406 S Walnut Street, Crawfordsville, IN 47933
- $250,000
- $250,000
Description
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.
Address
Open on Google Maps-
Address: 406 S Walnut Street
-
City: Crawfordsville
-
State/county: IN
-
Zip/Postal Code: 47933
-
Area: No Subdivision
Details
Updated on July 14, 2026 at 4:51 pm-
Property ID 22113751
-
Price $250,000
-
Land Area 0.1 Acres
-
Garage Size x x
-
Year Built 1900
-
Property Type Duplex, Residential Income
-
Property Status Active
Additional details
-
Cooling Central Air,Separate Meters
-
Heating Forced Air,Natural Gas,High Efficiency (90%+ AFUE )
-
County Montgomery
-
Property Type Residential Income
-
Parking Gravel
-
Middle School Crawfordsville Middle School
-
Architectural Style Traditional
Features
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees