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Listed by Joshua Hoeft • Kaiser Real Estate Corp.
$865,000
Est. payment /mo
5,376 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 5,376 sqft
Price per Sqft $160
MLS Listing ID 22073725
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Multi-Family 5+
Property Description
10-unit Single Room Occupancy (SRO) property offering strong income potential. The building features five units on the upper level and five on the lower level, each with a private bathroom. Shared kitchens, living rooms, and laundry facilities are located on both sides, creating a balanced and functional layout for tenants. Excellent opportunity for an investor seeking steady cash flow or the potential to continue developing on the adjoining lots which can be purchased alongside the building at a separate offering. Listing broker for financials and touring.
Location
State IN
County Marion
Zoning D8
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected
Building
New Construction true
Schools
School District Indianapolis Public Schools
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