Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago,
Indianapolis Neighborhood Recommendations
Greetings! After a great deal of reading and researching on general markets, I've decided to hone in on Indianapolis as the place to look for my first rental property, specifically focusing on multi-family units. I'd like to pay a visit to drive around town to check out the area, but I'd to have a better idea of the general neighborhoods first so I can plan accordingly.
So far, I've only gauged neighborhoods based on school districts (from Redfin's greatschools data) and crime rates. In terms of public school districts, it looks like Speedway, South Ripple, and some areas near Southport have good school districts (does this even matter with multi-family units?). For crime rates, it looks like Speedway may be the safest. Obviously, these are all very generalized based on what I'm finding online and can vary from street by street as I've been told previously.
I've also read in some housing reports that the area in Hamilton County (specifically the south side due to being closer to Indianapolis) has been experiencing some growth. Can anyone local confirm this?
One thing I still haven't done yet is find out where all the major companies/jobs are at. If anyone has other factors that they believe I should consider please fire away!
Thanks in advance!