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Explore Similar Apartments Within 10 Miles of Lapel, IN

  • /89

    $79,000

    • 3 Beds
    • 2 Baths

    2223 Nichol Ave, Anderson, IN 46016

    Investor Opportunity! This unique property was originally two separate houses, now connected by two large meeting rooms-the multi-use property with 9,582 sqft, featuring some deficiencies, but priced to sell. The two original homes, one with the potential of a separate, efficient apartment, could serve as residences or generate rental income. The two large open areas could be adapted for various

    Kevin Majeski Carpenter, REALTORS®

    2223 Nichol Ave, Anderson, IN 46016
  • /21

    $180,000

    • 5 Beds
    • 3 Baths

    120 W 5th St, Anderson, IN 46016

    Welcome to 120 and 118 W Fifth Street - a beautifully updated duplex located just steps from downtown Anderson. This property is the perfect blend of classic charm and modern style with great curb appeal and loads of character. This versatile property offers three spacious units with many updates, vintage details, and abundant natural light. With a third unit already in the home, it can be easily

    Michael Nauman RE/MAX Advanced Realty

    120 W 5th St, Anderson, IN 46016
  • /32

    $325,000

    • 5 Beds
    • 4 Baths

    1157 Division St, Noblesville, IN 46060

    Rare Tri-Plex Opportunity in the Heart of Noblesville! Many Updates including a BRAND NEW FOUNDATION WITH TRANSFERRABLE WARRANTY! Recent Tree Removal & Landscape Clean Up on Exterior; New Front Doors; ROOF (5 yrs old)! UNIT 1 has Newer Flooring Throughout after all Floors & Ceilings were Leveled, 2 NEW Windows, Reconfigured/Updated Kitchen, Newer Stove! UNIT 2 has Updated Bathroom w/Newer

    James Smock F.C. Tucker Company

    1157 Division St, Noblesville, IN 46060
  • /8

    $400,000

    • 8 Beds
    • 4 Baths

    319 Hst W 10th St, Anderson, IN 46016

    Quadplex in the heart of Anderson's historic district, steps from downtown. Completely remodeled! Each unit with 2 bedrooms/1 bathroom. Great, modern finishes, open layout, new laminate flooring, kitchens with granite countertops.

    Justin Puckett Keller Williams Indy Metro NE

    319 Hst W 10th St, Anderson, IN 46016
  • /11

    $129,900

    • 3 Beds
    • 2 Baths

    1309 Pearl St, Anderson, IN 46016

    Investment property located just minutes from downtown Anderson! This duplex features a 1-bed/1-bath unit and a 2-bed/2-bath unit with separate entry. Tenants pay all utilities and there is a new water line from the street to the home. Whether you are a seasoned investor or just starting your portfolio, this property offers great income potential in a desirable area!

    Cory Parker RE/MAX Real Estate Solutions

    1309 Pearl St, Anderson, IN 46016
  • /25

    $210,000

    • 6 Beds
    • 3 Baths

    20 & 22 W 8th St, Anderson, IN 46016

    Attention Investors! This downtown gem has loads of potential!!! Recently updated, this building has a finished 3,182 sq. ft ready for your needs. This is actually two buildings, 20 & 22 W. 8th. They have long been combined, there are two doorways through the firewall. The east side features a huge full bath and washer dryer hookups. The building is zoned in the permissive B-2 class

    Nick Rodgers RE/MAX Real Estate Solutions

    20 & 22 W 8th St, Anderson, IN 46016
  • /57

    $200,000

    • 4 Beds
    • 2 Baths

    1732 Noble St, Anderson, IN 46016

    Unlock cash flow with this fully renovated and stabilized property featuring two single-family homes on one lot-each rented at $850/month with room to raise rents. Whether you're a seasoned investor or a house hacker looking to live for less, 1732 Noble St in Anderson offers flexibility and immediate income. One home has been completely renovated from the studs, including new drywall, flooring,

