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  • Price cut: $10K (5/1)
    $150,000

    507 S Pennsylvania St, Greenfield, IN 46140

    4beds
    2baths
    --sqft
    : 
    $1,007/mo
    Get pre-qualified
    Multi Family, Duplex
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Versatile loftEnclosed porchImpressive layout
    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 well as fresh paint and flooring throughout, allowing you to customize it to your vision. With a new roof, furnaces, and water heaters already in place, this property is a solid investment and being sold As-Is.
    286 days
    |
    875
    |
    56
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gloria Gear 317-750-4998,

    Keller Williams Indy Metro Partners

    Source: MIBOR as distributed by MLS GRID,MLS#: 22067691MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • Window Unit(s)
      Appliances
      • Laundry: Connections All

      Property

      Parking
      • Details: Unit Parking(On Street)
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 6,098 Square Feet
      Details
      • Parcel number: 301105109003000009
      • Special conditions: As Is

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Multi Family, Duplex
      Materials
      • Vinyl Siding
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1900

      Community & HOA

      Community
      • Subdivision: No Subdivision
      Location
      • Region: Greenfield

      Financial & listing details

      • Annual tax amount: $2,900
      • Date on market: 10/13/2025
      • Cumulative days on market: 274 days
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/26/2026Listed for sale$150,000
        Source: MIBOR as distributed by MLS GRID #22067691 Report a problem
        6/17/2026Pending sale$150,000
        Source: MIBOR as distributed by MLS GRID #22067691 Report a problem
        5/1/2026Price change$150,000-6.3%
        Source: MIBOR as distributed by MLS GRID #22067691 Report a problem
        1/13/2026Listed for sale$160,000
        Source: MIBOR as distributed by MLS GRID #22067691 Report a problem
        1/10/2026Pending sale$160,000
        Source: MIBOR as distributed by MLS GRID #22067691 Report a problem
        10/13/2025Listed for sale$160,000+168.9%
        Source: MIBOR as distributed by MLS GRID #22067691 Report a problem
        3/15/2000Sold$59,500
        Source: MIBOR as distributed by MLS GRID #2004052 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46140

        Getting around

        64 / 100
        Somewhat Walkable
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Greenfield Central Junior High Sch
        • High: Greenfield-Central High School

        Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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