Two-Unit Duplex with New
New
For Sale
$120,000
507 S Pennsylvania Street, Greenfield, IN 46140
Residential Income, Greenfield, IN
Property SizeContact for details
Lot Size0.14 Acres
Days on Market2
Property Features for 507 S Pennsylvania Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4
Subdivision
No Subdivision
Middle school
Greenfield Central Junior High Sch
High school
Greenfield-Central High School
Elementary school district
Greenfield-Central Com Schools
Middle school district
Greenfield-Central Com Schools
High school district
Greenfield-Central Com Schools
Directions
GPS Friendly
Standard status
Active
APN
301105109003000009
Lot size
0.14 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2024
Tax Description
David S Gooding L5 Of O L3 & 4 Of Piersons 2nd
Tax Annual Amount
2900
Legal Description
David S Gooding L5 Of O L3 & 4 Of Piersons 2nd
Utilities
Heating system
Forced Air
Cooling system
Window Unit(s)
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
Other
Listing Agency:
Keller Williams Indy Metro Partners · Keller Williams Realty
Listed By:
Gloria Gear · License #LB16001575
(317) 271-5959
Added: Nov 5
Last Checked: Nov 6 at 12:06PM
MLS# 22135324
Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This two-unit duplex has vinyl siding and a shingle roof, with a new roof, furnaces, and water heaters. The leased residence includes three bedrooms plus a loft that can serve as a fourth bedroom, an enclosed porch, and washer/dryer hookups. The second residence has one bedroom, one bathroom, an open floor plan, and washer/dryer hookups; it is vacant. The property is offered as-is.
Forced-air heating and window-unit cooling serve the building. The lot measures 0.14 acres and the property is in Greenfield, Indiana.
Forced-air heating and window-unit cooling serve the building. The lot measures 0.14 acres and the property is in Greenfield, Indiana.
Key Highlights
- New roof, furnaces, and water heaters
- Leased residence has 3 bedrooms plus a loft or fourth bedroom
- Vacant residence has 1 bedroom, 1 bathroom, and an open floor plan
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
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Business Placement
Demographics for 46140, IN
41,708
Population
18,167
Households
2.3
Avg Household Size
42
Median Age
27%
College-Educated
93%
High-School Grad
172.5 sq mi
ZIP Area
242
Density / Sq Mi
$82,850
Median Household Income
$47,837
Median Earnings
$1,099
Median Rent
$227,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is leased through August 2026, while the other is vacant and configured with one bedroom and one bath.
Where is this duplex located?
The property is located at 507 S Pennsylvania Street Greenfield, IN.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: New roof, furnaces, and water heaters; Leased residence has 3 bedrooms plus a loft or fourth bedroom; Vacant residence has 1 bedroom, 1 bathroom, and an open floor plan
