Worthsville W Road, Greenwood, IN 46143

Listing agent Jenny Laughner License #RB14042097 Show Phone

Listing office CENTURY 21 Scheetz i***@c21scheetz.com Olive Branch Parke Ln Ste A 1533, Indianapolis, IN Show Phone

Listing date Feb 3, 2025

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MLS# 22020038 Listing URL

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Overview

This 2.03-acre development site is presented for sale with approvals in place for a multifamily project. The plan calls for one 2-story building with 16 units and one 3-story building with 24 units, totaling 40 residential units. A state permit is on file, and utilities are already at the site, positioning the property for development without waiting on early infrastructure work.

The property is located in Greenwood, Indiana, in Johnson County, with zoning listed as CL. The offering describes the site as being in the heart of Greenwood with proximity to commercial and retail areas, dining, and essential services, and notes access to nearby highways, schools, parks, and healthcare facilities.

For developers and investors seeking an approved path to a 40-unit multifamily build, this parcel offers a clear, permit-backed unit mix and an immediately utilities-ready site condition as described. The project configuration is suited for parties looking to advance with the approved plans rather than starting from early entitlement and infrastructure timelines.

Map

City

Greenwood

County

Johnson

State

Indiana

Longitude

-86.105445

Latitude

39.586481

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FAQs

What type of property is this?

Apartment building - 2+ acre site approved for a 40-unit multifamily project with utilities available for immediate development.

Where is this apartment building located?

The property is located at Worthsville W Road Greenwood, IN.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: 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