507 S Pennsylvania Street Greenfield, IN $ 120,000
507 S Pennsylvania Street
$ 120,000
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507 S Pennsylvania Street

Greenfield, IN, 46140
$ 120,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 829

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Multi-Family Home for sale in Greenfield, IN

for $120,000. This home was built in 1900 on a lot size of 0.14.

Great duplex with massive value-add potential! Located at 507-509 S Pennsylvania St, this Greenfield property is the ideal addition to any portfolio. Heavy lifting on big-ticket items is complete with a new roof, new furnaces, and new water heaters already installed. Unit 509 offers immediate cash flow at $1,200/month (leased through August 2026) featuring 3 bedrooms plus a versatile loft/4th bedroom, enclosed porch with W/D hookups, and room for cosmetic updates. Unit 507 is a vacant 1-bed, 1-bath unit with an open floor plan and W/D hookups-perfect for a full renovation to set market rent. Sold As-Is.

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Multi-Family Active

Price

$ 120,000

Property Type

Multi-Family

Taxes

$ 2,900

Style

Traditional

Lot Size

0.14

Year Built

1900

Town/City

Greenfield

County/Region

Hancock

MLS | Web ID

22135324

Features
General
Heating Forced Air
Cooling Window Unit(s)
Possession Closing
Roof Shingle
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1900
Tenant Pays All Utilities
Township Center
Levels Two
Property Subtype Duplex
Tax Year 2024
Current Use Residential
County Hancock
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Status Active
Directions GPS Friendly
High School Greenfield-Central High School
City Greenfield
High School District Greenfield-Central Com Schools
Number Of Units Total 2
MLS Area 3005 - Hancock - Center
Lot Size Square Feet 6098
Middle/Junior High School Greenfield Central Junior High Sch
Structure Type Duplex
Standard Status Active
Tax Lot 3 & 4
Legal Description David S Gooding L5 Of O L3 & 4 Of Piersons 2nd
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Interior
Laundry Features Connections All
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Exterior
Lot Size Acres 0.14
Road Surface Type Asphalt
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* Excluded Features
List By
Keller Williams Indy Metro Partners

Broker

gloria@gearregroup.com

Email

Affordability Calculator

$1,070
Per Month
77%
23%
0%
Monthly Principal & Interest
$829
Monthly Property Taxes
$242
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044923 Elementary School
4052805 Middle School
Greenfield-Central High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2026$120,000 Listed Price

Map


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507 S Pennsylvania Street, Greenfield, IN, 46140 is a Multi-Family Home for sale at $120,000 with a lot size of 0.14. 507 S Pennsylvania Street has 0.0 baths and was built in 1900. The property's zip code is 46140 which is in Greenfield, IN