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    Greencastle, IN
    Multifamily

    Greencastle, IN Multifamily Properties for Sale

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    Cloverdale, IN Bainbridge, IN Reelsville, IN Coatesville, IN Roachdale, IN Rockville, IN Stilesville, IN Carbon, IN
    Triplex with Two 1-Bed Units
    Updated: Jul 17
    Triplex with Two 1-Bed Units

    109 W Liberty Street, Greencastle, IN 46135

    $119,900
    0.19 AC lot
    Two 1‑bedroom apartments plus one 2‑bedroom unit occupying the entire second floor
    2‑bedroom unit has recently vacated; two 1‑bedroom units are currently rented
    0.19‑acre lot
    Three furnaces installed in 2024
    Two water heaters and new plumbing to two of the three units
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    Greencastle Commercial Property with Showroom
    Updated: Dec 4, 2025
    Greencastle Commercial Property with Showroom

    814 E Washington St, Greencastle, IN 46135

    $295,000
    3,500 sqft 1.12 AC lot
    Highly visible location in Greencastle on a 1.12‑acre lot.
    Over 3,500 sq. ft. of versatile space suitable for office, showroom, or multipurpose use.
    Ample asphalt parking for employees and customers.
    Handicapped accessible main level with lobby and reception area.
    Flexible layout suitable for mixed‑use, multifamily conversion, or further commercial development.
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    Mixed-Use Historic Building
    Mixed-Use Historic Building

    15 S Indiana St, Greencastle, IN 46135

    $499,900

    Remodeled 1919 building with a main-level office/retail area and a fully furnished 2-bedroom, 2-bath residence upstairs.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Victorian Triplex Under Renovation
    Victorian Triplex Under Renovation

    114 S Jackson Street, Greencastle, IN 46135

    $60,000

    Partially renovated multifamily property with major HVAC, electrical, and plumbing work completed.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Greencastle, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Duplex with New Roof
    Turnkey Duplex with New Roof

    59-61 E Washington Street, Mooresville, IN 46158

    $249,000
    0.15 AC lot

    Upgraded two-unit duplex on a 0.15-acre lot with new roof, refreshed interiors, and major sewer and plumbing improvements.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    48-50 1/2 E Main Street, Mooresville, IN 46158

    $276,000
    0.22 AC lot

    Four fully occupied 1-bedroom, 1-bath units on a corner lot with dedicated tenant parking.

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    Seasonal RV Site at Wooded Resort
    Seasonal RV Site at Wooded Resort

    9507 US 231 Site 317, Quincy, IN 47456

    Contact for pricing
    0.12 AC lot

    Seasonal RV site with pools, clubhouse, recreational courts, and wooded trails.

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    Seasonal RV Site with Lakefront Access
    Seasonal RV Site with Lakefront Access

    9507 US 231 Site 217, Quincy, IN 47456

    Contact for pricing
    0.08 AC lot

    Recreational RV site within a wooded seasonal resort offering pools, a clubhouse, trails, and outdoor recreation.

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    Off-Market Properties in Greencastle, IN

    Consider similar Off-Market properties in Greencastle, 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.

    7703 County Rd 880th W
    MOBILE HOME PARK, TRAILER PARK

    7703 County Rd 880th W, Greencastle, IN 46135

    $255,000
    Estimated value
    2.70 AC lot
    View details
    7749 County Rd 880th W
    MOBILE HOME PARK, TRAILER PARK

    7749 County Rd 880th W, Greencastle, IN 46135-9600

    $235,000
    Estimated value
    10.00 AC lot
    View details
    800 Madison St
    MOBILE HOME PARK, TRAILER PARK

    800 Madison St, Greencastle, IN 46135-1009

    $250,000
    Estimated value
    2.19 AC lot
    View details
    800 Madison St
    MOBILE HOME PARK, TRAILER PARK

    800 Madison St, Greencastle, IN 46135-1009

    $255,000
    Estimated value
    1.17 AC lot
    View details

    Greencastle, IN Multifamily Properties Market Trends and Statistics

    Explore 8 multifamily properties for sale in Greencastle, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 3,500 square feet of properties for sale, with an estimated market value of $974,800.

    Sale prices for multifamily properties in Greencastle, IN start at $60,000, averaging $243,700, and reaching up to $499,900 — 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

    Triplexes 2
    Duplexes 1
    Short term rental properties 1

    Demographics Overview

    Population 20K
    Population Growth (5Y) -5.6%
    Median Household Income $70,847
    College Educated 30.7%

    High-Yield Neighborhoods for Investment

    Identify Greencastle submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46135 $280K

    Taxes & Financing

    Tax Rate (average for all types) 2.78%
    Property Tax per SF $47.45 per SF
    Tax Rate vs County Average 0.19 pp above county avg
    Average Loan-to-Value 65.0%

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