Indianapolis IN Multi Family for Sale

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Indianapolis Real Estate

The median home value in Indianapolis, IN is $221,900. This is higher 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 is $221,900. Approximately 48.52% of Indianapolis homes are owned, compared to 40.53% rented, while 10.95% are vacant. Indianapolis 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 real estate agent to arrange a tour today!

Indianapolis, Indiana 46241 has a population of 880,104. Indianapolis 46241 is less family-centric than the surrounding county with 26.06% of the households containing married families with children. The county average for households married with children is 26.96%.

The median household income in Indianapolis, Indiana 46241 is $54,321. The median household income for the surrounding county is $54,601 compared to the national median of $69,021. The median age of people living in Indianapolis 46241 is 34.3 years.

Indianapolis Weather

The average high temperature in July is 84 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 42.4 inches per year, with 21.6 inches of snow per year.

Indianapolis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    60
    30-day change

Indianapolis Schools and Demographics

Education near Indianapolis, IN

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 17.7 17.7

Elementary Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Blue Academy 01 - 06 582 18.8 46221
Bridgeport Elementary School KG - 06 697 18.3 46231
Gold Academy 01 - 06 591 17.9 46221
Liberty Early Elementary School KG - 01 475 21.6 46241
Maplewood Elementary School PK - 06 694 17.4 46241
McClelland Elementary School KG - 06 810 16.2 46241
Rhoades Elementary School PK - 06 778 18.1 46241
Stephen Decatur Elementary School 01 - 06 507 16.9 46221
Stout Field Elementary School PK - 06 733 17.4 46241
Valley Mills Elementary School 01 - 06 550 19.6 46221
William Pennsylvania School 49 KG - 06 707 16.8 46221

Middle Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Decatur Middle School 07 - 08 952 18.3 46221
Key Learning Community Jr High School 06 - 08 143 6.8 46221
Lynhurst 7th & 8th Grade Center 07 - 08 1,241 15.1 46241

High Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Ben Davis University High School 10 - 12 358 19.9 46241
Decatur Central High School 09 - 12 1,690 19.5 46221
Decatur Township School for Excellence 08 - 12 269 25.6 46221
Key Learning Community High School 09 - 12 56 4.7 46221

Ungraded Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Damar Charter Academy KG - 12 163 20.4 46241

Demographics near Indianapolis, IN 46241

Metric Zip Code City
Neighborhood Type Suburban
Population 880,104 969,542
Population Density 2,434 2,446
Median Age 34.3 34.4
People per Household 2.5 2.5
Median Household Income 54,321 54,601
Average Income per Capita 31,538 31,668