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    234 N Brewer St Greenwood, IN 46142

    For Sale
    $249,000

    Contemporary, Duplex - Greenwood, IN

    Type:Duplex
    Lot size:
    0.15 Acres
    Days on Market:
    98
    Last Refresh:
    Dec 15 at 6:06 am

    Property Features for 234 N Brewer St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Security features
    Smoke Detector(s)
    Rooms
    Basement
    APN
    410232012059000026
    Basement Y/N
    1
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Heat Pump

    Building Details

    Year built
    1980
    Number of units
    2
    Building materials
    Wood Siding
    Roof type
    Asphalt
    Architectural style
    Contemporary

    Vital Equity Realty LLC (317) 362-7005 [email protected]

    Listing agent Dwayne May (317) 362-7005 License #RB14049939

    Listing date Sep 9, 2025

    MLS# 22061349 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Greenwood Duplex with Income Potential

    Located in Greenwood, Johnson County, Indiana, approximately 11 miles south of downtown Indianapolis, the property at 234 N Brewer St is a single-family residence converted into a duplex around 1980. Situated on a 6,298 sq ft lot, the property offers approximately 1,300 sq ft of living space. The downstairs unit features 2 bedrooms and 1 full bathroom, while the upstairs unit includes one bedroom and one bathroom. The property is located in suburban Southside Indianapolis, known for affordable housing, strong school options, and convenient access to major roads like I 65, I 465, and US 31. The home is equipped with forced-air heating and central air for cooling in the downstairs unit. The upstairs unit is heated and cooled by a split unit and baseboard heating if needed. Additional features include in-unit laundry hookups for a washer and dryer, vinyl plank flooring, a small basement, and off-street parking. This duplex presents a money-making opportunity, with the main unit on the first floor and the second unit on the second floor. The main floor is currently vacant. Nearby amenities include the Greenwood Park Mall, local restaurants, shops, and services. The area is served by schools in the Greenwood Community School Corporation, including Greenwood Middle School and Greenwood High School.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.107753
    Latitude
    39.619179

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    FAQs

    What type of property is this?
    Duplex - Duplex in Greenwood, IN with two units and desirable features.
    Where is this duplex located?
    The property is located at 234 N Brewer St Greenwood, IN.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - Duplex property offering income-generating potential with a vacant main floor unit ready for immediate occupancy or rental.; - Located in Greenwood, a desirable suburban area of Southside Indianapolis, known for affordable housing and strong school options.; - Convenient access to major roads (I-65, I-465, US-31) providing easy commuting.
    (317) 362-7005
    Request Owner's contact information
    234 N Brewer St Greenwood, IN 46142
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    Greenwood, IN 46142
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    234 N Brewer St Greenwood, IN 46142
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