406 S Walnut Street, Crawfordsville, IN 47933

$250,000

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List Price
$250,000
MLS#
22113751
Days on Market
15
Status
ACTIVE

Property 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.

Additional Information

Expenses
250
Tenant Pays
Cable TV, Electricity, Insurance, Trash Collection
Owner Pays
Gas, Ins Hazard, Insurance, Lawncare, Taxes, Sewer, Water
Basement
Exterior Entry, Full, Storage Space, Unfinished
Foundation
Block, Brick/Mortar, Full
Stories
Three Or More
Architecture
Traditional
Exterior Amenities
Smart Lock(s)
Acres
0.10
Heat
Forced Air, Natural Gas, High Efficiency (90%+ AFUE )
Cooling
Central Air, Separate Meters
Financing
Conventional, FHA, VA
Region
Union

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Taylor Real Estate Specialists.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative