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2225 E 10th Street

Indianapolis, IN 46201

ActiveListed Jan 9, 2026 · 182 days on market

Key facts

Lot
0.327 acres
Type
Land · Residential Lots
MLS #
22078803
County
Marion
Subdivision
J E Downeys Arsenal Heights

About this home

Rare opportunity to acquire a 0.33-acre parcel (multi-lot) zoned MU-1, allowing high-density residential development by right. The zoning also provides flexibility for alternative commercial uses, and the City has expressed openness to retail and creative commercial concepts, making this a highly adaptable infill site. The current ownership is open to collaborating with a commercial user, including pop-up retail, temporary activations, or a build-to-suit opportunity for the right concept. This creates a unique pathway for operators seeking a lower-barrier entry into a high-visibility location while longer-term development plans are finalized. Highlights: MU-1 zoning permitting high-density residential, City support for alternative commercial and retail uses, Ideal for pop-up retail, food, experiential concepts, or build-to-suit, Flexible ownership willing to partner on creative solutions, Infill parcel suited for both near-term activation and long-term redevelopment. This site is well-positioned for developers, operators, or investors seeking zoning flexibility, municipal support, and ownership willing to think creatively.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Lot features
City Lot
Zoning
MU-1

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$955 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,508per month, estimated
Principal and interest $1,336Property tax $80Insurance $93
20% · $53,000
6.47%
Loan type
Loan term

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.

Talk to a lender we trust
Listing Office:
@properties
Listing Office Phone:
317-489-3441
Listed by
Firm
@properties
Firm phone
317-489-3441
MLS #
22078803
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Listed at$265,000
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