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Ranch Duplex with Updated Units
For Sale
$224,900
Pending

771 775 Kara Court, Greenfield, IN 46140

MULTI_FAMILY - Ranch - Greenfield, IN

Lot Size0.17 Acres
Days on Market49

Property Features for 771 775 Kara Court

General Information

Property type Residential Multi Family
Property subtype Duplex
Subdivision Oak Hollow
Lot features City Lot, Curbs, Street Lights, Zoned
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 Pending
APN 301105405015000009
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Oak Hollow Pt L15
Legal Description Oak Hollow Pt L15

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 1999
Floors in Building 1
Number of units 2
Building materials Vinyl Siding
Architectural style Ranch
Listing Agency: RE/MAX Realty Group · RE/MAX International
Listed By: Mark Dudley · License #RB14035819
Added: Jun 14 Changed: Jul 28 Last Checked: Aug 1 at 5:06PM
MLS# 22108096

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.

Investment Insights

Based on property information with market context.

This ranch-style duplex provides two units that are identical in size, with some updates already completed. Each unit includes outdoor space in the form of a small deck at the back of the property. The property is being marketed as residential income real estate, and it is currently tenant occupied.

The duplex is located at 771 775 Kara Court in Greenfield, Indiana 46140, in Hancock County. The listing notes that showings require a 24-hour notice for all appointments due to tenant occupancy.

For investors or buyers seeking an owner-occupied or managed rental, the identical unit configuration can simplify tenant turnover and maintenance planning, while the already-completed updates may help reduce near-term work. The presence of back decks provides practical outdoor space for residents, and the property’s current tenant status supports a straightforward transition for qualified buyers willing to coordinate with occupants for access.

Key Highlights

  • Ranch‑style property built in 1999
  • Vinyl siding exterior
  • Heating: forced air with natural gas

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Parking Lot & Garage Pharmacy Grocery & Convenience Store Electrical Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

392
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex offers two identical, partially updated units with a small back deck and tenant-occupied showings with 24-hour notice.
Where is this duplex located?
The property is located at 771 775 Kara Court Greenfield, IN.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Ranch‑style property built in 1999; Vinyl siding exterior; Heating: forced air with natural gas
More about this property
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