1
  • Property Type
  • Multi-Family 5+, Commercial Sale
  • 2
  • Garages
  • 8160 Sqft
  • Area Size
839 Riverside Drive, Greenwood, IN 46142
  • $625,000
  • $625,000

Description

Prime Multi-Family Investment Opportunity – 6 Units Near Greenwood Mall! Don’t miss this exceptional opportunity to own a fully functional 6-unit multi-family property located just moments from Greenwood Mall. This well-maintained complex offers a blend of immediate cash flow and future upside, with 4 units currently occupied and multiple units recently renovated. Unit 849 is move-in ready and actively listed for lease, while Unit 847 will soon be available and marketed as move-in ready. Each unit shares a thoughtfully designed, identical two-story layout built for comfort and convenience. The main level features a spacious living room, a dedicated dining area, a modern, fully equipped kitchen, and a convenient half bath. Upstairs, residents will find three generous bedrooms, a full bathroom, and ample natural light throughout. Every unit also includes either a dedicated carport or garage, adding to tenant convenience. Tenants are responsible for all utilities, making this an efficient and low-maintenance investment. The property must be sold as a complete package, offering investors the chance to secure six income-producing rental units in a high-demand location. This is a turnkey investment in a prime location-ideal for both seasoned investors and newcomers looking to expand their portfolio with a solid, cash-flowing asset.

  • Address: 839 Riverside Drive
  • City: Greenwood
  • State/county: IN
  • Zip/Postal Code: 46142

Details

Updated on August 1, 2025 at 2:01 am
  • Property ID 22046885
  • Price $625,000
  • Property Size 8160 Sqft
  • Land Area 0.25 Acres
  • Garages 2
  • Garage Size x x
  • Year Built 1965
  • Property Type Multi-Family 5+, Commercial Sale
  • Property Status Closed

Additional details

  • Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
  • County Johnson
  • Property Type Commercial Sale
  • Parking Detached
  • Middle School Greenwood Middle School
  • High School Greenwood Community High Sch
  • Architectural Style Traditional

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Preeti Chaggar

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