Key facts
- Lot
- 0.24 acres
- Year built
- 1973
- Type
- Residential Income · Duplex
- Stories
- One
- Garage
- 2 spaces
- MLS #
- 22123030
- County
- Hancock
- Subdivision
- Candlelite Village
About this home
Rare investment opportunity in the Greenfield area! This duplex offers great cash-flow potential and would also be an excellent option for an owner-occupant looking to house hack by living in one unit while renting out the other. The main-level unit at 1240 has been completely renovated and features 3 bedrooms, 1.5 baths, new flooring, new cabinets and countertops, fresh paint, updated light fixtures, and a stainless steel refrigerator. The upper-level unit at 1240 1/2 features 2 bedrooms and 1 full bath and has also received several updates. Each unit includes a range, refrigerator, garbage disposal, laundry connections, and garage access with space for two vehicles, plus plenty of additional parking. With very few duplexes available in the Greenfield area, this is a great opportunity for an investor or someone looking to offset their housing costs with rental income. Plenty of upside and income potential.
Description provided by the listing brokerage.
Interior
- Laundry
- Security
Exterior
- Exterior features
- Roof
- Construction
- Style
- Parking and garage
Systems
- Heating
- Cooling
Lot and HOA
- Lot features
- Zoning
- residential
Schools
- School district
- Greenfield-Central Com Schools
Taxes
- Estimated annual tax
- $1,594 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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