507 S Pennsylvania Street, Greenfield, IN 46140

Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
507 S Pennsylvania Street,Greenfield, IN 46140
$160,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: gloria gear
Office: keller williams indy metro s
MLS#:22067691
Source:IN_MIBOR

Price summary

  • Price:$160,000

About this home

Discover a remarkable investment opportunity in the heart of Greenfield, Indiana, at 507-509 S Pennsylvania St. This inviting home is poised for your finishing touches, setting the stage for a lucrative cash-flowing property. Unit 509 offers an impressive layout with 3 spacious bedrooms, 1 bathroom, and a versatile loft currently used as a 4th bedroom. You'll also find a living room, a kitchen/breakfast area, and an enclosed porch equipped with washer/dryer hookups. Currently, this unit is generating a steady income of $1,200 per month, with a lease in place until August 2026. While the kitchen floor needs some repairs and both the kitchen and bathroom could use a modern update, the potential here is undeniable. Unit 507, a 1-bedroom, 1-bathroom space, features an open living area combined with a kitchen and breakfast nook, alongside an enclosed porch with washer/dryer hookups. This unit presents an exciting opportunity for a complete renovation of the kitchen and bathroom, as

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Home facts

  • Year built:1900
  • Listing ID #:22067691
  • Added:122 day(s) ago
  • Updated:February 12, 2026 at 04:28 PM

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Forced Air

Structure and exterior

  • Roof:Shingle
  • Year built:1900
  • Lot area:0.14 Acres

Schools

  • High school:Greenfield-Central High School
  • Middle school:Greenfield Central Junior High Sch

Finances and disclosures

  • Price:$160,000
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