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Two-Unit Rental Property with Decks

339 E Washington Street Greensburg, IN 47240

339 E Washington Street, Greensburg, IN, 47240
$196,000
For Sale
$196,000

MULTI_FAMILY - Other - Greensburg, IN

Lot Size0.15 Acres
Days on Market30

Property Features for 339 E Washington Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
B1
Rooms
Basement
Standard status
Active
APN
161102440052010016
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
40'-160' Se 1/4 2-10-9.

Utilities

Cooling system
Separate Meters

Building Details

Year built
1920
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Architectural style
Other
Listing Agency Lohmiller Real Estate
W Eads Pkwy 523, Lawrenceburg, IN
Listed by Linda Greiwe · License #RB14028414
Added: Jun 18 Checked: Jul 17 at 2:06 pm
MLS# 22108970 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This two-unit rental property offers covered front and back porches with wood decks. The exterior includes new vinyl siding installed in 2020 and a newer roof. The lower unit was completely renovated and both units are currently rented. Layouts include a 1-bedroom, 1-bath lower unit and a 2-bedroom, 1-bath upper unit, giving flexibility for tenant demand across different household sizes.

Located at 339 E Washington Street in Greensburg, the property is described as within walking distance to downtown. Zoned B1, it can be used as a business or maintained as a residential rental. The back deck has a loading dock, and the property is covered by a flood insurance requirement, with the current policy costing a little over $1,500 per year.

For buyers or operators seeking a small income-producing duplex, the renovated lower unit and current occupancy support an easy starting point. The B1 zoning also broadens the discussion for a use that can accommodate either continuing residential rentals or a business concept that aligns with B1. Prospective tenants and buyers should factor in the flood insurance requirement when underwriting total operating costs.

Key Highlights

  • 2‑unit rental property within walking distance to downtown Greensburg
  • New vinyl siding (2020) and newer roof
  • Lower unit: 1 bed/1 bath, fully renovated; both units are currently rented

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Carpet & Flooring Store (Bike/Boat/Book/etc) Store Barber Shop Catering Service Gym & Fitness Center Furniture & Home Goods Cafe & Coffee Shop Tech Support Center (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Well-maintained duplex with renovated lower unit and covered porches, zoned B1 for business or residential use.
Where is this duplex located?
The property is located at 339 E Washington Street Greensburg, IN.
What is the asking price?
The asking price for this property is $196,000.
What are key features of this property?
This property features: 2‑unit rental property within walking distance to downtown Greensburg; New vinyl siding (2020) and newer roof; Lower unit: 1 bed/1 bath, fully renovated; both units are currently rented
Contact an agent
More about this property
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