This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.com.

3725 N Sherman Dr
Indianapolis, IN 46218

Multifamily Property For Sale · 8 Units

Investment Highlights

  • 4 units newly renovated
  • All units Section 8 - Guaranteed income!
  • New roof in 2020

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.11 AC
Building Size 4,960 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1953/2021
Parking Ratio 2.42/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - -
2+1 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-07-21-139-183.000-101
Land Assessment
$12,100
Improvements Assessment
$279,500
Total Assessment
$291,600

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 24058917

  • Date on Market: 9/8/2021

  • Last Updated:

  • Address: 3725 N Sherman Dr, Indianapolis, IN 46218

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}