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    Two-Unit Rental Property with Decks Title is generated by Realmo AI

    339 E Washington Street, Greensburg, IN 47240

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    For Sale
    $196,000

    MULTI_FAMILY - Other - Greensburg, IN

    Lot size:
    0.15 Acres
    Added:
    Jun 18, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 20 at 4:06 am

    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

    We can help!

    Listing Contact
    Linda Greiwe
    Linda Greiwe

    Listing agent Linda Greiwe License #RB14028414

    Listing office Lohmiller Real Estate W Eads Pkwy 523, Lawrenceburg, IN

    Listing date Jun 18, 2026

    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.

    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
    • Upper unit: 2 bed/1 bath
    • Covered front and back porches with wood decks; back deck includes a loading dock
    • Flood insurance required; zoning B‑1 with options to use bottom as a business or residential rental

    Overview

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic

    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 - 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
    (513) 371-5440
    We can help!
    Listing Contact
    Linda Greiwe
    Linda Greiwe
    Real Estate License ID: RB14028414
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