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    Greenwood, IN Apartment Buildings for Sale

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    Bargersville, IN Indianapolis, IN Whiteland, IN
    $800,000
    2.03 Acres
    Approved Multifamily Development Land

    Worthsville W Road, Greenwood, IN 46143

    2+ acre site approved for a 40-unit multifamily project with utilities available for immediate development.
    • 2+ acre property in Greenwood with public sewer available
    • Fully approved for multi‑family development: one 2‑story building with 16 units and one 3‑story building with 24 units (40 units total)
    • State permit is on file for the approved multi‑family project
    • Utilities are already at the site, supporting development readiness
    • Mixed‑use development opportunity with highway access and nearby schools, parks, and healthcare
    Updated: Feb 3, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Greenwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Corner-Alley 5-Unit Apartment Building
    $324,900
    0.19 Acres
    Corner-Alley 5-Unit Apartment Building

    Five-unit multifamily building with multiple unit types and convenient tenant parking off an alley corner.

    617 W Franklin Street, Shelbyville, IN 46176

    View details
    Five-Unit Apartment Building
    $299,900
    0.09 Acres
    Five-Unit Apartment Building

    Five apartment units with metal exterior and baseboard heat, offered with recent interior updates.

    106-108 W Pennsylvania Street, Shelbyville, IN 46176

    View details
    Fletcher Place Multifamily Investment Opportunity
    Contact for pricing
    Fletcher Place Multifamily Investment Opportunity

    22-unit multifamily property in Indianapolis's Fletcher Place neighborhood.

    550 Fletcher Avenue, Indianapolis, IN 46203

    View details
    Income Generating Multifamily Property
    $399,900
    2,314 SF
    Income Generating Multifamily Property

    Income-generating property with seven renovated units and potential for expansion.

    19-21 Hendricks Place, Indianapolis, IN 46201

    View details

    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

    View details
    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

    View details
    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres
    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802

    View details
    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

    View details

    Off-Market Properties in Greenwood, IN

    Consider similar Off-Market properties in Greenwood, 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.

    151 Byrd Way
    Multifamily properties
    Lot: 0.95 Acres
    Value Estimation by Request

    151 Byrd Way, Greenwood, IN 46143

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    Greenwood, IN Apartment Buildings Investment Opportunities Market Analysis

    Explore 2 apartment buildings for sale in Greenwood, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $800,000.

    Sale prices for two-family homes in Greenwood, IN start at $800,000, averaging $800,000, and reaching up to $800,000 — 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 94K
    Population Growth (5Y) +11.0%
    Median Household Income $87,969
    College Educated 52.3%

    Taxes & Financing

    Tax Rate (average for all types) 1.90%
    Property Tax per SF $33.72 per SF
    Tax Rate vs County Average 0.13 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Johnson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Greenwood fall within the 100,000+ square foot range.

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