Key facts
- Living area
- 8,750 sqft
- Lot
- 0.09 acres
- Type
- Commercial Sale · Retail
- MLS #
- 22083393
- County
- Marion
- Total building area
- 8,750 sqft
About this home
Nothing compares to the freedom of passive income paired with the prestige of offering luxury living. **Welcome to 2305 E Michigan St, Indianapolis, IN 46201** a standout mixed-use property designed for investors who recognize opportunity the moment they see it. Built in like-new condition, this impressive building features three units, with two already generating steady rental income and one vacant, ready for you to maximize its earning potential or select your next tenant. From the moment you step inside, you will appreciate the modern finishes, thoughtful layout, and the kind of quality that attracts and retains residents. An added bonus is the dedicated storage space, providing flexibility and additional value rarely found in similar properties. Whether you are expanding your portfolio or stepping into a high-performing investment for the first time, this property delivers the ideal blend of immediate cash flow and long-term growth. Opportunities like this do not last secure a property that works for you today and builds your wealth for tomorrow.
Description provided by the listing brokerage.
Exterior
- View
Systems
- Utilities
Lot and HOA
- Zoning
- C5
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $2,334 / 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.
Talk to a lender we trust