516 West Main Street Greensburg, IN 47240

Building Details

Year Built

1900

Listing agency Lincoln Realty, Inc. s***@aol.com Show Phone

Listed by Laurin Smith · License #RB14042781 Show Phone

Source Compass

Added: Sep 21, 2025 Updated: Jul 10 at 11:56AM Checked: Jul 21 at 6:48AM

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Investment Insights

Based on property information with market context.

This multifamily property offers an investment opportunity with a total of 17 units. The gross annual rents are $164,088, while annual utilities amount to $35,720 and annual taxes are $3,478. Paved parking is available at the rear of the property. Some remodeling was completed in 2022. The building at 518 West Main Street has a total area of 2,084 square feet and contains 8 units, including 2 units with a kitchen and living room/bedroom combination, and 6 efficiency units. All units have private bathrooms. The property at 516 West Main Street consists of three buildings. The front building includes one 2-bedroom unit with a kitchen and bath, along with 2 efficiency units with bathrooms. The buildings behind the front building contain 6 efficiency units, each with a bathroom. The total property size is 4,916 square feet.

Key Highlights

• High Gross Annual Rents: $164,088
• Total of 17 Units
• Paved Parking available

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FAQs

What type of property is this?

Apartment building - 17-unit multifamily property with recent remodeling and paved parking.

Where is this apartment building located?

The property is located at 516 West Main Street Greensburg, IN.

What is the asking price?

The asking price for this property is $700,000.

What are key features of this property?

This property features: High Gross Annual Rents: $164,088; Total of 17 Units; Paved Parking available