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516 & 518 W Main Street
Greensburg, IN 47240

Active
$700,000
Est. Mortgage: $4,429/mo Get Pre-Qualified
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Active
type
Multi-Family Home
sq.ft.
4,916
mls #
22073536
Multi-Family Home
Call Us Contact Us

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.

Property Details

school district
Greensburg Community
built
1900
stories
1
MLS#
22073536

Interior Features

  • Electric heat
  • Baseboard heat
  • No cooling
  • Cable television available
  • Partial basement

Exterior Features

  • Elementary school: Greensburg Elementary
  • Middle school: Greensburg Community Jr High
  • High school: Greensburg Community High School
  • Lot acreage is: 0.3
  • Lot sqft: 1440
  • Lot zoned: family apartments 401
  • Road surface: Asphalt
  • Road frontage: City Street
  • Building Name: "The Alley"_
  • Asphalt roof
  • Shingle roof
  • Asphalt driveway
  • Electric Type: 200+ Amp Service
  • Levels in property: One
  • Units in building(s): 17
  • For sale
  • Tax year: 2025
Courtesy of:
Lincoln Realty, Inc.
[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

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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

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Mortgage Payment

The approximate monthly principal & interest payment for this property would be $4,428.73.

This payment is based on a 30-year loan at a fixed rate of 6.750 % - APR 7.010 % with a down payment of $35,000. 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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516 & 518 W Main Street, Greensburg, IN 47240 multi-family home offered for sale at $700,000.
Information Deemed Reliable But Not Guaranteed. ©2026 Metropolitan Indianapolis Board of REALTORS®.