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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

$ 235,000
ROI
21.4
Cash Flow/m
106- 3 Bed
- 2 Bath
- - sft
409 W Wiley St, Greenwood, IN, 46142

$ 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
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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