Key facts
- Living area
- 5,376 sqft
- Lot
- 0.14 acres
- Type
- Commercial Sale · Multi Family
- MLS #
- 22073725
- County
- Marion
- New construction
- Yes
- Total building area
- 5,376 sqft
About this home
10-unit Single Room Occupancy (SRO) property offering strong income potential. 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 at a separate offering. Listing broker for financials and touring.
Description provided by the listing brokerage.
Systems
- Utilities
Lot and HOA
- Zoning
- D8
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $9,758 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2024
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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