$630,000

216 E Lincoln St Greenfield, IN 46140

$7,481
Closing credit¹
0.2 acres
Multi-Family

Property details

About 216 E Lincoln St

Seize this rare opportunity to acquire three fully rented residential properties in the heart of Greenfield, Indiana! With 9 total units, this package delivers immediate cash flow, minimal management hassle, and strong appreciation potential in one of Indiana's fastest-growing markets. 203 N Pennsylvania St., Greenfield, IN 46140 - Quadplex (4 Units), 306 N State St., Greenfield, IN 46140 - Triplex (3 Units), 216 E Lincoln St., Greenfield, IN 46140 - Duplex (2 Units). 100% Occupied & Turnkey - All tenants are thoroughly screened, financially stable, and qualified. Strong Rental Income - Generating $80,400/year in rents with potential for increases. High Cap Rate (+/- 7%) - A fantastic return for a cash buyer. Utilities run approximately $14,000 per year for all three properties. Either Rent, flip, or hold - this portfolio is built for flexibility. Package Deal Savings - Buy all three properties together for the best value! Tours are available after proof of financing and funds have been verified. Secure this cash-flowing, low-maintenance investment today! $2,697.48 - Total utilities paid for the whole year 2024. Tenants pay an additional $80 per month for utilities.

Highlights

Home typeDuplex
StatusActive
Lot size0.22 Acres
Year built1900
MLS #22024260

Summary

  • MLS Number: 22024260
  • MLS Name: MIBOR
  • Office Name: F.C. Tucker Company
  • Office Email: Annie.Scott@talktotucker.com
  • Listing Agent: Annie Scott

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

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Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated on: 3/6/2025, 8:16:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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a document

$630,000

216 E Lincoln St

$7,481

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 07, 2022
Home Sold
$77,269

Tax history

YearAssessmentProperty Tax
2023$137,900$2,758
2021$91,900$1,838
2020$88,100$1,696
2019$84,800$1,694
2018$84,700$1,660
2017$83,000$1,642

History based on county public records data.

Nearby schools

6

Harris Elementary School

Public District KG-3

0.3 mi

200 W Park Ave

4

Weston Elementary School

Public District KG-3

1.1 mi

140 Polk Ave

6

Jb Stephens Elementary School

Public District PK-3

1.6 mi

1331 N Blue Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,478. Most Greenfield, IN residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

42%
<35k
50%
35k-100k
6%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

41%
Single, No Kids
22%
Single, with Kids
18%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
36%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • White CastleWhite Castle
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • RockRock
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Greenfield, IN

About 216 E Lincoln St

This home is located at 216 E Lincoln St in Greenfield, IN and zip code 46140. Features: 0 bathroom. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $630,000.

Over 3 listings were sold over their listed price in February 2025 in Greenfield, IN. In the same period over 9 listings were sold below the listed price and 9 listings were sold for the listed price. Between January and February 2025, Greenfield, IN real estate market has seen decrease in the number of listings by 9.8%. Listings spent 53 days on the market in February 2025, and had a median list price of $280,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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