1809 W Morris St - Dormitory FOR SALE


Indianapolis, IN 46221- West Indianapolis
$249,900 USD
317-607-0884
1809 W Morris St, Indianapolis, IN for Sale
$249,900 USD
Dormitory - FOR SALE
1/30
null | Request Cap Rate

1809 W Morris St
Indianapolis, IN 46221
West Indianapolis


HIGHLIGHTS

  • Operating as Residential Recovery Center for women.
  • Includes a separate office building.
  • 2024 State DMHA Housing Certification for Recovery Residence Living.

OVERVIEW

Flexible commercial property with C-4 zoning, currently operating as Residential Recovery Center for women. Ideal for continuing community-based services or adapting to a wide range of commercial uses. Situated in the revitalized West Indianapolis area, this location features newly improved streets and access to two major bus lines. The main house building offers seven bedrooms and generous communal living spaces, highlighted by a spacious wraparound front porch and a fenced yard. Numerous recent upgrades include updated electrical service, enhanced power systems, and a new A/C unit installed in 2024. Room for more with unfinished 3rd floor. A spacious fenced back yard with large deck enhances your privacy. Rear parking area includes space for up to 6 cars. A separate office building on the adjacent lot includes a half bath—perfect for administrative or support or business use. The property carries a current 2024 State DMHA Housing Certification for Recovery Residence Living and a Homeland Security Fire Inspection, supporting a seamless continuation of transitional or supportive housing operations.

FOR SALE DETAILS

PRICE

$249,900 USD

PRICE/SF

$89 USD /SF

# OF UNITS

7

PRICE/UNIT

$35,700

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

C-4

APN/PARCEL ID

49-11-15-107-012.000-101

ASK ABOUT THIS PROPERTY

Sharon ThompsonKW Commercial IndianaMore Info
317-607-0884

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Sharon ThompsonKW Commercial IndianaMore Info
317-607-0884

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.