516 & 518 W Main ST, Greensburg, IN 47240
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516 & 518 W Main ST, Greensburg, IN 47240
516 & 518 W Main ST, Greensburg, IN 47240
516 & 518 W Main ST, Greensburg, IN 47240
516 & 518 W Main ST, Greensburg, IN 47240
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Jeff Landers

Jeff Landers

+1(317) 750-9767
Listed by Laurin Smith • Lincoln Realty, Inc.
$ 700,000
Est. payment /mo
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516 & 518 W Main ST Greensburg, IN 47240

4,916 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 4,916 sqft

Price per Sqft $142

MLS Listing ID 22073536

Year Built 1900

Tax Year 2025

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Multi-Family 5+

Property Description

INVESTMENT OPPORTUNITY Gross Rents are 164,088 yr Utilities are 39,220 yr. Taxes are 3,478 yr. Paved parking in back. Some remodeling in 2022 to current. 518 is 2,084 sf with 8 units, 2 have a Kitchen & Livingroom/Bedroom Combo & 6 are efficiency units. All have private bathrooms. 516 is 3 Buildings - The front building is 1- 2Bedroom Kit & Bath, 2 Efficiency units w/Baths. The buildings behind are all efficiency units with bathrooms x 6. 17 UNITS TOTAL.

Location

State IN

County Decatur

Zoning family apartments 401

Rooms

Basement Partial

Interior

Heating Baseboard, Electric

Cooling None

Fireplace N

Exterior

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, See Remarks

Roof Type Asphalt,Shingle

Building

Story 1

New Construction false

Schools

Elementary Schools Greensburg Elementary

Middle Schools Greensburg Community Jr High

High Schools Greensburg Community High School

School District Greensburg Community Schools

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

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Jeff Landers

Jeff Landers

Real Estate Advisor License ID: RB14050540

+1(317) 750-9767

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Jeff Landers, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

I simply cannot recommend Jeff enough to anyone considering buying or selling a home. My experience with him selling my first house has confirmed in my mind that he is absolutely the best in the business. Not only is Jeff outstandingly professional, knowledgeable and experienced but he constantly and consistently went above and beyond for me during this process. His willingness to listen to me when I was panicking and calm me down and go to bat for me in difficult situations is something I am incredibly grateful for. I trust Jeff implicitly and was never steered wrong throughout the entire process. 5 stars is not enough to express my gratitude and stellar experience with Jeff.

RebeccaRoy0

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516 & 518 W Main ST