Discover a unique income-producing opportunity in the growing community of Greenfield. Originally built as a single-family residence, this property has been thoughtfully converted into a two-unit duplex, offering flexibility for investors, house-flippers, or buyers looking to create value through updates and improvements. Unit A, the larger of the two units, is currently tenant occupied. Unit B, the smaller unit, has seen recent improvements and offers additional potential with light finishing touches. One of the units would benefit from cleaning and updates, presenting a great opportunity for the next owner to transform the space into their own vision-truly a canvas of possibilities. Situated in a quiet residential area of Greenfield, the property offers convenient access to major highways and commuter routes, making travel to Indianapolis quick and easy. Greenfield itself is experiencing rapid growth and revitalization, with new shopping, dining, and entertainment options continuing to expand throughout the area. The community also offers highly regarded schools and a welcoming small-town feel, while still being just a short drive from the nightlife, events, employment, and educational opportunities found in downtown Indianapolis. While the property does require some TLC in one of the units, it presents an excellent opportunity for a first-time investor looking to live in one unit while renovating or renting the other. It also holds strong potential for short-term rental possibilities or as a value-add addition to a seasoned investor's portfolio. Whether you're searching for your first investment property or your next project with strong upside, this versatile duplex offers income potential, location convenience, and room to build equity in one of Hancock County's growing communities.
Partially furnished, renovated duplex offering nearly 3,000 sq ft and an excellent investment or owner-occupant opportunity in a convenient Greenfield location. This move-in-ready property features major mechanical updates, including newer HVAC systems, furnaces, water heaters, double-hung vinyl windows, and a roof installed in 2022. The larger unit offers three bedrooms with a main-level primary bedroom, spacious living and dining areas, and updated interior finishes, while the second unit provides comfortable living space ideal for rental income. Each unit includes its own appliances, laundry, and utilities, along with access to an oversized two-car detached garage. Ideal for investors or buyers seeking to live in one unit while renting the other.
Discover a remarkable investment opportunity in the heart of Greenfield, Indiana, at 507-509 S Pennsylvania St. This inviting home is poised for your finishing touches, setting the stage for a lucrative cash-flowing property. Unit 509 offers an impressive layout with 3 spacious bedrooms, 1 bathroom, and a versatile loft currently used as a 4th bedroom. You'll also find a living room, a kitchen/breakfast area, and an enclosed porch equipped with washer/dryer hookups. Currently, this unit is generating a steady income of $1,200 per month, with a lease in place until August 2026. While the kitchen floor needs some repairs and both the kitchen and bathroom could use a modern update, the potential here is undeniable. Unit 507, a 1-bedroom, 1-bathroom space, features an open living area combined with a kitchen and breakfast nook, alongside an enclosed porch with washer/dryer hookups. This unit presents an exciting opportunity for a complete renovation of the kitchen and bathroom, as well as fresh paint and flooring throughout, allowing you to customize it to your vision. With a new roof, furnaces, and water heaters already in place, this property is a solid investment and being sold As-Is.
Incredible investment opportunity in the heart of Greenfield. Duplex which has been totally restored and updated now has an apartment up with all appliances and separate utilities and one of Greenfield's finest Airbnb's down. Both professionally managed and in prime location to benefit from Greenfield's charming downtown attractions -- restaurants, breweries, Pennsy Trail, The Depot, galleries and much more!
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Greenfield is located in Indiana. Greenfield, Indiana has a population of 23,024. Greenfield is less family-centric than the surrounding county with 33.43% of the households containing married families with children. The county average for households married with children is 35.96%.
The median household income in Greenfield, Indiana is $63,952. The median household income for the surrounding county is $79,126 compared to the national median of $69,021. The median age of people living in Greenfield is 38.1 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 18.6 degrees. The average rainfall is approximately 44.6 inches per year, with 18.9 inches of snow per year.
