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Priced at $315,000, this new construction duplex in Greensburg, Indiana, presents an active investment prospect. Both units are currently occupied, generating a gross annual rental income of approximately $36,000. The asset sits at 412 South Ireland Street and offers a straightforward addition to a residential real estate portfolio within this growing market. Multifamily assets in regional hubs like Greensburg benefit from steady demand as local economies continue to attract residents seeking affordable living options. This property type serves as a functional choice for investors looking for stabilized cash flow in a town that balances regional connectivity with a suburban pace of life. Given the recent construction, the building provides a low-maintenance profile suitable for long-term hold strategies or portfolio diversification.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.