620 Brewer Place, Greenwood, IN 46142

Greenwood
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
620 Brewer Place,Greenwood, IN 46142
$239,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22097398
Source:IN_MIBOR

Price summary

  • Price:$239,900

About this home

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...

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Home facts

  • Year built:1965
  • Listing ID #:22097398
  • Added:15 day(s) ago
  • Updated:May 15, 2026 at 07:23 AM

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt
  • Year built:1965
  • Lot area:0.22 Acres
  • Lot Features:Corner Lot
  • Construction Materials:Brick
  • Foundation Description:Crawl Space

Finances and disclosures

  • Price:$239,900
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