1708 N Ritter Ave | Indianapolis, IN 46218
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1708 N Ritter Ave
Indianapolis, IN 46218
Ritter Apartments · Multifamily Property For Sale
·
18 Units
Investment Highlights
- Recently Renovated Units
- $900k in Capital Improvements Since 2023
- Two Assets | 32 Units | 1708 N Ritter Ave (18 units) & 1720 N Layman Ave (14 units)
- New HVAC/Furnace Systems
- Updated Roofing
Property Facts
| No. Units | 18 | Building Size | 13,783 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1960/2023 |
| Building Class | C | Parking Ratio | 1.22/1,000 SF |
| Lot Size | 0.63 AC | ||
| Zoning | ZO01 - Commercial | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.63 AC |
| Building Size | 13,783 SF |
| Average Occupancy | 94% |
| No. Stories | 3 |
| Year Built/Renovated | 1960/2023 |
| Parking Ratio | 1.22/1,000 SF |
| Zoning | ZO01 - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Heating
- Kitchen
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 600 |
| 1+1 | 2 | - | 700 |
| 2+1 | 15 | - | 800 |
Property Taxes
| Parcel Number | 49-07-34-144-001.000-701 | Improvements Assessment | $398,800 |
| Land Assessment | $38,500 | Total Assessment | $437,300 |
Property Taxes
Parcel Number
49-07-34-144-001.000-701
Land Assessment
$38,500
Improvements Assessment
$398,800
Total Assessment
$437,300
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