3710 E Washington St - Apartments FOR SALE


Indianapolis, IN 46201- Near Eastside
$865,000 USD
317-771-5494
3710 E Washington St, Indianapolis, IN for Sale
$865,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

3710 E Washington St
Indianapolis, IN 46201
Near Eastside


HIGHLIGHTS

  • 5,376 SF building
  • 10 units
  • Built in 2025
  • 80% occupancy
  • On a bus line

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$865,000 USD

PRICE/SF

$144 USD /SF

# OF UNITS

10

PRICE/UNIT

$86,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,957 SF

ZONING

D-8

APN/PARCEL ID

49-10-05-208-026.000-101

ASK ABOUT THIS PROPERTY

Joshua HoeftSVN | Northern CommercialMore Info
317-771-5494

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Joshua HoeftSVN | Northern CommercialMore Info
317-771-5494

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