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406 S Walnut Street, Crawfordsville, IN 47933

No Subdivision · Montgomery County

Key Facts

1900Year Built
0.10Lot (acres)

Description

Extensively remodeled down to the studs, this beautifully updated duplex offers a turnkey investment opportunity in the heart of Crawfordsville. Featuring two well-appointed units totaling 2,520 square feet, the property generates $2,400 in monthly rental income, with the one-bedroom, one-bath unit renting for $950 per month and the spacious three-bedroom, one-and-a-half-bath unit renting for $1,450 per month. Each unit includes central air, gas heat, laundry hookups, range/oven, refrigerator, and the larger unit also features a dishwasher. This property is an excellent option for investors seeking immediate cash flow or buyers planning ahead for future owner occupancy. Once the current leases expire, you could choose to live in one unit while renting the other to help offset your mortgage. Please note that both units are currently occupied and subject to tenant rights until June,2027. Conveniently located near downtown Crawfordsville, shopping, dining, parks, and schools, this fully renovated duplex is a rare opportunity to own a low-maintenance, income-producing property with long-term flexibility.

Property Information

Property Type

Residential Income

Sub-Type

Duplex

Style

Traditional

Year Built

1900

Lot Size

0.10 acres

Zoning

R2

Days on Market

5

MLS® Listing#

22113751

Property Features

Cooling

Central AirSeparate Meters

Heating

Forced AirNatural Gas

Basement

Exterior EntryFullStorage SpaceUnfinished

Parking

GravelOn StreetOther

Laundry

Main LevelUpper Level

Lot Features

City Lot

Construction

Aluminum Siding

Foundation

BlockBrick/Mortar

Security

Smoke Detector(s)

Schools

Middle:
Crawfordsville Middle School

Financial Details

Parcel Number

541005222068000030

Directions

GPS Friendly

Affordability Calculator

$50,000

Estimated monthly payment

$1,331/mo

Principal $200,000 · Est. interest $279,018 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Crawfordsville, IN

$290,909
Median Listing Price
42
Median Days on Market
1,750
Median Sq Ft
$157
Median Price / Sq Ft
66
Active Listings
  • This home’s price is 14% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Crawfordsville, IN.

Location

Map showing the location of 406 S Walnut Street, Crawfordsville, IN 47933

Points of Interest in Crawfordsville, IN

Showing the Crawfordsville area map.

Nearby Schools

  • Crawfordsville Middle School

    Secondary · 0.4 mi away

  • Willson Family Literacy Preschool

    School · 0.4 mi away

  • Mollie B Hoover Elementary School

    Elementary · 0.7 mi away

  • Meredith Nicholson Elementary School

    Elementary · 0.8 mi away

  • Laura Hose Elementary School

    Elementary · 0.8 mi away

  • Crawfordsville Community School Corporation

    School · 0.9 mi away

  • Crawfordsville High School

    Secondary · 1.2 mi away

  • Creation Station Pre-School

    School · 2.3 mi away

  • Ivy Tech Community College

    School · 2.9 mi away

  • Lester B Sommer Elementary School

    Elementary · 4.3 mi away

  • Sugar Creek Elementary School

    Elementary · 5.6 mi away

  • New Market Elementary School

    Elementary · 5.7 mi away

  • North Montgomery Community School Corp

    School · 5.9 mi away

  • Northridge Middle School

    Secondary · 6.1 mi away

  • North Montgomery High School

    Secondary · 6.1 mi away

  • Southmont High School

    Secondary · 6.3 mi away

  • Pleasant Hill Elementary School

    Elementary · 7.2 mi away

  • Walnut Elementary School

    Elementary · 8.5 mi away

  • Ladoga Elementary School

    Elementary · 10.1 mi away

  • Waveland Elementary School

    Elementary · 13.2 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Crawfordsville

Listing Courtesy: Taylor Real Estate Specialists - Lisa@Taylor-RES.com

Listings courtesy of MIBOR as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID, use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

Last Updated: 2026-07-13

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Data provided by MIBOR. MLS® Listing#22113751. © 2026EXIT Realty®. All rights reserved.