3753 Meridian St, Indianapolis, IN 46208

19 Unit Apartment Building | $2,250,000 ($118,421/Unit) | Indianapolis, IN 46208

Asking Price $2,250,000

Property Type: Multifamily
Square Feet: 21,369 SF

Listing Contacts

Devan Lunceford

Verified Profile

Property Info

Property Overview

Presenting a prime investment: a 19-unit commercial apartment building at 3753 N Meridian St, Indianapolis, IN 46208, listed at $2,250,000. Strategically located 5 miles north of Downtown, offering easy access to amenities and public transportation. The property is versatile for various investment strategies, with its proximity to the Redline route catering to a diverse tenant base. Boasting a competitive price of $118,421 per unit, it presents a unique opportunity for customization and enhancement. Seize this rare chance to own a strategically located commercial property in the heart of Indianapolis.

Property Details

Class: B
Year Built/Renovated: 1960/2023
Stories: 3
Lot Size (sq. ft): 17,424 SF
Units: 19

Highlights

10 minutes to Downtown Indy, heavy foot traffic, great rental/section 8 location, directly in front of Indianapolis' redline bus system

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