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1357 W Stop 11 Rd 3,900 SF Specialty Building Offered at $375,000 in Indianapolis, IN 46217

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EXECUTIVE SUMMARY

This income-producing gem brings in $3,900 monthly in rent! Unit A has been refreshed with updated plumbing, electrical, and lighting, while Units B and D have been fully modernized. A common laundry area adds convenience, and the attached garage offers the possibility of converting into a 6th unit. The lease for Unit B ended in July, with other units leased through January 2025. Plus, the property features an updated furnace and water heater, ensuring everything runs smoothly.

PROPERTY FACTS

Price $375,000
Price Per SF $96.15
Sale Type Investment
Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 2.47 AC
Building Size 3,900 SF
No. Stories 2
Year Built 1930
Parking Ratio 0.77/1,000 SF
Zoning R-2 - Residential

AMENITIES

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-14-22-131-008.000-500
Land Assessment
$196,400
Improvements Assessment
$290,900
Total Assessment
$487,300
  • Listing ID: 34346361

  • Date on Market: 1/2/2025

  • Last Updated:

  • Address: 1357 W Stop 11 Rd, Indianapolis, IN 46217

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1357 W Stop 11 Rd

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