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    Summerlake Meadows Apartments For Sale
    Updated: Apr 3
    Summerlake Meadows Apartments For Sale

    9050 800 S, Pendleton, IN 46064

    Contact for pricing
    5.00 AC lot
    Newer construction (2018) in a high‑growth Indianapolis MSA corridor.
    Significant rental upside potential with a $323 average rent gap compared to comparable properties.
    High occupancy rate of 98 percent.
    Spacious 1,240‑square‑foot two‑bedroom floor plans, larger than the average comp.
    Each unit includes private patios and one‑car attached garages.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Pendleton, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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
    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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    All-Brick Two-Story 8-Unit Apartment
    All-Brick Two-Story 8-Unit Apartment

    1120 E 30th Street, Anderson, IN 46016

    $339,000
    7,344 sqft

    Value-add 8-unit building with all-brick construction, street-to-street lot, and separately metered electricity and gas.

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    10-Unit Apartment Building
    10-Unit Apartment Building

    3544 Carrollton Avenue, Indianapolis, IN 46205

    $1,300,000
    10,000 sqft

    Ten-unit building with six three-bedroom and four two-bedroom apartments.

    View details
    Fully Occupied 7-Unit Apartment
    Fully Occupied 7-Unit Apartment

    1615 Main Street, Anderson, IN 46016

    $309,000
    3,360 sqft

    Seven units are fully occupied, generating over $5,000 in monthly gross income, with renovations completed in the last two years.

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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
    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
    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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    Land Near Shepherd University
    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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    Prime Development Land, Springfield MO
    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.

    View details

    Pendleton, IN Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Pendleton, 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 $0.00.

    Sale prices for two-family homes in Pendleton, IN start at $0.00, averaging $0.00, and reaching up to $0.00 — 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 18K
    Population Growth (5Y) +1.4%
    Median Household Income $92,012
    College Educated 41.9%

    Taxes & Financing

    Tax Rate (average for all types) 2.43%
    Property Tax per SF $51.51 per SF
    Tax Rate vs County Average 0.31 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

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