5819 E Washington St - Apartments FOR SALE


Indianapolis, IN 46219- Irvington
$1,075,000 USD
317-853-7502
5819 E Washington St, Indianapolis, IN for Sale
$1,075,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

5819 E Washington St
Indianapolis, IN 46219
Irvington


OVERVIEW

Irvington Studio is located in the heart of Irvington, one of Indianapolis’ most established east-side neighborhoods. The property comprises approximately 10,149 square feet situated on a ±0.25-acre site. The asset consists of 14 total units, including thirteen (13) studio apartments and one (1) one-bedroom unit, offering an efficient and in-demand unit mix well suited to the submarket. Additionally, there is limited comparable supply of similarly sized multifamily properties within Irvington, supporting long-term demand. The location provides convenient access to local retail, dining, and neighborhood amenities, along with close proximity to Downtown Indianapolis and major employment centers.

FOR SALE DETAILS

PRICE

$1,075,000 USD

PRICE/SF

$108 USD /SF

# OF UNITS

14

PRICE/UNIT

$76,786

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

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,955 SF

ZONING

ZO01

APN/PARCEL ID

49-10-03-206-003.000-701

ASK ABOUT THIS PROPERTY

Michael ShortALO Property GroupMore Info
317-853-7502

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Michael ShortALO Property GroupMore Info
317-853-7502

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