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Listed by Lisa Taylor • Taylor Real Estate Specialists
$ 250,000
Est. payment /mo
Active
406 S Walnut ST Crawfordsville, IN 47933
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22113751
Year Built 1900
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Duplex
Property Description
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.
Location
State IN
County Montgomery
Zoning R2
Rooms
Basement Exterior Entry, Full, Storage Space, Unfinished
Interior
Cooling Central Air, Separate Meters
Fireplace N
Exterior
Exterior Feature Smart Lock(s)
View Y/N true
View Neighborhood
Building
Story Three Or More
Foundation Block, Brick/Mortar, Full
Architectural Style Traditional
Structure Type Aluminum Siding
New Construction false
Schools
Middle Schools Crawfordsville Middle School
School District Crawfordsville Community Schools
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