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839 Riverside Drive

Greenwood, IN 46142
  • $625,000
  • STATUS: Pending
  • ON SITE: 19 Days
  • MLS #: 22046885
Under Contract
UPDATED: 55 min ago
$625,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1965
County:

School Information

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.

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© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2025-07-14T00:25:29.257. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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839 Riverside Drive Greenwood, IN 46142

  • Price: $625,000
  • Status: Pending
  • On Site: 19 Days
  • Updated: 55 min ago
  • MLS #: 22046885
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1965
Built
Neighborhood:
4102 - Johnson - Pleasant
County:
Johnson
Area:
4102 - Johnson - Pleasant
Middle School:
Greenwood Middle School
High School:
Greenwood Community High Sch
School District:
Greenwood Community Sch Corp
Property 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.
Exterior Features

Architectural Style TraditonalAmerican Levels Two Parking Features Detached Structure Type Duplex

Interior Features

Basement YN No Building Area Total 8160

Property Features

Acres 1/4-1/2 Acre Current Use Apt<20 Dpr YN No Green Certification YN No New Construction YN No Number Of Units Total 6 Owner Pays Taxes Possession ClosingSubject To Tenants Rights Property Sub Type Multi-Family 5+ Semi Annual Property Tax Amt 1938 Space Available 8160 Special Listing Conditions Flood PlainSales Disclosure Supplements Tax Exemption None Tax Year 2024 Tenant Pays All Utilities Township Pleasant Transaction Type Sale Utilities Electricity ConnectedSewer ConnectedWater Connected Zoning RM

Listing provided courtesy of T&H Realty Services, Inc.: rosie@threaltyinc.com. © 2025 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2025-07-14T00:25:29.257. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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