637 Kentucky Avenue, Plainfield, IN 46168

Plainfield
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
637 Kentucky Avenue,Plainfield, IN 46168
$399,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: angela tripp
Office: bluprint real estate group
MLS#:22120133
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$399,000

About this home

RARE INVESTMENT OPPORTUNITY IN THE HEART OF PLAINFIELD! This updated 6-bedroom, 3-bath duplex offers immediate income, established tenants and multiple investment strategies-all in one property. Each spacious side features 3 bedrooms, 1.5 baths, its own private driveway and attached garage, storage shed, private fenced patio area and access to the large backyard. Even better, each unit is separately metered with its own HVAC and water heater, while tenants are responsible for utilities and lawn care. Both units are currently occupied with long-term tenants, generating $3,175/month and $38,100 in annual gross scheduled rent. Unit 637 currently rents for $1,575/month, while Unit 639 rents for $1,600/month. What truly sets this property apart is its proven mid-term rental potential. Prior to its current long-term tenancy, Unit 639 operated as a fully furnished, 30+ day mid-term rental from December 2024 through December 2025. During that period, the unit maintained near-continuous...

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Home facts

  • Year built:1971
  • Subdivision & Development:Rolling Meadows
  • Listing ID #:22120133
  • Added:10 day(s) ago
  • Updated:September 06, 2026 at 07:37 AM

Heating and cooling

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

Structure and exterior

  • Roof:Asphalt
  • Year built:1971
  • Lot area:0.27 Acres
  • Construction Materials:Vinyl With Brick
  • Exterior Features:Barn Mini

Finances and disclosures

  • Price:$399,000

Parking

  • Garage:Yes
  • Garage spaces:2
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