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Listed price in listed location currency (USD).
$239,900

000

MLS® 22097398

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1965
MLS® Number 22097398

Property Address: 620 Brewer Pl, Greenwood, IN, 46142-4005

Average square foot calculated using Size range provided by listing agent.

Description

Rare turnkey investment opportunity at 620-622 Brewer Place! This all-brick ranch duplex occupies a premium .22-acre corner lot in a quiet residential area where multi-family inventory is exceptionally scarce. Built in 1965-significantly newer than the area average-the property features two 1-bed/1-bath units (640 sq. ft. each) equipped with central HVAC and durable, low-maintenance ceramic tile flooring. Both units are fully tenant-occupied at $1, 000/mo (expires 6/30/26) and $960/mo (1/31/27), offering immediate cash flow with a streamlined utility structure: gas and electric are separately metered, and tenants reimburse for water/sewer. While currently updated and professionally managed by the Wilmoth Group, there is clear upside to further increase equity and rents through light cosmetic refreshments. Located in a proven south-side rental corridor, this property offers strong fundamentals for investors with close proximity to major employment drivers like St. Francis Hospital South and surrounding medical offices, supporting consistent tenant demand. Tenants will also benefit from easy access to the dense retail and dining options along the US-31 corridor, including Greenwood Park Mall, and the revitalizing Old Town Greenwood district. With quick connectivity to I-65 and an approximately 15-20 minute commute to Downtown Indianapolis, this location appeals to a wide tenant base, contributing to stable occupancy and long-term appreciation. Featuring no HOA, an asphalt driveway for ample off-street parking, and walkability to Northeast Park, this is a high-performance addition to any portfolio.
MLS® Number22097398
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1965
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 29, 2026List Date
$239,900List Price
  • Commute

Commute

Starting Address
Destination Address
620 Brewer Pl, Greenwood, IN

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