2

Greencastle, IN Multifamily Homes & Duplexes for Sale

Section Image
  • /16

    $190,000

    • 6 Beds
    • 2 Baths

    513 Howard St, Greencastle, IN 46135

    Rare investment opportunity! Here is your opportunity to buy your next duplex. Both units 3 bedroom, 1 bath with an open concept. Tenants pay all utilities making this a low overhead investment. Not an investor yet? Make this your first one. Live in one unit and rent the other to help cover your mortgage payment. Laundry hook ups in both units. Large back yard.

    Tyler Cox RE/MAX Cornerstone

    513 Howard St, Greencastle, IN 46135
  • /15

    $159,900

    • 4 Beds
    • 2 Baths

    302 N College Ave, Greencastle, IN 46135

    Investors take note: this fully leased duplex is ready for you to make money on the first day. Located a block from the historic downtown shops and restaurants and a short walk to the DePauw University campus. Each unit has large rooms and high ceilings with historic character. There is a covered front porch and open deck with a large yard for play, parking spaces or expansion. The home has vinyl

    Eric Wolfe Prime Real Estate ERA Powered

    302 N College Ave, Greencastle, IN 46135

Why Live in Greencastle

Greencastle, Indiana, is a small city known for its strong sense of community and engaging activities. The downtown area features a mix of historic architecture and vibrant murals, creating a charming college town atmosphere centered around DePauw University. Residents enjoy a variety of things to do, including bourbon tastings at The Whisk and dining at highly-rated restaurants like Almost Home. Local boutiques and shopping centers offer unique finds, while larger stores like Kroger and Walmart are conveniently located less than a mile east of downtown. Greencastle hosts frequent public events such as First Fridays and a summer music festival, fostering a lively social scene. The housing market includes older buildings in styles like row houses and Queen Anne, with new builds in contemporary-traditional styles emerging on the city's outskirts. Greencastle students benefit from high-performing schools and unique opportunities through partnerships with DePauw University, particularly in the arts. Outdoor enthusiasts can explore several parks, including Robe Ann Park and the expansive DePauw Nature Park, which features over 8 miles of hiking trails. The city is centrally located, with major Indiana cities like Indianapolis, Terre Haute, Lafayette, and Bloomington all within roughly 70 miles. Greencastle is also safer than the national average, making it a practical choice for potential home buyers seeking a supportive and engaging community.

Home Trends in Greencastle, IN

Housing Trends

Median Sale Price
$205,000
Median Single Family Sale Price
$215,900
Median 2 Bedroom Sale Price
$200,000
Average Price Per Sq Ft
$140
Number of Homes for Sale
27
Last 12 months Home Sales
134
Months of Supply
2.40
Median List Price
$222,400
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
0%
How to Buy a Home How to Finance a Home How to Sell a Home