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Greenwood, IN Multifamily Home for Sale

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    $389,900

    • 7 Beds
    • 3 Baths

    805 Riverside Dr, Greenwood, IN 46142

    Opportunity is knocking on this solid fourplex in Greenwood. This building features 3 - 2 Bed units and 1 - 1 Bed unit. All units are currently occupied, do not disturb the tenants. This building can be purchased with the building next door.

    Ryan Moriarty Weichert, Realtors-Tralee Prop

    805 Riverside Dr, Greenwood, IN 46142

Why Live in Greenwood

Greenwood, IN, located about 15 miles south of downtown Indianapolis, is a growing city with a population exceeding 63,000. Known for its small-town charm and modern suburban development, Greenwood has become a hub for industrial jobs, housing the U.S. headquarters of Endress+Hauser and an Amazon fulfillment center. The city’s growth is supported by the G.R.O.W. Greenwood Initiative, which aids local businesses. Greenwood offers a range of housing options, from affordable condos and mid-century ranch-style homes to large contemporary custom houses. The city’s accessibility is enhanced by U.S. Highway 31 and Interstate 65, allowing for a 30-minute commute to downtown Indianapolis and easy travel to Louisville or Cincinnati. Public transportation is available through Access Johnson County buses, and the Indianapolis International Airport is 20 miles away. Greenwood features over 400 acres of outdoor space across 17 parks and more than 20 miles of trails, with Craig Park being the largest. Residents enjoy seasonal activities at Freedom Park and Freedom Springs Greenwood Aquatics Park, as well as several golf courses. The Center Grove Community School Corporation, highly rated for its academics and athletics, serves the western part of Greenwood. Greenwood Park Mall, one of the largest in the state, and the Old Town Historic District offer diverse shopping and dining experiences. The city is part of Johnson County’s “Festival Country,” hosting events like Freedom Fest and concerts at the Greenwood Amphitheatre. Greenwood’s violent crime rate is less than half the national average. Tornadoes are an occasional concern, with significant events recorded in 2002 and 2023.

Home Trends in Greenwood, IN

Housing Trends

Median Sale Price
$382,250
Median Single Family Sale Price
$385,000
Median Townhouse Sale Price
$343,000
Median 2 Bedroom Sale Price
$222,000
Average Price Per Sq Ft
$161
Number of Homes for Sale
64
Last 12 months Home Sales
550
Months of Supply
1.40
Median List Price
$409,995
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
3%
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