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406 S Walnut Street
Crawfordsville, IN 47933

Active
$250,000
Est. Mortgage: $1,582/mo Get Pre-Qualified
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Active
type
Duplex
mls #
22113751
Duplex
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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.

Property Details

school district
Crawfordsville Community
architecture
Traditional
built
1900
stories
3
MLS#
22113751

Interior Features

  • Central air
  • Forced air heat
  • Natural gas heat
  • Smoke alarm
  • Unfinished basement
  • Full basement

Exterior Features

  • Middle school: Crawfordsville Middle School
  • On street parking
  • Aluminum siding
  • Lot acreage is: 0.1
  • Lot sqft: 4443
  • Subdivision: No Subdivision
  • Lot zoned: R2
  • Road surface: Asphalt
  • Road frontage: City Street
  • Lot number: 22-23
  • Gravel driveway
  • Levels in property: Three Or More
  • Units in building(s): 2
  • Warranty included
  • Tenant expenses: Cable TV,Electricity,Insurance,Trash Collection
  • For sale
  • Tax year: 2025

Room Dimensions

  • Laundry room on main floor
Courtesy of:
Taylor Real Estate Specialists
[email protected]

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By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

Hanna Community View What It's Like to Live Near Here

Call (855) 464-2662

855-GO-HANNA
We are standing by to assist you.
or

Want to make an offer? Select the button below!

Make an Offer
Select a preferred date & time
Have you been pre-approved for a mortgage?

On submitting this form, you'll receive a one-time text message with verification code to confirm the mobile phone number.

By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

Mortgage Help

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Mortgage Payment

The approximate monthly principal & interest payment for this property would be $1,581.69.

This payment is based on a 30-year loan at a fixed rate of 6.750 % - APR 7.010 % with a down payment of $12,500. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.

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406 S Walnut Street, Crawfordsville, IN 47933 duplex offered for sale at $250,000.
Information Deemed Reliable But Not Guaranteed. ©2026 Metropolitan Indianapolis Board of REALTORS®.