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Off market
  • Price Unknown

    1550/1554 Timber Village Dr, Greenwood, IN 46142

    4beds
    2,200sqft
    MultiFamily
    Built in 1992
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,757 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,757/mo

    Zestimate® history
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    $1,757/mo

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    $1,757/mo

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    What's special

    Airbnb-friendly layout

    An incredible investment opportunity! This recently renovated multi-family home is located just minutes from Greenwood Mall in one of the area’s most desirable and high-demand locations. Whether you're looking for a property to live in full time, generate steady rental income, house-hack, or Airbnb for short-term rental profits, this home checks every box. Key Features: Multi-family home – Perfect for generating passive income. Fully renovated – Modern updates inside and out, move-in ready. Income-producing – Currently producing rental income, with potential to increase. Airbnb-friendly layout – Ideal for short-term or long-term rental strategies. Prime location near Greenwood Mall – Close to shopping, dining, schools, entertainment, and major highways. High demand area – Homes in this neighborhood rent quickly and appreciate in value. Low maintenance investment – Updated systems and finishes for peace of mind. Whether you’re an investor, first-time buyer looking to live in one unit while renting the others, or seeking a turnkey Airbnb property—this home offers versatility, convenience, and strong cash flow potential. **Showing is only available through appointments, currently both sides rented out please do not bother tenants**

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Forced air
    Interior area
    • Total interior livable area: 2,200 sqft

    Property

    Lot
    • Size: 5,662 Square Feet

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1992

    Community & HOA

    Location
    • Region: Greenwood

    Price history

    DateEventPrice
    2/3/2026Listing removed--
    Source: Owner Report a problem
    11/10/2025Listed for sale$450,000+75.8%$205/sqft
    Source: Owner Report a problem
    4/1/2021Sold$256,000$116/sqft
    Source: MIBOR as distributed by MLS GRID #21767750 Report a problem
    2/23/2021Pending sale$256,000$116/sqft
    Source: Carpenter Realtors, Inc. #21767750 Report a problem
    2/23/2021Listed for sale$256,000$116/sqft
    Source: Carpenter Realtors, Inc. #21767750 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 46142

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Center Grove Community

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.