Greensburg, IN
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    Greensburg, IN Apartment Buildings for Sale

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    Batesville, IN Westport, IN Hartsville, IN
    Multifamily Investment Property in Greensburg
    $700,000
    4,916 SF
    Multifamily Investment Property in Greensburg

    516 West Main Street, Greensburg, IN 47240

    17-unit multifamily property with recent remodeling and paved parking.
    • High Gross Annual Rents: $164,088
    • Total of 17 Units
    • Paved Parking available
    • Remodeling in 2022
    • All Units Have Private Bathrooms
    Updated: Aug 19, 2025
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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 1 Active listings in Greensburg, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Pre-War Brick Multifamily Building
    $950,000
    10,000 SF
    Pre-War Brick Multifamily Building

    Fourteen-unit pre-war property with 13 studios and one one-bedroom unit on a small, well-maintained site.

    5819 E Washington St, Indianapolis, IN 46219

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    Contiguous Three-Story Multifamily Buildings
    $515,000
    Contiguous Three-Story Multifamily Buildings

    Two contiguous three-story buildings provide 12 bedrooms, 3 bathrooms, an on-site main floor office, and dedicated laundry room space.

    313-315 Mulberry Street, Madison, IN 47250

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    Townhome Portfolio with Attached Garages
    Contact for pricing
    Townhome Portfolio with Attached Garages

    66-unit two-site townhome portfolio with attached one- or two-car garages and in-unit laundry connections.

    5500 S Emerson Ave, Indianapolis, IN 46237

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    Historic Downtown Investment Opportunity
    $449,900
    Historic Downtown Investment Opportunity

    Apartment building with efficiency rooms in historic downtown.

    402 E Main Street, Madison, IN 47250

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

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    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607

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    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres
    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215

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    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

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    Off-Market Properties in Greensburg, IN

    Consider similar Off-Market properties in Greensburg, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    230 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,032 SF Lot: 0.06 Acres
    Value Estimation by Request

    230 Main St, Greensburg, IN 47240-2047

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    220 Vine St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,280 SF Lot: 0.24 Acres
    Value Estimation by Request

    220 Vine St, Greensburg, IN 47240-2145

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    319 Hendricks St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,252 SF Lot: 0.13 Acres
    Value Estimation by Request

    319 Hendricks St, Greensburg, IN 47240-1748

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    301 Lincoln St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,570 SF Lot: 0.31 Acres
    Value Estimation by Request

    301 Lincoln St, Greensburg, IN 47240-1713

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    805 Broadway St
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,938 SF Lot: 0.19 Acres
    Value Estimation by Request

    805 Broadway St, Greensburg, IN 47240-2056

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    207 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,032 SF Lot: 0.07 Acres
    Value Estimation by Request

    207 Main St, Greensburg, IN 47240-2048

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    205 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,928 SF Lot: 0.08 Acres
    Value Estimation by Request

    205 Main St, Greensburg, IN 47240-2048

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    116 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,800 SF Lot: 0.04 Acres
    Value Estimation by Request

    116 Main St, Greensburg, IN 47240-1601

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    1006-1010 En St
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,600 SF Lot: 0.98 Acres
    Value Estimation by Request

    1006-1010 En St, Greensburg, IN 47240

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    Greensburg, IN Apartment Buildings Market Trends and Statistics

    Explore 10 apartment buildings for sale in Greensburg, IN on our real estate platform. These investment opportunities span a total of 4,916 square feet of properties for sale, with an estimated market value of $700,000.

    Sale prices for two-family homes in Greensburg, IN start at $700,000, averaging $700,000, and reaching up to $700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 22K
    Population Growth (5Y) -0.3%
    Median Household Income $74,373
    College Educated 24.8%

    High-Yield Neighborhoods for Investment

    Identify Greensburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47240 $700K

    Taxes & Financing

    Tax Rate (average for all types) 2.11%
    Property Tax per SF $33.74 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

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