214 N Vine Street, Plainfield, IN 46168

$244,075

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Sold Price
$244,075
List Price
$249,900
MLS#
22084890
Status
SOLD
Days on Market
21
Closing Date
Mar 13, 2026

Property Description

Opportunities like this don't come around often - a true turnkey duplex in one of Plainfield's most exciting and fast-growing locations. Whether you're an investor looking for immediate cash flow or a savvy buyer wanting to house hack, this property checks all the boxes. One unit is already occupied by a strong, long-term tenant at a solid rental rate, providing reliable income from day one. No guessing. No vacancy risk on half the property. Just immediate, predictable cash flow the moment you close. The second unit has been thoughtfully refreshed with fresh paint and new flooring, making it fully rent-ready. Lease it out to maximize returns - or live in one side and let the existing tenant significantly offset your mortgage. This is a fantastic opportunity for an owner-occupant to build equity while dramatically reducing monthly expenses. Even better, major capital improvements have already been taken care of. A brand new roof and decking installed in 2025 eliminate one of the biggest potential investor expenses for years to come. This is a low-maintenance, low-hassle asset designed to perform. And the location? It's hard to beat. Situated in Downtown Plainfield, you're steps from the town's continued growth, redevelopment, and expanding restaurant scene. New dining, local shops, trails, and community events continue to drive demand and make this area one of the most desirable rental pockets in Hendricks County. Strong location + consistent rental demand = long-term stability and appreciation potential. Whether you're adding to your portfolio or buying your first investment property, this duplex offers immediate income, minimal deferred maintenance, and positioning in a thriving downtown corridor.

Additional Information

Expenses
3888
Tenant Pays
All Utilities
Owner Pays
None
Foundation
Crawl Space
Stories
Two
Architecture
Traditional
Exterior Amenities
Storage Shed
Acres
0.09
Heat
Forced Air, Natural Gas
Cooling
Central Air
Financing
Conventional, FHA, VA
Region
Guilford

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of CrestPoint Real Estate. Selling Office: CrestPoint Real Estate.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative