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406 S Walnut Street Crawfordsville, IN $ 250,000
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$ 250,000 Get more info
406 S Walnut Street
$ 250,000
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406 S Walnut Street

Crawfordsville, IN, 47933
$ 250,000
Baths0.0

Monthly Estimate*

$ 1,579

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Studio

Multi-Family Home for sale in Crawfordsville, IN

for $250,000. This home was built in 1900 on a lot size of 0.1.

Extensively remodeled down to the studs, this beautifully updated duplex offers a turnkey investment opportunity in the heart of Crawfordsville. Featuring two well-appointed units totaling 2,520 square feet, the property generates $2,400 in monthly rental income, with the one-bedroom, one-bath unit renting for $950 per month and the spacious three-bedroom, one-and-a-half-bath unit renting for $1,450 per month. Each unit includes central air, gas heat, laundry hookups, range/oven, refrigerator, and the larger unit also features a dishwasher. This property is an excellent option for investors seeking immediate cash flow or buyers planning ahead for future owner occupancy. Once the current leases expire, you could choose to live in one unit while renting the other to help offset your mortgage. Please note that both units are currently occupied and subject to tenant rights until June,2027. Conveniently located near downtown Crawfordsville, shopping, dining, parks, and schools, this fully renovated duplex is a rare opportunity to own a low-maintenance, income-producing property with long-term flexibility.

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Multi-Family Active

Price

$ 250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 856

Style

Traditional

Lot Size

0.1

Year Built

1900

Town/City

Crawfordsville

County/Region

Montgomery

MLS | Web ID

22113751
Features
General
Heating Forced Air Natural Gas High Efficiency (90%+ AFUE )
Cooling Central Air Separate Meters
Possession Subject to Tenant Rights
Zoning R2
Architectural Style Traditional
Security Features Smoke Detector(s)
Construction Materials Aluminum Siding
Year Built 1900
Tenant Pays Cable TV Electricity Insurance Trash Collection
View Neighborhood
Township Union
Levels Three Or More
Property Subtype Duplex
Tax Year 2025
Current Use Apt<20
County Montgomery
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Possible Use Apt<20
Status Active
Directions GPS Friendly
City Crawfordsville
High School District Crawfordsville Community Schools
Number Of Units Total 2
MLS Area 5405 - Montgomery - Union
Lot Size Square Feet 4443
Carport Spaces 0
Property Attached Y/N N
Current Financing Conventional FHA VA
Middle/Junior High School Crawfordsville Middle School
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Standard Status Active
Tax Lot 22-23
Legal Description Pt Lots 22 & 23 I T Canbys Add Block 26
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Interior
Basement Exterior Entry Full Storage Space Unfinished
Basement (Y/N) Y
Laundry Features Connections All Main Level Upper Level
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Exterior
Exterior Amenities Smart Lock(s)
Parking Features Gravel
Lot Features City Lot Curbs Not In Subdivision Sidewalks Street Lights Mature Trees
Foundation Details Block Brick/Mortar Full
Lot Size Acres 0.1
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type City Street
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* Excluded Features
List By
Taylor Real Estate Specialists

Broker

Lisa@Taylor-RES.com

Email

Affordability Calculator

$1,650
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,579
Monthly Property Taxes
$71
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4045162 Elementary School
4053176 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
7/14/2026 $250,000 Listed Price

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406 S Walnut Street, Crawfordsville, IN, 47933 is a Multi-Family Home for sale at $250,000 with a lot size of 0.1. 406 S Walnut Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 47933 which is in Crawfordsville, IN

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