620 Brewer Place, Greenwood, IN 46142
Local realty services provided by:CENTURY 21 Scheetz
620 Brewer Place,Greenwood, IN 46142
$245,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22097398
Source:IN_MIBOR
Sorry, we are unable to map this address
Price summary
- Price:$245,000
About this home
Rare turnkey investment opportunity at 620-622 Brewer Place! This all-brick ranch duplex occupies a premium .22-acre corner lot in a quiet residential area where multi-family inventory is exceptionally scarce. Built in 1965-significantly newer than the area average-the property features two 1-bed/1-bath units (640 sq. ft. each) equipped with central HVAC and durable, low-maintenance ceramic tile flooring. Both units are fully tenant-occupied at $1,000/mo (expires 6/30/26) and $960/mo (1/31/27), offering immediate cash flow with a streamlined utility structure: gas and electric are separately metered, and tenants reimburse for water/sewer. While currently updated and professionally managed by the Wilmoth Group, there is clear upside to further increase equity and rents through light cosmetic refreshments. Located in a proven south-side rental corridor, this property offers strong fundamentals for investors with close proximity to major employment drivers like St. Francis Hospital South and surrounding medical offices, supporting consistent tenant demand. Tenants will also benefit from easy access to the dense retail and dining options along the US-31 corridor, including Greenwood Park Mall, and the revitalizing Old Town Greenwood district. With quick connectivity to I-65 and an approximately 15-20 minute commute to Downtown Indianapolis, this location appeals to a wide tenant base, contributing to stable occupancy and long-term appreciation. Featuring no HOA, an asphalt driveway for ample off-street parking, and walkability to Northeast Park, this is a high-performance addition to any portfolio....
Contact an agent
Home facts
- Year built:1965
- Listing ID #:22097398
- Added:45 day(s) ago
- Updated:June 14, 2026 at 07:00 AM
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Roof:Asphalt
- Year built:1965
- Lot Features:Corner Lot
- Construction Materials:Brick
- Foundation Description:Crawl Space
Finances and disclosures
- Price:$245,000
New listings near 620 Brewer Place
- New
$350,000Active4 beds 3 baths2,647 sq. ft.5973 Oakhaven Drive, Greenwood, IN 46142
MLS# 22106622Listed by: F.C. TUCKER COMPANY - New
$449,000Active5 beds 3 baths3,746 sq. ft.1456 Stormhaven, Greenwood, IN 46143
MLS# 22108013Listed by: WEMY REALTOR - New
$425,000Active4 beds 3 baths3,132 sq. ft.2088 Golfview Court, Greenwood, IN 46143
MLS# 22105193Listed by: CENTURY 21 SCHEETZ - New
$589,900Active5 beds 4 baths2,891 sq. ft.3608 Shoreline Drive, Greenwood, IN 46143
MLS# 22107951Listed by: INDY DWELL REAL ESTATE - New
$369,000Active5 beds 3 baths2,348 sq. ft.2746 Salem Place, Greenwood, IN 46143
MLS# 22107162Listed by: REDFIN CORPORATION - New
$287,000Active3 beds 3 baths2,226 sq. ft.2545 Harvest Moon Drive, Greenwood, IN 46143
MLS# 22107521Listed by: THE STEWART HOME GROUP - New
$327,670Active5 beds 3 baths2,200 sq. ft.388 Dietz Drive, Greenwood, IN 46143
MLS# 22107899Listed by: MIDLAND REALTY GROUP, INC. - New
$739,900Active4 beds 4 baths4,012 sq. ft.1772 Calvert Farms Drive, Greenwood, IN 46143
MLS# 22105956Listed by: COLDWELL BANKER STILES - Open Sun, 1 to 3pmNew
$498,000Active5 beds 4 baths4,078 sq. ft.1418 Lavender Lane, Greenwood, IN 46143
MLS# 22107204Listed by: HIGHGARDEN REAL ESTATE - Open Sun, 11am to 1pmNew
$369,900Active3 beds 3 baths2,086 sq. ft.670 Griffith Road, Greenwood, IN 46143
MLS# 22107854Listed by: STONE & GABLE REALTY