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2351 Massachusetts Avenue

Indianapolis, IN 46218

ActiveListed Oct 15, 2026 · 1 day on market

Key facts

Lot
0.15 acres
Type
Land · Residential Lots
MLS #
22131059
County
Marion
Subdivision
Mc Veys Sub E T Fletchers

About this home

PRIME COMMERCIAL & RESIDENTIAL DEVELOPMENT OPPORTUNITY MINUTES FROM DOWNTOWN INDIANAPOLIS! Location, versatility, and opportunity! Discover the potential of this approximately 0.15-acre vacant lot conveniently located near downtown Indianapolis. Whether you're an entrepreneur looking to establish your own business, an established company seeking additional storage or operational space, or an investor envisioning a new residential development, this property offers an exciting opportunity to bring your plans to life. C-7 Commercial and D-8 Residential zoning, the property presents possibilities for a variety of commercial and residential uses. Consider a business location, contractor storage, equipment storage, or construction of a new home, subject to applicable zoning and development approvals. Situated along Massachusetts Avenue in Indianapolis' Near Eastside, this property offers convenient access to downtown, surrounding neighborhoods, and major transportation routes. Don't miss your chance to invest in a versatile piece of Indianapolis real estate. Bring your vision and explore the possibilities! Buyer to independently verify zoning classifications, permitted uses, utilities, lot dimensions, building requirements, and any necessary permits or approvals.

Description provided by the listing brokerage.

Exterior

Other structures
Barn(s)

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
C7

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$270 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,235per month, estimated
Principal and interest $1,134Property tax $23Insurance $79
20% · $45,000
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.

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Listed at$225,000
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