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    Greenwood, IN Multifamily Properties for Sale

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    Bargersville, IN Indianapolis, IN Whiteland, IN
    $350,000
    0.31 Acres
    Completely Renovated Duplex

    1280 Stonegate Road, Greenwood, IN 46142

    Turnkey duplex with extensive renovations, offering two-bedroom units with multiple full baths and dedicated laundry space.
    • Completely renovated duplex built in 1978, featuring updated exteriors and interiors
    • Major updates include new roof, HVAC systems, water heaters, luxury vinyl plank flooring, and modern lighting
    • Unit 1: 2 bedrooms, 1 full bath, updated bathroom, dedicated laundry room, and single‑level living
    • Unit 2: 2 bedrooms and 2 full baths with a fully updated kitchen featuring granite countertops and a center island
    • Kitchens include new cabinetry and recessed lighting, plus new doors, trim, and gutters throughout the duplex
    Updated: May 15
    View details
    $235,000
    0.18 Acres
    Duplex Income Property with Covered Porches

    409 W Wiley Street, Greenwood, IN 46142

    Duplex offers two rental units with separate covered porches and recent exterior and mechanical updates.
    • Income property with 2 separate units: unit 1 (2BR/1BA) and unit 2 (1BR/1BA)
    • New roof, gutters, and siding completed in 2023
    • New furnace and A/C installed in 2025
    • Updated bathroom in unit 1 in 2025
    • Each unit has its own covered porch
    Updated: Mar 26
    View details
    $800,000
    2.03 Acres
    Approved Multifamily Development Land

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

    Worthsville W Road, Greenwood, IN 46143

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in Greenwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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.

    Brick Duplex with Childcare Facility
    $825,000
    0.65 Acres
    Brick Duplex with Childcare Facility

    Solid brick duplex offers 3 bed, 2 bath and 2-car garage per side, plus Class II childcare capability.

    7315 S Meridian Street, Indianapolis, IN 46217

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    Two-Unit Duplex With Side Yard
    $209,900
    0.12 Acres
    Two-Unit Duplex With Side Yard

    Duplex features two bedrooms per unit, LVP flooring, and month-to-month tenants, with outdoor space and storage included.

    1338 Norton Avenue, Indianapolis, IN 46227

    View details
    Duplex on Fenced Half-Acre Lot
    $255,000
    0.50 Acres
    Duplex on Fenced Half-Acre Lot

    Ranch duplex with two 2-bedroom units, fenced rear yards, and an attached pole-barn garage for one side.

    8325 Lake Road, Indianapolis, IN 46217

    View details
    Well-Maintained Duplex Residence
    $209,900
    0.16 Acres
    Well-Maintained Duplex Residence

    Two-unit duplex with spacious backyard and on-site parking, suited for owner-occupants or rental-focused buyers.

    3302 Alice Avenue, Indianapolis, IN 46237

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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.

    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
    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

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    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
    Waterfront Land in Greenup, KY
    $69,000
    1.54 Acres
    Waterfront Land in Greenup, KY

    Waterfront land with utilities and shelter house for sale.

    Treasure Cove, Greenup, KY 41144

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    Off-Market Properties in Greenwood, IN

    Consider similar Off-Market properties in Greenwood, 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.

    4175 County Line Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 15.43 Acres
    Value Estimation by Request

    4175 County Line Rd, Greenwood, IN 46142-9412

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    151 Byrd Way
    Multifamily properties
    Lot: 0.95 Acres
    Value Estimation by Request

    151 Byrd Way, Greenwood, IN 46143

    View details

    Greenwood, IN Multifamily Properties Investment Opportunities Market Analysis

    Explore 5 multifamily properties for sale in Greenwood, IN, showcased through 3 active listings 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 Greenwood, 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.

    List
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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Apartment buildings 1

    Demographics Overview

    Population 94K
    Population Growth (5Y) +11.0%
    Median Household Income $87,969
    College Educated 52.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46142 $350K

    Taxes & Financing

    Tax Rate (average for all types) 1.90%
    Property Tax per SF $33.72 per SF
    Tax Rate vs County Average 0.13 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Johnson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

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