16- Unit Multi-Family Properties
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16- Unit Multi-Family Properties
2 Multifamily Properties Offered at $1,260,000 in Indianapolis, IN
INVESTMENT HIGHLIGHTS
- Two well-maintained buildings situated at 5128/5140 E Washington Street in the historic and vibrant Irvington neighborhood of Indianapolis.
- The property features a total of 16 1-bedroom, 1-bathroom units designed for functional living.
- This property presents a unique chance to invest in a high-demand area with strong rental potential and prospects for long-term returns.
- Offers excellent access to local amenities and public transportation.
- Ideal for group home operators, assisted living providers, or investors.
EXECUTIVE SUMMARY
Discover a prime investment opportunity with this 16-unit multi-family property, featuring two buildings located at 5128/5140 E Washington Street in the historic neighborhood of Irvington located in Indianapolis. Priced at $1,260,000, this property offers a unique chance to own a well-maintained, high-demand asset in one of Indianapolis’s most vibrant communities.
This property is ideally suited for group home operators, assisted living providers, or investors looking to expand their portfolio with a stable income-generating asset. Each building is designed for functional living, with amenities and layouts tailored to
support a variety of tenant needs. The Irvington location provides convenient access to nearby amenities, public transportation, and a welcoming neighborhood atmosphere
This property is ideally suited for group home operators, assisted living providers, or investors looking to expand their portfolio with a stable income-generating asset. Each building is designed for functional living, with amenities and layouts tailored to
support a variety of tenant needs. The Irvington location provides convenient access to nearby amenities, public transportation, and a welcoming neighborhood atmosphere
PROPERTY FACTS
| Price | $1,260,000 | Number of Properties | 2 |
| Price / SF | $77.26 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 16,308 SF |
| Status | Under Contract | Total Land Area | 0.30 AC |
| Price | $1,260,000 |
| Price / SF | $77.26 / SF |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,308 SF |
| Total Land Area | 0.30 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 5128 E Washington St, Indianapolis, IN 46219 | Multifamily | 8,400 SF | 1930 | - |
| 5140 E Washington St, Indianapolis, IN 46219 | Multifamily | 7,908 SF | 1940 | - |
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16- Unit Multi-Family Properties
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