3505 N Pennsylvania Street
Indianapolis, IN 46205
- – beds
- – baths
- – sqft
- ~3/4 acre lot
- 1920 build
Discover a prime investment opportunity in the heart of downtown! This exceptional 10-unit brick apartment complex, comprised of two five-unit buildings, offers unparalleled access to the city's vibrant atmosphere. Situated with close access to major highways, providing easy access to surrounding areas and major attractions. Located within 10mins to major sporting events, ensuring a steady stream of potential tenants. With 10 units, this property offers a stable income stream and potential for future appreciation. This property boasts steady tenants and is investor-friendly. Don't miss out on this incredible opportunity to own a thriving downtown brick apartment complex.
Last checked:
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Last updated Dec 12, 2024
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MLS# 22013587 —
The Building
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Year Built:1920
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New Construction:false
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Levels:Two
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Basement:true
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Green Certification:No
Location
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Directions:GPS Friendly
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Latitude:39.819333
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Longitude:-86.153572
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Fourplex
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Parcel Number:490624164032000101
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Acres:1/2-1 Acre
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Lot Size Acres:0.68
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Lot Size SqFt:29,534 Sqft
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Price Per Acre:1691176
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Current Use:Multi-Family
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Road Access:Access Rd
Listing Agent
- Contact info:
- Agent phone:
- (317) 690-2856
- Office phone:
- (317) 979-4663
Taxes
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Tax Lot:49-06-24-164-032.000-101
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Tax Year:2023
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Semi Annual Property Tax Amt:8646
Utilities
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Solid Waste:Yes
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Washington Park Add
Extra Units
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# of Units Total:10
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/2/24
Dec 2, 2024
|
Listed / Active | MIBOR | $1,150,000 | 76.9% (26.8% / YR) |
|
1/19/22
Jan 19, 2022
|
MIBOR | $650,000 | -6.5% | |
|
9/7/21
Sep 7, 2021
|
MIBOR | $695,000 |
