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
928 S A St Elwood, IN Buy this foreclosure deal the right way. Visit us at Auction.com, then login or create a f...	3 beds \| 1 baths \| 2,112 sq.ft.	$94,900	Airbnb cash on cash: N/A Traditional cash on cash: 10% Airbnb Rental Income: $null Traditional Rental Income: $1148 Airbnb ROI: N/A Traditional ROI: 10%
2107 S B St Elwood, IN This beautifully remodeled 2-bedroom 2-full bathroom ranch home offers modern updates thro...	2 beds \| 2 baths \| 808 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.44% Airbnb Rental Income: $null Traditional Rental Income: $1343 Airbnb ROI: N/A Traditional ROI: 7.44%
904 N 13th St Elwood, IN 1602 B SPACIOUS OWNERâS SUITE\|OPEN-CONCEPT LAYOUT BEAUTIFUL NEW 2 Story home features an...	3 beds \| 2 baths \| 1,614 sq.ft.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.46% Airbnb Rental Income: $null Traditional Rental Income: $1909 Airbnb ROI: N/A Traditional ROI: 5.46%
1302 S E St Elwood, IN Two bedroom 1 bath with eat in kitchen. The property is currently rented for $900.00 month...	2 beds \| 1 baths \| 792 sq.ft.	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.72% Airbnb Rental Income: $null Traditional Rental Income: $1140 Airbnb ROI: N/A Traditional ROI: 6.72%
909 S A St Elwood, IN Nicely updated SPACIOUS home with a two car detached garage! Would be perfect for a first...	3 beds \| 1 baths \| 2,163 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.38% Airbnb Rental Income: $null Traditional Rental Income: $917 Airbnb ROI: N/A Traditional ROI: 4.38%
2415 Main St Elwood, IN This is a WOW house! that welcomes you to a completely remodeled house with an open floor ...	3 beds \| 2 baths \| 1,045 sq.ft.	$209,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.05% Airbnb Rental Income: $null Traditional Rental Income: $1805 Airbnb ROI: N/A Traditional ROI: 7.05%
828 N 13th St Elwood, IN Check out this spacious 3 bed 1 bath home! The property has been updated to a modern look ...	3 beds \| 1 baths \| 1,794 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.51% Airbnb Rental Income: $null Traditional Rental Income: $1441 Airbnb ROI: N/A Traditional ROI: 7.51%
1309 N 8th St Elwood, IN BRAND NEW!! EXCITING!! Ranch style home offering a 3 Bedrooms, 2 Full Bath with 2x6 exter...	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%
1300 N F St Elwood, IN This charming residence sits on nearly half an acre, offering a perfect blend of privacy a...	3 beds \| 1 baths \| 2,000 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.48% Airbnb Rental Income: $null Traditional Rental Income: $1552 Airbnb ROI: N/A Traditional ROI: 6.48%
1623 S K St Elwood, IN This 1890 residence offers 1,092 square feet of living area situated on a spacious 7,492 s...	2 beds \| 1 baths \| 1,092 sq.ft.	$154,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.68% Airbnb Rental Income: $null Traditional Rental Income: $1308 Airbnb ROI: N/A Traditional ROI: 6.68%
806 S 17th St Elwood, IN Charming 2 Bedroom Home with an oversized 4 Car Garage/Workshop in Siglers Addition. Livin...	2 beds \| 1 baths \| 1,433 sq.ft.	$143,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.34% Airbnb Rental Income: $null Traditional Rental Income: $1373 Airbnb ROI: N/A Traditional ROI: 7.34%
718 Main St Elwood, IN Renovated 3 bedroom home presents an opportunity to embrace comfortable living. Ready to m...	3 beds \| 1 baths \| 1,184 sq.ft.	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.56% Airbnb Rental Income: $null Traditional Rental Income: $1482 Airbnb ROI: N/A Traditional ROI: 9.56%
1609 S G St Elwood, IN 1609 S G St, Elwood, IN 46036 \| Single Family Residential	3 beds \| 1 baths \| 1,348 sq.ft.	$164,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.75% Airbnb Rental Income: $null Traditional Rental Income: $1131 Airbnb ROI: N/A Traditional ROI: 4.75%
1702 S E St Elwood, IN 1702 S E St, Elwood, IN 46036 \| Multi Family	4 beds \| N/A baths \| 5,370 sq.ft.	$432,700	Airbnb cash on cash: N/A Traditional cash on cash: 5.18% Airbnb Rental Income: $null Traditional Rental Income: $2938 Airbnb ROI: N/A Traditional ROI: 5.18%
9182 Mulligan Ct Elwood, IN 9182 Mulligan Ct, Elwood, IN 46036 \| Single Family Residential	3 beds \| 2 baths \| 1,667 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.79% Airbnb Rental Income: $null Traditional Rental Income: $1616 Airbnb ROI: N/A Traditional ROI: 2.79%
0 N 900 W Elwood, IN 0 N 900 W, Elwood, IN 46036 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$700,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.71% Airbnb Rental Income: $null Traditional Rental Income: $836 Airbnb ROI: N/A Traditional ROI: -0.71%
The Lakeview Plan Elwood, IN	3 beds \| 2 baths \| 1,811 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.97% Airbnb Rental Income: $null Traditional Rental Income: $1631 Airbnb ROI: N/A Traditional ROI: 2.97%
0 State Road 13 Elwood, IN 0 State Road 13, Elwood, IN 46036 \| Other	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.49% Airbnb Rental Income: $null Traditional Rental Income: $428 Airbnb ROI: N/A Traditional ROI: 0.49%
