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Indianapolis, IN 46218 Multi-family Properties For Sale

The median home value in Indianapolis, IN 46218 is $97,700. This is lower than the county median home value of $219,900. The national median home value is $338,100. The average price of homes sold in Indianapolis, IN 46218 is $97,700. Approximately 37.22% of Indianapolis, IN 46218 homes are owned, compared to 43.93% rented, while 18.85% are vacant. Indianapolis, IN 46218 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Indianapolis, IN 46218 real estate agent to arrange a tour today!

Learn More About Indianapolis, IN 46218 Real Estate

Statistics & facts

26,757 Population
$97,700 Medium Home Value
12,795 # of Households
18.85% Housing Vacancy
47.66% Future Job Growth
2.60% Unemployment Rate

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Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Based on information submitted to the MLS GRID as of {{last updated}}. 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.

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Population

Indianapolis, IN 46218 has a population of approximately 26,757 and experiences a population change rate of -22.68%. The population density is 2,837.4 / sq mi.

Household

The median household income for Indianapolis, IN 46218 is $28,758, with 12,795 households and an average household size of 2.27.

Cost of Living

The cost of living index in Indianapolis, IN 46218 is 75.5%.

Home Value

The median value of a home in Indianapolis, IN 46218 is $97,700 with an appreciation rate of 17.3%. 37.2% of housing in the zip code is owned while 43.9% is rented.

Employment

The unemployment rate in Indianapolis, IN 46218 is 2.60%, and recent job growth is at 2.40%. Future job growth is projected at 47.66%.

Taxes

The sales tax rate in Indianapolis, IN 46218 is 7.00%, while the income tax rate is 3.23%.

Education

School expenditures in Indianapolis, IN 46218 are $14,503, and the school ratio is 17.7:1.

Weather

The average high temperature in July is 83.7 degrees, with an average low temperature in January of 19.3 degrees. The average rainfall is approximately 42.9 inches per year, with 19.8 inches of snow per year.

Education near Indianapolis IN, 46218

Metric City County
High School Graduates 86.65 86.89
College Degree - 2 year 7.6 7.68
College Degree - 4 year 32.88 32.79
Graduate Degree 8.24 8.17
Expenditures per Student $14,503 $14,503
Students per Teacher 17.70 17.70

Elementary Schools near Indianapolis IN , 46218

School Grades Students P/T Ratio ZIP
Andrew Academy KG - 08 222 15.3 46218
Anna Brochhausen School 88 PK - 06 337 17.7 46218
Arlington Woods Elementary School KG - 06 486 14.3 46218
Avondale Meadows Academy KG - 05 482 17.9 46205
Brookside School 54 KG - 06 552 12.3 46201
Christian Park School 82 KG - 06 411 16.4 46201
James Russell Lowell School 51 PK - 06 589 16.8 46218
Joyce Kilmer School 69 KG - 06 376 15 46218
KIPP INDY Unite Elementary KG - KG 103 11.4 46218
Paramount School of Excellence KG - 08 616 20.5 46201
Rousseau MC Clellan 91 KG - 08 476 17 46205
Thomas D Gregg School 15 PK - 06 640 14.6 46201

Middle Schools near Indianapolis IN , 46218

School Grades Students P/T Ratio ZIP
H L Harshman Middle School 07 - 08 587 83.9 46201
KIPP INDY College Prep. Middle 05 - 08 347 13.3 46218
Tindley Collegiate Academy 05 - 08 343 15.9 46205
Tindley Preparatory Academy 05 - 08 301 14.7 46205

High Schools near Indianapolis IN , 46218

School Grades Students P/T Ratio ZIP
Arsenal Technical High School 09 - 12 1831 14 46201
Charles A Tindley Accelerated School 09 - 12 288 13.4 46205
Thomas Carr Howe Comm High School 07 - 12 633 14.6 46201

Ungraded Schools near Indianapolis IN , 46218

School Grades Students P/T Ratio ZIP
* Excel Center for Adult Learners 09 - 12 1348 26.9 46205
Indiana School for the Deaf PK - 12 344 15.6 46205

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