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    339 E Washington St Greensburg, IN 47240

    For Sale
    $215,000

    Traditional, Duplex - Greensburg, IN

    Type:Duplex
    Lot size:
    0.15 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 5 at 11:06 pm

    Property Features for 339 E Washington St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Security features
    Smoke Detector(s)
    Zoning
    B1
    Rooms
    Basement
    APN
    161102440052010016
    Basement Y/N
    1
    Lot size
    0.15 Acres

    Utilities

    Cooling system
    Separate Meters

    Building Details

    Year built
    1920
    Number of units
    2
    Building materials
    Vinyl Siding
    Architectural style
    New Traditional

    Lohmiller Real Estate (513) 371-5440 [email protected]

    Listing agent Linda Greiwe (812) 537-1023 License #RB14028414

    Listing date Nov 6, 2025

    MLS# 22072155 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

    Greensburg Duplex with Business Potential

    This two-unit rental property is located within walking distance of downtown Greensburg. The property features new vinyl siding installed in 2020 and a newer roof. Both units are currently rented. The property includes covered front and back porches with wood decks. The lower unit has been completely renovated. Zoned B1, the property offers the flexibility to be used as a business or maintained as a residential rental. The lower unit was previously used by a catering company, and the back deck includes a loading dock. The lower unit is a one-bedroom, one-bath layout, while the upper level features two bedrooms and one bath. The lot size is 0.15 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Greensburg
    County
    Decatur
    State
    Indiana
    Longitude
    -85.479936
    Latitude
    39.337548

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    FAQs

    What type of property is this?
    Duplex - Two-unit rental property near downtown Greensburg with business zoning.
    Where is this duplex located?
    The property is located at 339 E Washington St Greensburg, IN.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: - Walking distance to downtown Greensburg.; - Zoned B-1: Potential for business use in the lower unit.; - **Lower unit completely renovated.**
    (812) 537-1023
    Request Owner's contact information
    339 E Washington St Greensburg, IN 47240
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    Greensburg, IN 47240
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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
    339 E Washington St Greensburg, IN 47240
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