0 N C St At N 10th St Elwood, IN	N/A beds \| N/A baths \| N/A	$50,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.91% Airbnb Rental Income: $null Traditional Rental Income: $436 Airbnb ROI: N/A Traditional ROI: 4.91%
2115 S I St Elwood, IN Value add opportunity in Elwood with heavy lifting already done. Brand new framework, all ...	4 beds \| 1 baths \| 1,987 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.77% Airbnb Rental Income: $null Traditional Rental Income: $1329 Airbnb ROI: N/A Traditional ROI: 6.77%
512 N 13th St Elwood, IN 512 N 13th St, Elwood, IN 46036 \| Single Family Residential	3 beds \| 1 baths \| 1,132 sq.ft.	$154,900	Airbnb cash on cash: N/A Traditional cash on cash: 5% Airbnb Rental Income: $null Traditional Rental Income: $1107 Airbnb ROI: N/A Traditional ROI: 5%
0 W 1050 N Elwood, IN 0 W 1050 N, Elwood, IN 46036 \| Other	N/A beds \| N/A baths \| N/A	$75,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.75% Airbnb Rental Income: $null Traditional Rental Income: $507 Airbnb ROI: N/A Traditional ROI: 3.75%
2412 S B St Elwood, IN 2412 S B St, Elwood, IN 46036 \| Single Family Residential	2 beds \| 1 baths \| 1,094 sq.ft.	$105,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.12% Airbnb Rental Income: $null Traditional Rental Income: $903 Airbnb ROI: N/A Traditional ROI: 6.12%
2021 S A St Elwood, IN 2021 S A St, Elwood, IN 46036 \| Single Family Residential	5 beds \| 2 baths \| 2,240 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.66% Airbnb Rental Income: $null Traditional Rental Income: $2037 Airbnb ROI: N/A Traditional ROI: 5.66%
2311 Main St Elwood, IN 2311 Main St, Elwood, IN 46036 \| Single Family Residential	3 beds \| 2 baths \| 1,796 sq.ft.	$164,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.94% Airbnb Rental Income: $null Traditional Rental Income: $1677 Airbnb ROI: N/A Traditional ROI: 7.94%
1111 Main St Elwood, IN 1111 Main St, Elwood, IN 46036 \| Single Family Residential	4 beds \| 2 baths \| 2,168 sq.ft.	$262,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.6% Airbnb Rental Income: $null Traditional Rental Income: $1933 Airbnb ROI: N/A Traditional ROI: 5.6%
1926 Main St 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%
1403 Madison Rd Elwood, IN 1403 Madison Rd, Elwood, IN 46036 \| Single Family Residential	3 beds \| 1 baths \| 1,938 sq.ft.	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.52% Airbnb Rental Income: $null Traditional Rental Income: $1184 Airbnb ROI: N/A Traditional ROI: 4.52%
8373 W 1700 N Elwood, IN 8373 W 1700 N, Elwood, IN 46036 \| Single Family Residential	3 beds \| 2 baths \| 2,875 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.7% Airbnb Rental Income: $null Traditional Rental Income: $1915 Airbnb ROI: N/A Traditional ROI: 3.7%
2428 Main St Elwood, IN 2428 Main St, Elwood, IN 46036 \| Single Family Residential	2 beds \| 1 baths \| 1,563 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.3% Airbnb Rental Income: $null Traditional Rental Income: $1030 Airbnb ROI: N/A Traditional ROI: 4.3%
1305 S Anderson St Elwood, IN 1305 S Anderson St, Elwood, IN 46036 \| Single Family Residential	3 beds \| 2 baths \| 2,064 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.25% Airbnb Rental Income: $null Traditional Rental Income: $1853 Airbnb ROI: N/A Traditional ROI: 6.25%
1470 College Pkwy Elwood, IN 1470 College Pkwy, Elwood, IN 46036 \| Single Family Residential	4 beds \| 2 baths \| 2,974 sq.ft.	$489,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.6% Airbnb Rental Income: $null Traditional Rental Income: $2150 Airbnb ROI: N/A Traditional ROI: 2.6%
2013 S J St Elwood, IN 2013 S J St, Elwood, IN 46036 \| Single Family Residential	2 beds \| 1 baths \| 940 sq.ft.	$122,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.46% Airbnb Rental Income: $null Traditional Rental Income: $880 Airbnb ROI: N/A Traditional ROI: 4.46%
1400 Willow Walk Pkwy Elwood, IN 1400 Willow Walk Pkwy, Elwood, IN 46036 \| Single Family Residential	3 beds \| 2 baths \| 1,684 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.56% Airbnb Rental Income: $null Traditional Rental Income: $1744 Airbnb ROI: N/A Traditional ROI: 4.56%
615 N Anderson Street Elwood, IN Primary residence buyers may be eligible for a $7,500 lender grant program!! Inquire for m...	4 beds \| 2 baths \| 1,476 sq.ft.	$177,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.97% Airbnb Rental Income: $null Traditional Rental Income: $2023 Airbnb ROI: N/A Traditional ROI: 9.97%
2705 S B Street Elwood, IN Welcome to this beautifully updated ranch in the heart of Elwood! New Roof installed 3/20/...	2 beds \| 1 baths \| 962 sq.ft.	$172,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.69% Airbnb Rental Income: $null Traditional Rental Income: $1285 Airbnb ROI: N/A Traditional ROI: 5.69%
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.	$169,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.49% Airbnb Rental Income: $null Traditional Rental Income: $1600 Airbnb ROI: N/A Traditional ROI: 7.49%
10550 Chapa Boulevard Elwood, IN Discover unparalleled modern living at 10550 Chapa BLVD, ELWOOD, IN, USA. This single fami...	3 beds \| 2 baths \| 1,664 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.98% Airbnb Rental Income: $null Traditional Rental Income: $2108 Airbnb ROI: N/A Traditional ROI: 4.98%

