$249,000
- 2 Beds
- 1 Bath
234 N Brewer St, Greenwood, IN 46142
Dwayne May Vital Equity Realty, LLC
$249,000
234 N Brewer St, Greenwood, IN 46142
Dwayne May Vital Equity Realty, LLC
$389,900
805 Riverside Dr, Greenwood, IN 46142
Ryan Moriarty Weichert, Realtors-Tralee Prop
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.
On average, homes in Greenwood, IN sell after 39 days on the market compared to the national average of 52 days. The median sale price for homes in Greenwood, IN over the last 12 months is $340,000, up 6% from the median home sale price over the previous 12 months.
In Greenwood, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $249,000 to $389,900, there's a range to accomodate every budget. As of September, 2025 the median home price in Greenwood is $360,000, while the average sale price is $373,119, offering insights into the local housing market. On average, multi-family homes spend 39 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Greenwood, IN.