214 N Vine Street, Plainfield, IN 46168
  • $249,900
  • $249,900

Description

Opportunities like this don’t come around often – a true turnkey duplex in one of Plainfield’s most exciting and fast-growing locations. Whether you’re an investor looking for immediate cash flow or a savvy buyer wanting to house hack, this property checks all the boxes. One unit is already occupied by a strong, long-term tenant at a solid rental rate, providing reliable income from day one. No guessing. No vacancy risk on half the property. Just immediate, predictable cash flow the moment you close. The second unit has been thoughtfully refreshed with fresh paint and new flooring, making it fully rent-ready. Lease it out to maximize returns – or live in one side and let the existing tenant significantly offset your mortgage. This is a fantastic opportunity for an owner-occupant to build equity while dramatically reducing monthly expenses. Even better, major capital improvements have already been taken care of. A brand new roof and decking installed in 2025 eliminate one of the biggest potential investor expenses for years to come. This is a low-maintenance, low-hassle asset designed to perform. And the location? It’s hard to beat. Situated in Downtown Plainfield, you’re steps from the town’s continued growth, redevelopment, and expanding restaurant scene. New dining, local shops, trails, and community events continue to drive demand and make this area one of the most desirable rental pockets in Hendricks County. Strong location + consistent rental demand = long-term stability and appreciation potential. Whether you’re adding to your portfolio or buying your first investment property, this duplex offers immediate income, minimal deferred maintenance, and positioning in a thriving downtown corridor.

  • Address: 214 N Vine Street
  • City: Plainfield
  • State/county: IN
  • Zip/Postal Code: 46168

Details

Updated on March 13, 2026 at 5:23 pm
  • Property ID 22084890
  • Price $249,900
  • Land Area 0.09 Acres
  • Garage Size x x
  • Year Built 1926
  • Property Type Duplex, Residential Income
  • Property Status Closed

Additional details

  • Roof Shingle
  • Cooling Central Air
  • Heating Forced Air,Natural Gas
  • County Hendricks
  • Property Type Residential Income
  • Parking Alley Access
  • Elementary School Central Elementary School
  • Middle School Plainfield Community Middle School
  • High School Plainfield High School
  • Architectural Style Traditional

Features

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Contact Information

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Preeti Chaggar

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