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5819 E Washington St
Indianapolis, IN 46219
Multifamily Property For Sale
·
14 Units
EXECUTIVE SUMMARY
Irvington Studio is located in the heart of Irvington, one of
Indianapolis’ most established east-side neighborhoods. The
property comprises approximately 10,149 square feet situated on a
±0.25-acre site.
The asset consists of 14 total units, including thirteen (13) studio
apartments and one (1) one-bedroom unit, offering an efficient and
in-demand unit mix well suited to the submarket. Additionally, there
is limited comparable supply of similarly sized multifamily
properties within Irvington, supporting long-term demand.
The location provides convenient access to local retail, dining, and
neighborhood amenities, along with close proximity to Downtown
Indianapolis and major employment centers.
Indianapolis’ most established east-side neighborhoods. The
property comprises approximately 10,149 square feet situated on a
±0.25-acre site.
The asset consists of 14 total units, including thirteen (13) studio
apartments and one (1) one-bedroom unit, offering an efficient and
in-demand unit mix well suited to the submarket. Additionally, there
is limited comparable supply of similarly sized multifamily
properties within Irvington, supporting long-term demand.
The location provides convenient access to local retail, dining, and
neighborhood amenities, along with close proximity to Downtown
Indianapolis and major employment centers.
PROPERTY FACTS
| Price Per Unit | $76,786 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| No. Units | 14 | Building Size | 10,000 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1924 |
| Apartment Style | Low-Rise | ||
| Zoning | ZO01 - Commerical | ||
| Price Per Unit | $76,786 |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 10,000 SF |
| No. Stories | 3 |
| Year Built | 1924 |
| Zoning | ZO01 - Commerical |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 14 | - | - |
PROPERTY TAXES
| Parcel Number | 49-10-03-206-003.000-701 | Improvements Assessment | $456,700 |
| Land Assessment | $11,800 | Total Assessment | $468,500 |
PROPERTY TAXES
Parcel Number
49-10-03-206-003.000-701
Land Assessment
$11,800
Improvements Assessment
$456,700
Total Assessment
$468,500
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5819 E Washington St
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