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Greensburg, IN

Multifamily

Greensburg, IN Multifamily Properties for Sale

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New Point, IN Batesville, IN Westport, IN Hartsville, IN Columbus, IN Rushville, IN Connersville, IN Osgood, IN

Two-Unit Rental Property with Decks

Updated: Jun 18

Two-Unit Rental Property with Decks

339 E Washington Street, Greensburg, IN 47240

$196,000

0.15 AC lot

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

Multifamily Investment Property in Greensburg

Updated: Sep 21, 2025

Multifamily Investment Property in Greensburg

516 West Main Street, Greensburg, IN 47240

$700,000

4,916 sqft

High Gross Annual Rents: $164,088
Total of 17 Units
Paved Parking available
Remodeling in 2022
All Units Have Private Bathrooms

Brand-New Duplex with Private Utility Rooms

412 South Ireland Street, Greensburg, IN 47240

Contact for pricing

1,960 sqft

Newly built duplex with separate electric utilities and three-bedroom units, each with private exterior utility access.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 3 Active listings in Greensburg, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex Residential Income Property

Duplex Residential Income Property

106 W Pennsylvania Street, Shelbyville, IN 46176

$324,900

2,610 sqft

For sale duplex in Shelbyville, suited for income-focused buyers seeking a two-unit residential structure.

Split-Level Duplex for Sale

Split-Level Duplex for Sale

739 Maple Street, Columbus, IN 47201

$240,000

0.14 AC lot

Built in 1905, this split-level duplex offers 1.5 stories and 2,296 square feet on a 6,000-square-foot lot.

Duplex Investment Opportunity

Duplex Investment Opportunity

328 E Mechanic Street, Shelbyville, IN 46176

$120,000

2,240 sqft 0.14 AC lot

Duplex with two dwelling units on a compact lot, offering flexibility for rental or owner-occupied arrangements.

Multi-Suite Retail and Residential

Multi-Suite Retail and Residential

1731-1739 Central Ave, Columbus, IN 47201

Contact for pricing

3,740 sqft

Two-building property with four fully rented rental suites, featuring two retail suites and two apartment suites.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Land Off US HWY

Prime Land Off US HWY

Briar Creek lot: #1, Lawrenceburg, KY 40342

$345,500

2.27 AC lot

2.27 acres with excellent visibility and easy access.

Sonora, KY Residential Land

Sonora, KY Residential Land

Silver Mine Road lot: 6, Sonora, KY 42776

$63,500

3.03 AC lot

3.03 acre residential tract in Sonora, Kentucky.

Vacant Land Near Glendale

Vacant Land Near Glendale

Tract 2 Bell Cemetery Road, Summersville, KY 42782

$75,500

7.00 AC lot

7 acres of vacant land with utilities near Glendale, KY.

Campton, KY Land For Sale

Campton, KY Land For Sale

Lower HollerTop Road lot: 31, Campton, KY 41301

$35,000

2.35 AC lot

2.35 acre lot near Red River Gorge.

Off-Market Properties in Greensburg, IN

Consider similar Off-Market properties in Greensburg, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

230 Main St

APARTMENT HOUSE (UNDER 5 UNITS)

230 Main St, Greensburg, IN 47240-2047

Value Estimation by Request

5,032 sqft 0.06 AC lot

220 Vine St

APARTMENT HOUSE (UNDER 5 UNITS)

220 Vine St, Greensburg, IN 47240-2145

Value Estimation by Request

2,280 sqft 0.24 AC lot

319 Hendricks St

APARTMENT HOUSE (UNDER 5 UNITS)

319 Hendricks St, Greensburg, IN 47240-1748

Value Estimation by Request

3,252 sqft 0.13 AC lot

301 Lincoln St

APARTMENT HOUSE (UNDER 5 UNITS)

301 Lincoln St, Greensburg, IN 47240-1713

Value Estimation by Request

3,570 sqft 0.31 AC lot

805 Broadway St

APARTMENT HOUSE (UNDER 5 UNITS)

805 Broadway St, Greensburg, IN 47240-2056

Value Estimation by Request

1,938 sqft 0.19 AC lot

207 Main St

APARTMENT HOUSE (UNDER 5 UNITS)

207 Main St, Greensburg, IN 47240-2048

Value Estimation by Request

4,032 sqft 0.07 AC lot

205 Main St

APARTMENT HOUSE (UNDER 5 UNITS)

205 Main St, Greensburg, IN 47240-2048

Value Estimation by Request

4,928 sqft 0.08 AC lot

640 Park Rd

MOBILE HOME PARK, TRAILER PARK

640 Park Rd, Greensburg, IN 47240-1957

Value Estimation by Request

3.39 AC lot

116 Main St

APARTMENT HOUSE (UNDER 5 UNITS)

116 Main St, Greensburg, IN 47240-1601

Value Estimation by Request

2,800 sqft 0.04 AC lot

1006-1010 En St

APARTMENT HOUSE (UNDER 5 UNITS)

1006-1010 En St, Greensburg, IN 47240

Value Estimation by Request

1,600 sqft 0.98 AC lot

Greensburg, IN Multifamily Properties Market Trends and Statistics

Explore 13 multifamily properties for sale in Greensburg, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,876 square feet of properties for sale, with an estimated market value of $896,000.

Sale prices for multifamily properties in Greensburg, IN start at $196,000, averaging $448,000, and reaching up to $700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 22K

Population Growth (5Y) -0.3%

Median Household Income $74,373

College Educated 24.8%

High-Yield Neighborhoods for Investment

Identify Greensburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
47240	$448K

Taxes & Financing

Tax Rate (average for all types) 2.11%

Property Tax per SF $33.74 per SF

Tax Rate vs County Average 0.02 pp above county avg

Average Loan-to-Value 65.0%

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