Hamilton County, IN Apartment buildings for sale

Updated: Dec 16, 2025

Historic Woodruff Place Multifamily Investment

725 Woodruff Place Middle Drive, Indianapolis, IN 46201

$750,000

7,162 sqft

Immediate income and stable cash flow from 7 currently leased units.
Rare opportunity to invest in Indianapolis' desirable historic Woodruff Place.
Value‑add potential with recent improvements: new sewer, new roof, 3 renovated units, remodeled bathroom, new water heater.
Opportunity to purchase individually or as part of a larger portfolio of 4 additional nearby buildings.
Prime location minutes from downtown Indianapolis with strong rental demand.

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725 Woodruff Place Middle Drive, Indianapolis, IN 46201

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Est. Cap Rate

8.8%
Above avg (5.9%)
Est. NOI

$66K
Annual
Price @ 7% Cap

$939K
Above asking
Property Type

Row House
Built 1910

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Updated: Apr 10

Multifamily Apartment Building with Parking

1627 N Talbott Street, Indianapolis, IN 46202

$250,000

0.19 AC lot

Year built: 1867
Located within the Herron‑Morton Place Historic District
Multifamily property with a surface parking lot
Distressed condition and will require a full renovation; limited property information—buyer to conduct due diligence

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Pre-War Brick Multifamily Building

5819 E Washington St, Indianapolis, IN 46219

$950,000

10,000 sqft 0.25 AC lot

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

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Historic Woodruff Place Multifamily Investment

609 Woodruff Place Middle Dr, Indianapolis, IN 46201

$775,000

5,150 sqft

Nine-unit multifamily property in historic Woodruff Place, Indianapolis.

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Historic Woodruff Place Multifamily Investment

624 Woodruff Place Middle Dr, Indianapolis, IN 46201

$1,000,000

7,150 sqft

Nine-unit multifamily property in historic Woodruff Place, Indianapolis.

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Mixed-Use Investment Building

536 E MARKET ST, Indianapolis, IN 46202

$3,900,000

20,952 sqft

Well-maintained mixed-use property with elevator, dry sprinkler system, LED lighting, and parking, zoned CBD-2 for retail, office, or multifamily.

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Twelve-Unit Brick Multifamily Property

1635 Central Ave, Indianapolis, IN 46202

$1,500,000

17,028 sqft

Three all-brick buildings with 12 leased two-bedroom units, individually metered electric, and coin laundry for residents.

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Townhome Portfolio with Attached Garages

5500 S Emerson Ave, Indianapolis, IN 46237

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

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Fletcher Place Multifamily Investment Opportunity

550 Fletcher Avenue, Indianapolis, IN 46203

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

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20-Unit Portfolio Near UIndy Campus

Multiple Addresses in Larger Portfolio, Indianapolis, IN

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20,585 sqft

20-unit portfolio with 47 bedrooms near University of Indianapolis.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 Active listings in Hamilton County, IN, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

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

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

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

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Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

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

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Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

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

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Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000

3.70 AC lot

Prime land near Shepherd University with development potential.

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Hamilton County, IN Apartment Buildings Market Trends and Statistics

Explore 10 apartment buildings for sale in Hamilton County, IN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 67,442 square feet of properties for sale, with an estimated market value of $8,875,000.

Sale prices for two-family homes in Hamilton County, IN start at $750,000, averaging $1,479,166, and reaching up to $3,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.