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3710 E Washington St 10 Unit Apartment Building $865,000 ($86,500/Unit) Indianapolis, IN 46201
INVESTMENT HIGHLIGHTS
- 5,376 SF building
- Built in 2025
- On a bus line
- 10 units
- 80% occupancy
EXECUTIVE SUMMARY
10-unit Single Room Occupancy (SRO) property offering strong income potential and efficient operations. The building features five units on the upper level and five on the lower level, each with a private bathroom. Shared kitchens, living rooms, and laundry facilities are located on both sides, creating a balanced and functional layout for tenants. Excellent opportunity for an investor seeking steady cash flow or the potential to continue developing on the adjoining lots which can be purchased alongside the building.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $865,000 | Apartment Style | Low-Rise |
| Price Per Unit | $86,500 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.14 AC |
| No. Units | 10 | Building Size | 6,000 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2025 |
| Zoning | D-8 - Residential Multi-Family | ||
| Price | $865,000 |
| Price Per Unit | $86,500 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 6,000 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Zoning | D-8 - Residential Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
- Wi-Fi
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
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