406 S Walnut ST, Crawfordsville, IN 47933
406 S Walnut ST, Crawfordsville, IN 47933
406 S Walnut ST, Crawfordsville, IN 47933
406 S Walnut ST, Crawfordsville, IN 47933
406 S Walnut ST, Crawfordsville, IN 47933
406 S Walnut ST, Crawfordsville, IN 47933
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Listed by Lisa Taylor • Taylor Real Estate Specialists
$ 250,000
Est. payment | /mo

4,356 Sqft Lot


Save
$ 250,000
Est. payment | /mo
Save

4,356 Sqft Lot

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

MIBOR MLS

Nearby Locations

Marie Elmendorf

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406 S Walnut ST

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