Greenfield IN Multi Family for Sale
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1940
- Baths:
- MLS#:
- 21995048
- Subdivision:
- Boyd Acres
ADDITIONAL INFORMATION
This investment property, featuring two addresses and three separate, fully remodeled units, offers a fantastic opportunity for both short-term and long-term rental income. Located at 106 and 108, each unit comes fully furnished and shares a large common laundry space, making it ideal for traveling professionals or event-goers. The first address, 106, includes a spacious main floor unit with a large foyer, bedroom, living room, and kitchen. Additionally, it offers an efficiency unit that features a main floor foyer and a charming reading nook or extra storage space. The second address, 108, is a second-floor studio space boasting a generous living, bedroom, and kitchen area. The property also includes an oversized one car garage and paved parking. Currently, all three units are exclusively utilized as Furnished Finder or Airbnb rentals, achieving an impressive occupancy rate of over 90% (July 2023 - June 2024), with several bookings projected into next year. Most tenants are traveling professionals who rent on a monthly basis, though the property has also attracted visitors attending major events in Indianapolis, such as the Indy 500. With a successful rental model already in place, this property holds great potential for continued short-term rentals or could be easily transitioned to long-term tenants. Operating Expenses and Net Income listed below are average monthly. Don't miss out on this instant income producing property!
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Greenfield Real Estate
The median home value in Greenfield, IN is $284,687. This is higher than the county median home value of $176,100. The national median home value is $219,700. The average price of homes sold in Greenfield, IN is $284,687. Approximately 54.06% of Greenfield homes are owned, compared to 38.85% rented, while 7.09% are vacant. Greenfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Greenfield real estate agent to arrange a tour today!
Greenfield, Indiana has a population of 21,565. Greenfield is less family-centric than the surrounding county with 30.28% of the households containing married families with children. The county average for households married with children is 34.77%.
The median household income in Greenfield, Indiana is $52,130. The median household income for the surrounding county is $70,973 compared to the national median of $57,652. The median age of people living in Greenfield is 39.2 years.
Greenfield Weather
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 43 inches per year, with 20.6 inches of snow per year.