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1354 Shelby St
Indianapolis, IN 46203
Multifamily Property For Sale · 5 Units

Investment Highlights

  • Fully leased property
  • Situated on a 0.255 acre parcel
  • Frontage location
  • Located in a historic district

Executive Summary

An eight-unit, 8,700 square foot mixed-use building featuring three commercial suites and five apartments, fully leased and located in the historic Fountain Square district.

Property Facts

Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.25 AC
Building Size 8,700 SF
Average Occupancy 100%
No. Stories 2
Year Built 1957
Zoning ZO01

Amenities

Site Amenities

  • On-Site Retail

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 - 600

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 49-11-13-150-046.000-101
  • 49-11-13-150-052.001-101
Land Assessment
$342,100
Improvements Assessment
$479,000
Total Assessment
$821,100
  • Listing ID: 41737596

  • Date on Market: 8/13/2026

  • Last Updated:

  • Address: 1354 Shelby St, Indianapolis, IN 46203

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