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516 & 518 W Main Street

Greensburg, IN 47240
  • $700,000
  • STATUS: Active
  • ON SITE: 203 Days
  • MLS #: 22073536
UPDATED: 8 min ago
$700,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:

School Information

Elementary School:
School District:

Description

INVESTMENT OPPORTUNITY Gross Rents are 164,088 yr Utilities are 39,220 yr. Taxes are 3,478 yr. Paved parking in back. Some remodeling in 2022 to current. 518 is 2,084 sf with 8 units, 2 have a Kitchen & Livingroom/Bedroom Combo & 6 are efficiency units. All have private bathrooms. 516 is 3 Buildings - The front building is 1- 2Bedroom Kit & Bath, 2 Efficiency units w/Baths. The buildings behind are all efficiency units with bathrooms x 6. 17 UNITS TOTAL.

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© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-06-06T18:25:46.02. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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516 & 518 W Main Street Greensburg, IN 47240

  • Price: $700,000
  • Status: Active
  • On Site: 203 Days
  • Updated: 8 min ago
  • MLS #: 22073536
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1900
Built
Neighborhood:
1605 - Decatur - Washington
County:
Decatur
Area:
1605 - Decatur - Washington
Elementary School:
Greensburg Elementary
Middle School:
Greensburg Community Jr High
High School:
Greensburg Community High School
School District:
Greensburg Community
Property Description
INVESTMENT OPPORTUNITY Gross Rents are 164,088 yr Utilities are 39,220 yr. Taxes are 3,478 yr. Paved parking in back. Some remodeling in 2022 to current. 518 is 2,084 sf with 8 units, 2 have a Kitchen & Livingroom/Bedroom Combo & 6 are efficiency units. All have private bathrooms. 516 is 3 Buildings - The front building is 1- 2Bedroom Kit & Bath, 2 Efficiency units w/Baths. The buildings behind are all efficiency units with bathrooms x 6. 17 UNITS TOTAL.
Exterior Features

Levels One Lot Information CurbsNot In SubdivisionSidewalksStorm SewerStreet LightsSee Remarks Parking Features Asphalt Road Frontage Type City Street Road Surface Type Asphalt Roof AsphaltShingle Structure Type Apartment Complex Unit Parking Parking Lot

Interior Features

Basement Partial Basement YN Yes Building Area Total 4916 Ceiling Height 8 Cooling None Heating BaseboardElectric

Property Features

Acres 1/4-1/2 Acre Building Utilities Separate Gas MeterSewerWater Current Financing Conventional Current Use Apt>20 Divisible Yes Dpr YN No Electric 200+ Amp Service Laundry Common Laundry Multi Tenants Yes New Construction YN No Number Of Units Total 17 Owner Pays All Utilities Possession Subject to Tenant Rights Possible Use Apt>20 Property Attached YN Yes Property Sub Type Multi-Family 5+ Semi Annual Property Tax Amt 1932 Solid Waste No Space Available 4916 Tax Exemption None Tax Year 2025 Tenant Pays No Utilities Township Washington Transaction Type Sale Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedSee Remarks Zoning family apartments 401

Listing provided courtesy of Lincoln Realty, Inc.: . © 2026 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-06-06T18:25:46.02. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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