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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Greenwood, IN

$ 249,000
ROI
25.9
Cash Flow/m
425- 2 Bed
- 1 Bath
- - sft
234 N Brewer St, Greenwood, IN, 46142

$ 389,900
ROI
21.1
Cash Flow/m
147- 7 Bed
- 5 Bath
- - sft
805 Riverside Dr, Greenwood, IN, 46142

$ 232,600
ROI
29.9
Cash Flow/m
659- 3 Bed
- 2 Bath
- 1216 sft
828 Ashton Parke Dr, Greenwood, IN, 46143
or
Here are some other similar properties you might be interested in:
Listed for sale 4 days ago
$ 100,000
ROI
26.8
Cash Flow/m
196- 2 Bed
- 1 Bath
- 864 sft
1031 E Laguna St, Kokomo, IN, 46902

Listed for sale 5 days ago
$ 100,000
ROI
25.4
Cash Flow/m
158- 3 Bed
- 2 Bath
- 1310 sft
3661 S Sherman Dr, Beech Grove, IN, 46107

$ 100,000
ROI
26.3
Cash Flow/m
181- 3 Bed
- 2 Bath
- 2100 sft
4427 Washington St, Gary, IN, 46408

$ 100,000
ROI
25.9
Cash Flow/m
170- 2 Bed
- 1 Bath
- 1083 sft
261 N Crescent Dr, Frankfort, IN, 46041

Fix & Flip
Motivated Seller
$ 100,000
ROI
26.7
Cash Flow/m
193- 5 Bed
- 2 Bath
- 1606 sft
110 W 6th St, Peru, IN, 46970

Fix & Flip
$ 100,000
ROI
26.4
Cash Flow/m
186- 3 Bed
- 1 Bath
- 2730 sft
960 Albany St, Indianapolis, IN, 46203

$ 100,000
ROI
25.2
Cash Flow/m
151- 2 Bed
- 2 Bath
- 1115 sft
2405 Sunset Blvd, Anderson, IN, 46013

Fix & Flip
$ 100,000
ROI
47.9
Cash Flow/m
784- 4 Bed
- 2 Bath
- 1272 sft
2933 Caroline Ave, Indianapolis, IN, 46218

Currently Rented
Rental Income
$ 100,000
ROI
27.0
Cash Flow/m
203- 3 Bed
- 1 Bath
- 1690 sft
1024 E Fort Wayne St, Warsaw, IN, 46580

$ 100,000
ROI
25.8
Cash Flow/m
168- 3 Bed
- 2 Bath
- 1348 sft
2416 S Audubon Rd, Indianapolis, IN, 46203

$ 100,000
ROI
25.9
Cash Flow/m
170- 3 Bed
- 1 Bath
- 1394 sft
2138 S Leslie Ln, Scottsburg, IN, 47170

$ 100,000
ROI
52.8
Cash Flow/m
920- 4 Bed
- 1 Bath
- 1750 sft
414 N William St, South Bend, IN, 46601

Fix & Flip
$ 100,000
ROI
25.1
Cash Flow/m
148- 4 Bed
- 3 Bath
- 1920 sft
13841 Cardonia Dr, Camby, IN, 46113

Rental Income
$ 100,000
ROI
25.6
Cash Flow/m
164- 3 Bed
- 2 Bath
- 1289 sft
3180 S 200 E, Anderson, IN, 46017

$ 100,000
ROI
25.4
Cash Flow/m
158- 3 Bed
- 3 Bath
- 1716 sft
408 NE 18th St, Washington, IN, 47501

Fix & Flip
$ 100,000
ROI
26.4
Cash Flow/m
184- 3 Bed
- 1 Bath
- 1080 sft
928 Eaton St, Hammond, IN, 46320

Fix & Flip
$ 100,000
ROI
27.0
Cash Flow/m
201- 2 Bed
- 1 Bath
- 768 sft
1216 Edgewood Dr, South Bend, IN, 46616

Motivated Seller
$ 100,000
ROI
25.9
Cash Flow/m
171- 3 Bed
- 3 Bath
- 2016 sft
1110 E McCampbell Dr, Terre Haute, IN, 47802

Motivated Seller
$ 100,000
ROI
26.8
Cash Flow/m
196- 3 Bed
- 1 Bath
- 1692 sft
1217 Michigan Ave, Fort Wayne, IN, 46802

$ 100,000
ROI
34.0
Cash Flow/m
398- 2 Bed
- 1 Bath
- 660 sft
2039 Hicks Dr, Evansville, IN, 47714
$ 100,000
ROI
25.9
Cash Flow/m
172- 2 Bed
- 2 Bath
- 1104 sft
1522 Culbertson Avenue, New Albany, IN, 47150

$ 100,000
ROI
25.7
Cash Flow/m
166- 2 Bed
- 1 Bath
- 848 sft
234 W 41st Ave, Gary, IN, 46408

$ 100,000
ROI
26.8
Cash Flow/m
196- 2 Bed
- 1 Bath
- 1150 sft
1856 W 21st Ave, Gary, IN, 46404

$ 100,000
ROI
26.0
Cash Flow/m
174- 3 Bed
- 2 Bath
- 2060 sft
515 E Arnold St, Bluffton, IN, 46714
Why Invest in Greenwood, Indiana?
Multi-family investments in Greenwood, IN offer strong potential for steady cash flow and appreciation in this growing Indianapolis suburb. Proximity to major employers and job growth supports high renter demand. Average rents around $1,200 per unit with cap rates near 7% make it attractive. Renter occupancy exceeds 40%, bolstered by modest home price growth of 1-2% annually. Stable market with low vacancy risks positions multi-family as a resilient choice.
8.5%
Avg. ROI
6.8%
Rental Yield
7.2%
Cap Rate
$1250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
1.5%
1Y Appreciation
Frequently Asked Questions
Greenwood offers stable cash flow from high renter occupancy and proximity to Indianapolis jobs. Cap rates around 7% and low vacancies make it resilient. Growth in the metro supports long-term appreciation.
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