306 N State Street
Greenfield, IN 46140
- – beds
- – baths
- – sqft
- 7,449 sqft lot
- 1900 build
Seize this rare opportunity to acquire three fully rented residential properties in the heart of Greenfield, Indiana! With 9 total units, this package delivers immediate cash flow, minimal management hassle, and strong appreciation potential in one of Indiana's fastest-growing markets. 203 N Pennsylvania St., Greenfield, IN 46140 - Quadplex (4 Units), 306 N State St., Greenfield, IN 46140 - Triplex (3 Units), 216 E Lincoln St., Greenfield, IN 46140 - Duplex (2 Units). 100% Occupied & Turnkey - All tenants are thoroughly screened, financially stable, and qualified. Strong Rental Income - Generating $80,400/year in rents with potential for increases. High Cap Rate (+/- 7%) - A fantastic return for a cash buyer. Utilities run approximately $14,000 per year for all three properties. Either Rent, flip, or hold - this portfolio is built for flexibility. Package Deal Savings - Buy all three properties together for the best value! Tours are available after proof of financing and funds have been verified. Secure this cash-flowing, low-maintenance investment today! $4,573.03 - Total utilities for year 2024. Tenants pay an additional $80.00 per month for utilities.
Last checked:
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Last updated Mar 6, 2025
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MLS# 22024250 —
The Building
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Year Built:1900
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New Construction:false
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Levels:One and One Half
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Basement:true
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Green Certification:No
Location
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Directions:GPS Friendly
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Latitude:39.788255
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Longitude:-85.76973
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Triplex
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Parcel Number:300732401003004009
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Acres:<1/4 Acre
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Lot Size Acres:0.17
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Lot Size SqFt:7,449 Sqft
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Price Per Acre:3705882
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Additional Parcels:true
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Additional Parcels Description:30-07-32-401-050.000-009
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Current Use:Residential
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Road Access:Street Cuts
Listing Agent
- Contact info:
- Agent phone:
- (317) 843-7766
- Office phone:
- (317) 843-7766
Taxes
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Tax Lot:Unknown
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Tax Year:2023
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Semi Annual Property Tax Amt:1737
Utilities
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Solid Waste:Yes
Schools
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Middle Or Junior School:Greenfield Central Junior High Sch
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High School:Greenfield-Central High School
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High School District:Greenfield-Central Com Schools
The Community
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Subdivision Name:Meek & Hart
Extra Units
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# of Units Total:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/4/25
Mar 4, 2025
|
Listed / Active | MIBOR | $630,000 | 337.5% (76.1% / YR) |
|
9/27/20
Sep 27, 2020
|
MIBOR | $144,000 |