Real Estate investment in Elwood, IN

There are 38 properties for sale in the city of Elwood . The median list price in Elwood is $152,450 and the average price per square foot is $101. In May 2026, the average monthly cash on cash return in Elwood is 6.00%. The average monthly rental income in Elwood is $1,285.

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

There are 38 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

928 S A St

Elwood, IN

3 beds | 1 baths | 2,112 sq.ft.

$94,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10%

Airbnb Rental Income: $null

Traditional Rental Income: $1148

Airbnb ROI: N/A

Traditional ROI: 10%

2107 S B St

Elwood, IN

2 beds | 2 baths | 808 sq.ft.

$149,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.44%

Airbnb Rental Income: $null

Traditional Rental Income: $1343

Airbnb ROI: N/A

Traditional ROI: 7.44%

904 N 13th St

Elwood, IN

3 beds | 2 baths | 1,614 sq.ft.

$214,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.46%

Airbnb Rental Income: $null

Traditional Rental Income: $1909

Airbnb ROI: N/A

Traditional ROI: 5.46%

1302 S E St

Elwood, IN

2 beds | 1 baths | 792 sq.ft.

$135,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.72%

Airbnb Rental Income: $null

Traditional Rental Income: $1140

Airbnb ROI: N/A

Traditional ROI: 6.72%

909 S A St

Elwood, IN

3 beds | 1 baths | 2,163 sq.ft.

$149,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.38%

Airbnb Rental Income: $null

Traditional Rental Income: $917

Airbnb ROI: N/A

Traditional ROI: 4.38%

2415 Main St

Elwood, IN

3 beds | 2 baths | 1,045 sq.ft.

$209,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.05%

Airbnb Rental Income: $null

Traditional Rental Income: $1805

Airbnb ROI: N/A

Traditional ROI: 7.05%

828 N 13th St

Elwood, IN

3 beds | 1 baths | 1,794 sq.ft.

$159,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.51%

Airbnb Rental Income: $null

Traditional Rental Income: $1441

Airbnb ROI: N/A

Traditional ROI: 7.51%

1309 N 8th St

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