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Danville, IN Multifamily Home for Sale

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    $137,400

    • 5 Beds
    • 2 Baths

    137 N Tennessee St, Danville, IN 46122

    INVESTOR SPECIAL! Most affordable multi family home in Hendricks county! This is an older home with lots of charm including a large covered front porch. Appears to last been used as a single family but set up as a duplex with 2 kitchens. Could be used a s a SF or MF, please verify with the county before making an offer. Loads of potential with $300k comps. It does have a newer roof and some

    Scott Wynkoop Wynkoop Brokerage Firm, LLC

    137 N Tennessee St, Danville, IN 46122

Why Live in Danville

Danville, the county seat of Hendricks County, Indiana, is a small town with a population of just over 10,000 people, located west of Indianapolis. Founded in 1824, Danville spans nearly seven square miles and is bordered by White Lick Creek. The town is experiencing significant growth, with new subdivisions under development, attracting many new residents, particularly those moving from Indianapolis due to remote work opportunities. Housing options in Danville include modern colonial-revival-inspired custom builds, cottages, bungalows, and ranches, with the possibility of purchasing land for custom-built homes. Students in Danville attend schools within the Danville Community School Corporation, which includes highly rated institutions like South Elementary School and Danville Middle School. Ellis Park is a local favorite for outdoor activities, featuring a covered picnic area, gazebo, barbeque pits, and a playground. The park also hosts the annual Winterland light show, a popular holiday event. During warmer months, the town square comes alive with weekly farmer’s markets, offering fresh produce and local goods. Dining options in Danville include the Bread Basket Café and Bakery, known for its brunch and lunch menu, and Frank’s Place, which serves traditional Italian cuisine. Danville is conveniently located about 30 minutes from both the airport and downtown Indianapolis, making it a central and accessible place to live.

Home Trends in Danville, IN

Housing Trends

Median Sale Price
$360,000
Median Single Family Sale Price
$364,999
Median Townhouse Sale Price
$179,000
Median 2 Bedroom Sale Price
$215,000
Average Price Per Sq Ft
$163
Number of Homes for Sale
99
Last 12 months Home Sales
435
Months of Supply
2.70
Median List Price
$372,997
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
6%
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