traditional Rental Income: $1959 Airbnb ROI: N/A Traditional ROI: 6.42%
1364 College Pkwy Elwood, IN 1364 College Pkwy, Elwood, IN 46036 \| Single Family Residential	3 beds \| 2 baths \| 2,604 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.51% Airbnb Rental Income: $null Traditional Rental Income: $1950 Airbnb ROI: N/A Traditional ROI: 3.51%
1226 S H St Elwood, IN 1226 S H St, Elwood, IN 46036 \| Single Family Residential	2 beds \| 1 baths \| 1,404 sq.ft.	$69,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.48% Airbnb Rental Income: $null Traditional Rental Income: $1017 Airbnb ROI: N/A Traditional ROI: 11.48%
0 N Sr 13 Elwood, IN 0 N Sr 13, Elwood, IN 46036 \| Other	N/A beds \| N/A baths \| N/A	$724,900	Airbnb cash on cash: N/A Traditional cash on cash: -1.21% Airbnb Rental Income: $null Traditional Rental Income: $522 Airbnb ROI: N/A Traditional ROI: -1.21%
1615 Avenue E Street Elwood, IN JUST ACTIVATED TODAY 7-16---Be the first to see this one!---Welcome to 1615 Avenue East ST...	3 beds \| 2 baths \| 1,120 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.54% Airbnb Rental Income: $null Traditional Rental Income: $1525 Airbnb ROI: N/A Traditional ROI: 6.54%
2107 S B Street Elwood, IN This beautifully remodeled 2-bedroom 2-full bathroom ranch home offers modern updates thro...	2 beds \| 2 baths \| 808 sq.ft.	$144,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.72% Airbnb Rental Income: $null Traditional Rental Income: $1343 Airbnb ROI: N/A Traditional ROI: 7.72%
800 N 16th Street Elwood, IN Built in 2022 this FOUR BEDROOM home feels almost brand new! Move in with peace of mind kn...	4 beds \| 3 baths \| 1,864 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.87% Airbnb Rental Income: $null Traditional Rental Income: $2413 Airbnb ROI: N/A Traditional ROI: 8.87%
2227 S F Street Elwood, IN Built in 2022 this home feels almost brand new! Move in with peace of mind knowing that th...	3 beds \| 3 baths \| 1,614 sq.ft.	$217,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.6% Airbnb Rental Income: $null Traditional Rental Income: $2303 Airbnb ROI: N/A Traditional ROI: 9.6%
1815 S J Street Elwood, IN Built in 2022 this home feels almost brand new! Move in with peace of mind knowing that th...	3 beds \| 3 baths \| 1,614 sq.ft.	$217,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.97% Airbnb Rental Income: $null Traditional Rental Income: $2324 Airbnb ROI: N/A Traditional ROI: 8.97%
1518 S G Street Elwood, IN Completely renovated and move-in ready for under $150,000! This affordable Elwood home off...	2 beds \| 1 baths \| 1,072 sq.ft.	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.56% Airbnb Rental Income: $null Traditional Rental Income: $1177 Airbnb ROI: N/A Traditional ROI: 6.56%
718 Main Street Elwood, IN Renovated 3 bedroom home presents an opportunity to embrace comfortable living. Ready to m...	2 beds \| 1 baths \| 1,184 sq.ft.	$110,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.93% Airbnb Rental Income: $null Traditional Rental Income: $1482 Airbnb ROI: N/A Traditional ROI: 10.93%
412 Main Street Elwood, IN Welcome home to 412 W Main St in Elwood, where small-town charm meets everyday convenience...	4 beds \| 2 baths \| 1,176 sq.ft.	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.33% Airbnb Rental Income: $null Traditional Rental Income: $1600 Airbnb ROI: N/A Traditional ROI: 8.33%
1322 S E Street Elwood, IN Welcome home to this freshly updated 3-bedroom, 2-bath property offering over 2,500 sq ft ...	3 beds \| 2 baths \| 2,790 sq.ft.	$189,999	Airbnb cash on cash: N/A Traditional cash on cash: 7.89% Airbnb Rental Income: $null Traditional Rental Income: $1737 Airbnb ROI: N/A Traditional ROI: 7.89%
909 Independence Drive E Elwood, IN Welcome home to this inviting 1971 manufactured home with 938 square feet-move-in ready an...	3 beds \| 2 baths \| 938 sq.ft.	$99,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.12% Airbnb Rental Income: $null Traditional Rental Income: $1255 Airbnb ROI: N/A Traditional ROI: 10.12%
505 N 13th Street Elwood, IN Welcome home to 505 N. 13th Street in Elwood! This charming 3-bedroom, 1-bath home offers ...	3 beds \| 1 baths \| 1,236 sq.ft.	$159,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.87% Airbnb Rental Income: $null Traditional Rental Income: $1113 Airbnb ROI: N/A Traditional ROI: 4.87%
3309 N 700 E Road Elwood, IN Opportunity awaits with this 3-bedroom, 1.5-bath home situated on over half an acre in a p...	3 beds \| 2 baths \| 2,000 sq.ft.	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.81% Airbnb Rental Income: $null Traditional Rental Income: $1205 Airbnb ROI: N/A Traditional ROI: 5.81%

Real Estate investment in Elwood, IN

There are 34 properties for sale in the city of Elwood . The median list price in Elwood is $154,408 and the average price per square foot is $91. In July 2026, the average monthly cash on cash return in Elwood is 7.00%. The average monthly rental income in Elwood is $1,518.

Elwood, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 34 investment properties available for sale in Elwood.

The ROI for Short-Term is higher than the Long-Term in Elwood with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Elwood, IN

1612 N B Street

Elwood, IN

3 beds | 2 baths | 1,748 sq.ft.

$219,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.84%

Airbnb Rental Income: $null

Traditional Rental Income: $1621

Airbnb ROI: N/A

Traditional ROI: 5.84%

1300 S B Street

Elwood, IN

3 beds | 2 baths | 1,428 sq.ft.

$215,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.1%

Airbnb Rental Income: $null

Traditional Rental Income: $1606

Airbnb ROI: N/A

Traditional ROI: 6.1%

707 N Anderson Street

Elwood, IN

3 beds | 2 baths | 1,288 sq.ft.

$169,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.26%

Airbnb Rental Income: $null

Traditional Rental Income: $1596

Airbnb ROI: N/A

Traditional ROI: 8.26%

1309 N 8th Street

Elwood, IN

3 beds | 2 baths | 1,560 sq.ft.

$329,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.16%

Airbnb Rental Income: $null

Traditional Rental Income: $2076

Airbnb ROI: N/A

Traditional ROI: 5.16%

1623 S K Street

Elwood, IN

2 beds | 1 baths | 1,092 sq.ft.

$139,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.47%

Airbnb Rental Income: $null

Traditional Rental Income: $1308

Airbnb ROI: N/A

Traditional ROI: 7.47%

806 S 17th Street

Elwood, IN

2 beds | 1 baths | 1,128 sq.ft.

$142,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.73%

Airbnb Rental Income: $null

Traditional Rental Income: $1373

Airbnb ROI: N/A

Traditional ROI: 7.73%

2115 S I Street

Elwood, IN

4 beds | 1 baths | 1,080 sq.ft.

$135,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.69%

Airbnb Rental Income: $null

Traditional Rental Income: $1329

Airbnb ROI: N/A

Traditional ROI: 7.69%

1926 Main Street

Elwood, IN

4 beds | 2 baths | 1,996 sq.ft.

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.84%

Airbnb Rental Income: $null

Traditional Rental Income: $2200

Airbnb ROI: N/A