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3541 N Meridian St
Indianapolis, IN 46208
Llanhurst Apartments · Multifamily Property For Sale · 29 Units

Investment Highlights

  • Stabilized 29-Unit Apartment Property in Indianapolis
  • Attractive Unit Mix: 15 One-Bed and 14 Two-Bed Units
  • Excellent location: off Meridian St in Mapleton - Fall Creek Neighborhood
  • $150,000 in Recent Capital Expenditures
  • Spacious Units: Average Size of 982 Square Feet

Property Facts

No. Units 29
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.68 AC
Building Size 28,475 SF
No. Stories 3
Year Built 1915
Parking Ratio 0.7/1,000 SF
Zoning D9

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 15 $835.00 825
2+1 14 $975.00 1,150

Property Taxes

Property Taxes

Parcel Number
49-06-24-164-015.000-101
Land Assessment
$288,100
Improvements Assessment
$825,800
Total Assessment
$1,113,900
  • Listing ID: 36901157

  • Date on Market: 7/24/2025

  • Last Updated:

  • Address: 3541 N Meridian St, Indianapolis, IN 46208

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