    Alyssa Burton Inspired Realty

    1732 Noble St, Anderson, IN 46016
  • /34

    $500,000

    • 6 Beds
    • 3 Baths

    1419 S 9th St, Noblesville, IN 46060

    Discover a beautifully updated triplex in the heart of Noblesville, just minutes from downtown shops, restaurants, and parks. The spacious main-level unit features three bedrooms, a renovated interior with brand-new flooring and paint, and a new water heater (2025). Upstairs, you'll find two additional units: a one-bedroom with a reliable long-term tenant and a two-bedroom unit ready for new

    Connor Jones Mark Dietel Realty, LLC

    1419 S 9th St, Noblesville, IN 46060
  • /9

    $259,900

    • 4 Beds
    • 2 Baths

    129 Wilson St, Cicero, IN 46034

    Investor Opportunity in Charming Cicero! Don't miss this rare chance to own a ranch-style duplex in the heart of Cicero, just west of CVS. 129 Wilson St features two spacious units, each offering 2 bedrooms, a comfortable carpeted living room, and vinyl flooring throughout the kitchen and wet areas. Both Unit A and Unit B are currently occupied by long-term tenants, providing immediate and

    Kristopher Elliott Booker Realty

    129 Wilson St, Cicero, IN 46034
  • /21

    $214,900

    • 4 Beds
    • 2 Baths

    1309 E 47th St, Anderson, IN 46013

    This very well-maintained duplex located on Anderson's Southeast side has so much to offer. The maintenance free brick exterior, large yard, and nice back patio area are attractive features to attract and keep renters. The location is convenient to shopping, entertainment, amenities, and interstate access. There are 2 units with the addresses of 1309 and 1311 E 4th St, Anderson, IN 46013.

    Jeff Weightman Weightman Realty Group, LLC

    1309 E 47th St, Anderson, IN 46013
  • /36

    $177,000

    • 2 Beds
    • 2 Baths
    • 1,508 Sq Ft

    334 Central Ave, Anderson, IN 46012

    Tenants fall in love with this charming mid-century modern duplex just one block from Anderson University. Each unit boasts an attached garage with included opener, a 12’x17’ spacious hardwood floor bedroom, galley kitchens with new or newer appliances, granite countertops, dishwashers, disposals, washer-dryer hookups and more. The large living rooms feature brick fireplaces, floor-to-ceiling

    Jon Green F.C. Tucker / Prosperity

    334 Central Ave, Anderson, IN 46012
  • /33

    $100,000

    • 3 Beds
    • 2 Baths

    1820 Central Ave, Anderson, IN 46016

    Investor Special - Vacant Duplex in Prime Anderson Location! Now fully vacant and ready for immediate renovation or lease-up, this duplex is an ideal investment for both new and experienced investors. Property features: Unit 1: 2 bedrooms, 1 bathroom - spacious layout with value-add potential. Unit 2: 1 bedroom, 1 bathroom - efficient and easy to rent. Located in a desirable Anderson neighborhood

    Kierstyn Wood Ferris Property Group

    1820 Central Ave, Anderson, IN 46016
  • /44

    $169,900

    • 4 Beds
    • 3 Baths

    427 W 9th St, Anderson, IN 46016

    Great opportunity for extra cash flow! This triplex offers a large main level unit with a spacious living area with a beautiful wood burning fireplace/dining room and 2 bedrooms with front and back entrances! Both units upstairs are accessible via private entrance and offer a great layout for residents to enjoy! All units have solid hardwood floors and come with appliances. Main level unit is

    Trevar Denney RE/MAX Real Estate Solutions

    427 W 9th St, Anderson, IN 46016
  • /20

    $79,900

    • 1 Bed
    • 1 Bath

    421 W 2nd St, Anderson, IN 46016

    Investor Alert! Discover a remarkable investment package conveniently located near downtown Anderson. Part of a broader offering of 4 doors across 3 properties, this particular property is a value-add brick ranch duplex. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 421 W 2nd St, the duplex sits on a flat lot and has a

    Peter Stewart Keller Williams Indpls Metro N

    421 W 2nd St, Anderson, IN 46016
  • /10

    $92,150

    • 1,344 Sq Ft

    731 W 9th St Unit Anderson, Anderson, IN 46016

    Welcome to this charming duplex at 731-733 West 9th Street, Anderson, Indiana. Built in 1941, this property offers an excellent investment opportunity with two units, each designed to provide comfortable living spaces. Unit 731 features one bedroom and one bathroom, perfect for singles or couples. Unit 733 offers two bedrooms and one bathroom, ideal for small families or tenants needing extra

