507 S Pennsylvania Street, Greenfield, IN 46140

Building Details

Year built

1900

Floors in Building

2

Number of units

2

Building materials

Vinyl Siding

Roof type

Shingle

Architectural style

Other

Listing agent Gloria Gear License #RB16001575 Show Phone

Listing office Keller Williams Indy Metro S j***@kw.com Kingston St Ste 100 8102, Avon, IN Show Phone

Listing date Oct 13, 2025

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MLS# 22067691 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.

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Overview

This duplex includes two separate units at 507 and 509 S Pennsylvania Street. Unit 509 features three bedrooms plus a loft used as a fourth bedroom, along with one bathroom, a living room, a kitchen/breakfast area, and an enclosed porch with washer/dryer hookups. The kitchen floor requires repairs, and both the kitchen and bathroom could use updates. Unit 507 offers one bedroom and one bathroom with an open living area that combines with the kitchen and breakfast nook, plus an enclosed porch with washer/dryer hookups; it presents a renovation opportunity for the kitchen and bathroom, along with fresh paint and flooring.

Unit 509 is currently generating $1,200 per month and has a lease in place through August 2026. The property is being sold As-Is.

For buyers seeking a duplex with defined unit separation and in-unit washer/dryer hookups, this layout can support a range of renovation strategies while retaining existing tenancy in Unit 509. With a new roof, furnaces, and water heaters already in place, the scope appears focused on interior finishes and select kitchen-related repairs and updates. The enclosed porches provide additional covered space for each unit’s daily use.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

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FAQs

What type of property is this?

Duplex - Duplex with two units, one leased through August 2026, offering enclosed porches with washer/dryer hookups.

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 $150,000.

What are key features of this property?

This property features: Two‑unit property at 507‑509 S Pennsylvania St, Greenfield, IN; Unit 509: 3 bedrooms plus loft (used as 4th bedroom), 1 bathroom, enclosed porch with washer/dryer hookups; Unit 509 current income: $1,200/month with a lease in place until August 2026