- For Sale $865,000
- Property Type Multi-Family
- Property Size 5,376 SF
- Units 10
- Property Tenancy Multi-Tenant
- Year Built 2025
- Date Updated May 14, 2026
Description
Situated on the east side of Indianapolis, the area surrounding the property offers a dynamic and vibrant lifestyle. With easy access to a variety of retail and dining options, residents can enjoy a multitude of local amenities. The property is located near popular attractions such as the Indianapolis Zoo, Lucas Oil Stadium, and the renowned Indianapolis Museum of Art. Close proximity to public transportation and major roadways provides seamless connectivity, enhancing the appeal of the location. This sought-after area exhibits remarkable potential for long-term investment in the thriving Indianapolis market, attracting both residents and investors alike.10-unit Single Room Occupancy (SRO) property offering strong income potential and efficient operations. 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.
Highlights
- 10 units
- 5,376 SF building
- 80% occupancy
- Built in 2025
- Indianapolis location
- On a bus line
- Strong cash flow
- Vacant Lots For Sale
- Zoned D8
False
Contacts
Joshua Hoeft
SVN | Northern Commercial
Location
Located at 3712 East Washington Street, Indianapolis, IN 46201, this property is part of the Englewood neighborhood and Indianapolis market.
Contact Listing Broker
Joshua Hoeft
SVN | Northern Commercial