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Great duplex with massive value-add potential! Located at 507-509 S Pennsylvania St, this Greenfield property is the ideal addition to any portfolio. Heavy lifting on big-ticket items is complete with a new roof, new furnaces, and new water heaters already installed. Unit 509 offers immediate cash flow at $1,200/month (leased through August 2026) featuring 3 bedrooms plus a versatile loft/4th bedroom, enclosed porch with W/D hookups, and room for cosmetic updates. Unit 507 is a vacant 1-bed, 1-bath unit with an open floor plan and W/D hookups-perfect for a full renovation to set market rent. Sold As-Is.

Property Details of 507 S Pennsylvania Street

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Listed by Gloria Gear of Keller Williams Indy Metro Partners (gloria@gearregroup.com)

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 Based on information submitted to MIBOR as of November 6, 2026 8:35 AM EST . All data is obtained from various sources and has not been, and will not be, verified by broker or MIBOR.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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