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    Carmel, IN Multifamily Properties for Sale

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    Indianapolis, IN Westfield, IN Zionsville, IN
    Updated Duplex with Two 2BR Units
    $350,000
    0.24 Acres
    Updated Duplex with Two 2BR Units

    10805 Central Avenue, Carmel, IN 46280

    Turnkey duplex offers two updated 2-bedroom units with modern mechanicals and exterior improvements.
    • Well‑maintained duplex in Carmel with two identical units (10805 and 10807), each offering 2 bedrooms and 1 bathroom
    • New roof installed in 2024; carport reinforced with new support beams for added structural integrity
    • HVAC systems updated in 2024 in both units, with smart controls and wall‑mounted thermostats
    • Tankless water systems in both units for on‑demand hot water
    • 10805 unit improvements include a newly installed walk‑in shower, updated bathroom flooring and subfloor, and an upgraded exhaust fan
    Updated: Jun 11
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Carmel, 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.

    English Tudor Duplex
    $775,000
    0.30 Acres
    English Tudor Duplex

    Brick Tudor duplex with two mirror-image units, screen porches, fireplaces, and a detached two-car garage.

    36 W 56th Street, Indianapolis, IN 46208

    View details
    Duplex with Separate Entrances
    $399,900
    1.08 Acres
    Duplex with Separate Entrances

    Well-laid-out two-bedroom duplex with garages, three-season rooms, and covered porches, offering income with one side currently leased.

    5139 E 79th Street, Indianapolis, IN 46250

    View details
    Updated Duplex With Two 2BR Units
    $350,000
    0.14 Acres
    Updated Duplex With Two 2BR Units

    Side-by-side duplex with two updated 2-bedroom, 1-bath units, offering tenant-ready rental or owner-occupancy flexibility.

    1644 E 58th Street, Indianapolis, IN 46220

    View details
    Student Rentals Near Butler University
    $1,050,000
    Student Rentals Near Butler University

    Two high-performing student rentals steps from Butler University.

    368 W 47th St, Indianapolis, IN 46208

    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.

    Wooded Homesite in Wheatfield, Indiana
    Contact for pricing
    0.57 Acres
    Wooded Homesite in Wheatfield, Indiana

    Spacious, wooded 0.57-acre lot in established neighborhood.

    4418 Oakland Court, Wheatfield, IN 46392

    View details
    University Park Developable Land
    Contact for pricing
    3.20 Acres
    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484

    View details
    Prime Land Off US HWY
    $345,500
    2.27 Acres
    Prime Land Off US HWY

    2.27 acres with excellent visibility and easy access.

    Briar Creek lot: #1, Lawrenceburg, KY 40342

    View details
    Vacant Lot in Gated Community
    Contact for pricing
    0.12 Acres
    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360

    View details

    Carmel, IN Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Carmel, 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 $350,000.

    Sale prices for multifamily properties in Carmel, IN start at $350,000, averaging $350,000, and reaching up to $350,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 145K
    Population Growth (5Y) +1.7%
    Median Household Income $128,931
    College Educated 82.0%

    Taxes & Financing

    Tax Rate (average for all types) 1.96%
    Property Tax per SF $24.58 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hamilton County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

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