Greenfield IN Multi Family for Sale

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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!

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

The information is being provided by Metropolitan Indianapolis Board of REALTORS®. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.




Greenfield Real Estate

The median home value in Greenfield, IN is $242,600. This is lower than the county median home value of $284,200. The national median home value is $338,100. The average price of homes sold in Greenfield, IN is $242,600. Approximately 59.98% of Greenfield homes are owned, compared to 37.71% rented, while 2.32% 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 46140 has a population of 23,024. Greenfield 46140 is less family-centric than the surrounding county with 33.65% of the households containing married families with children. The county average for households married with children is 35.96%.

The median household income in Greenfield, Indiana 46140 is $63,952. The median household income for the surrounding county is $79,126 compared to the national median of $69,021. The median age of people living in Greenfield 46140 is 38.1 years.

Greenfield Weather

The average high temperature in July is 83.9 degrees, with an average low temperature in January of 18.6 degrees. The average rainfall is approximately 44.6 inches per year, with 18.9 inches of snow per year.

Greenfield Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    131
    30-day change

Greenfield Schools and Demographics

Education near Greenfield, IN

Metric City County
High School Graduates 91.72 93.32
College Degree - 2 year 10.72 9.48
College Degree - 4 year 23.72 32.57
Graduate Degree 6.47 8.55
Expenditures per Student 12,345 12,345
Students per Teacher 17.3 17.3

Elementary Schools near Greenfield, IN

School Grades Students P/T Ratio ZIP
Brandywine Elementary School KG - 06 299 21.4 46140
Eastern Hancock Elementary School KG - 05 483 19.3 46117
Eden Elementary School KG - 03 199 17.3 46140
Geist Montessori Academy KG - 08 367 33.4 46055
Harris Elementary School KG - 03 350 18.4 46140
J B Stephens Elementary School PK - 03 502 19.7 46140
McCordsville Elementary School KG - 05 568 19.6 46055
Mt Comfort Elementary School PK - 05 538 20.3 46140
New Palestine Elementary School PK - 06 602 30.9 46163
Sugar Creek Elementary School PK - 06 786 27.6 46163
Weston Elementary School KG - 03 336 17.7 46140

Middle Schools near Greenfield, IN

School Grades Students P/T Ratio ZIP
Doe Creek Middle School 07 - 08 571 22.8 46163
Eastern Hancock Middle School 06 - 08 278 13.9 46117
Greenfield Central Junior High School 07 - 08 717 23.9 46140
Greenfield Intermediate School 04 - 06 524 19.4 46140
Maxwell Intermediate School 04 - 06 509 18.9 46154

High Schools near Greenfield, IN

School Grades Students P/T Ratio ZIP
Eastern Hancock High School 09 - 12 416 14.3 46117
Greenfield-Central High School 09 - 12 1,439 21.6 46140
New Palestine High School 09 - 12 1,096 22.8 46163

Demographics near Greenfield, IN 46140

Metric Zip Code City
Neighborhood Type Suburban
Population 23,024 78,616
Population Density 1,698 257
Median Age 38.1 39.8
People per Household 2.3 2.5
Median Household Income 63,952 79,126
Average Income per Capita 31,994 38,485