    BRIAN INGLE FC Tucker Richmond

    731 W 9th St Unit Anderson, Anderson, IN 46016
  • /38

    $130,000

    • 4 Beds
    • 2 Baths

    2420 Fletcher St, Anderson, IN 46016

    Investor ready! Renovated duplex ready for its new owner. Both units are currently occupied. Great income producing potential! Each side features 2 bedrooms, 1 bathroom, large living room and kitchen, and separate laundry room. Property to be sold as-is! Both units have had electric updated.

    Justin Puckett Keller Williams Indy Metro NE

    2420 Fletcher St, Anderson, IN 46016
  • /15

    $140,000

    1712 Main St, Anderson, IN 46016

    Investor alert! Duplex with immediate cash flow. Both units are currently occupied and 48 hr notice for showings. Both units are 2 bedroom/1 bath. Upper apartment has in unit laundry. Over $50,000 in improvements over the last few years including but not limited to new HVAC, window replacements, remodeled bathrooms, new kitchen cabinets and counters, new flooring, new drain lines, doors, etc. See

    Justin Puckett Keller Williams Indy Metro NE

    1712 Main St, Anderson, IN 46016
  • /17

    $1,270,000

    • 4 Beds
    • 3 Baths

    2976 N Scatterfield Rd, Anderson, IN 46012

    Multi Use commercial/residential building. 100% leased, great cash flow! Three commercial units with multi-year leases w/ extension options. Seven residential apartments. Many recent updates including new HVAC, Parking lot repairs, indoor and outdoor lighting converted to LED for energy efficiency, exterior painting, roofing, sewer line repairs, and a vast amount of interior remodeling for

    Barry Hines Realty Wealth Advisors

    2976 N Scatterfield Rd, Anderson, IN 46012
  • /9

    $715,000

    • 8 Beds
    • 4 Baths

    321 Beechwood Dr, Noblesville, IN 46060

    Investor opportunity! Remodeled multi-family property with full occupancy available. All units are rented ($1260/$1260/$1305/$1173). Vinyl plank flooring throughout, new vinyl windows, stone countertops in each unit. This quadplex has vinyl siding and sits on a large corner lot with two driveways in quiet Forest Hills Estates.

    Kristopher Elliott Booker Realty

    321 Beechwood Dr, Noblesville, IN 46060

Why Live in Lapel

Lapel, Indiana, is a small town with a population of around 2,500, offering a laid-back lifestyle and convenient commuting options to nearby Hamilton County. The town has deep agricultural roots, demonstrated by the community's support for local farmers after tornadoes in April 2025. Housing in Lapel includes midcentury cottages, bungalows, ranch-style, and gable-front homes, along with new builds featuring traditional, modern farmhouse, and Craftsman styles. The town's lower median home price of $250,000 is a significant draw compared to neighboring Noblesville and Fishers. Lapel's schools, part of the Frankton-Lapel Community Schools district, are highly rated, with Lapel High School offering Advanced Placement and dual-credit classes. Community spirit is evident at local sports events, where residents cheer on the Lapel High School Bulldogs. Lapel features several parks, including Brookside Park with its sports complex, Memorial Park's skatepark, and Woodward Park's splash pad and playground. Residents enjoy proximity to Ruoff Music Center, Geist Reservoir, and Harrah’s Hoosier Park Casino Racetrack. Dining options include King Dough and Pax Verum Brewing Company, and Smoky’s Concession Stand. For shopping, Hamilton Town Center is a short drive away. The annual Village Fair is a cherished tradition, attracting former residents back to town. Lapel is less than 10 miles from Anderson and Noblesville, with downtown Indianapolis reachable in about 45 minutes via I-69.

Home Trends in Lapel, IN

Housing Trends

Median Sale Price
$235,000
Median Single Family Sale Price
$293,995
Average Price Per Sq Ft
$166
Number of Homes for Sale
30
Last 12 months Home Sales
25
Months of Supply
14.40
Median List Price
$294,995
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-18%
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