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507 S Pennsylvania St Greenfield, IN 46140

For Sale
$160,000

Traditional, Duplex - Greenfield, IN

Type:Duplex
Lot size:
0.14 Acres
Days on Market:
56
Last Refresh:
Dec 7 at 5:06 am

Property Features for 507 S Pennsylvania St

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Standard status
Active
APN
301105109003000009
Lot size
0.14 Acres

Utilities

Heating system
Forced Air
Cooling system
Multi Units, Window Unit(s)

Building Details

Year built
1900
Number of units
2
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
New Traditional

Keller Williams Indy Metro West (317) 271-5959 [email protected]

Listing agent Gloria Gear (317) 271-5959 License #RB16001575

Listing date Oct 13, 2025

MLS# 22067691 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

Greenfield Duplex: Investment Opportunity

Located in Greenfield, Indiana, the property at 507-509 S Pennsylvania St presents an investment opportunity. Unit 509 features 3 bedrooms, 1 bathroom, and a loft currently used as a 4th bedroom. It also includes a living room, a kitchen/breakfast area, and an enclosed porch with washer/dryer hookups. This unit is currently generating $1,200 per month with a lease in place until August 2026. The kitchen floor requires repairs, and both the kitchen and bathroom could benefit from updates. Unit 507 is a 1-bedroom, 1-bathroom space with an open living area combined with a kitchen and breakfast nook, and an enclosed porch with washer/dryer hookups. This unit offers the opportunity for a complete renovation of the kitchen and bathroom, along with fresh paint and flooring. The property has a new roof, furnaces, and water heaters. The lot size is 0.14 acres.
Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Greenfield
County
Hancock
State
Indiana
Longitude
-85.770863
Latitude
39.780196

FAQs

What type of property is this?
Duplex - Duplex in Greenfield, Indiana, with income potential and renovation opportunity.
Where is this duplex located?
The property is located at 507 S Pennsylvania St Greenfield, IN.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: - Income-generating property: Unit 509 currently generates $1,200/month with a lease in place until August 2026.; - Unit 509 features **3 bedrooms, 1 bathroom, and a versatile loft** (used as a 4th bedroom).; - New roof, furnaces, and water heaters already installed.
More about this property
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