3505 N Pennsylvania St Indianapolis, IN 46205
Mapleton-Fall Creek NeighborhoodEstimated payment $6,834/month
Total Views
13,058
1
Bed
1
Bath
--
Sq Ft
--
Price per Sq Ft
About This Home
Discover a prime investment opportunity in the heart of downtown! Gross Rents over 120K! This exceptional 10-unit brick apartment complex, comprised of two five-unit buildings, offers unparalleled access to the city's vibrant atmosphere. Situated with close access to major highways, providing easy access to surrounding areas and major attractions. Located within 10mins to major sporting events, ensuring a steady stream of potential tenants. With 10 units, this property offers a stable income stream and potential for future appreciation. This property boasts steady tenants and is investor-friendly. Don't miss out on this incredible opportunity to own a thriving downtown brick apartment complex.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,292
Year Built
- Built in 1920
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Additional Features
- 2-Story Property
- 0.68 Acre Lot
- Basement
Community Details
- Washington Park Add Subdivision
Listing and Financial Details
- Tax Lot 49-06-24-164-032.000-101
- Assessor Parcel Number 490624164032000101
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | For Sale | $985,000 | 0.0% | -- |
| 07/18/2025 07/18/25 | Pending | -- | -- | -- |
| 07/15/2025 07/15/25 | Price Changed | $985,000 | -8.4% | -- |
| 05/13/2025 05/13/25 | Price Changed | $1,075,000 | -6.5% | -- |
| 04/17/2025 04/17/25 | For Sale | $1,150,000 | 0.0% | -- |
| 04/01/2025 04/01/25 | Pending | -- | -- | -- |
| 12/02/2024 12/02/24 | For Sale | $1,150,000 | +76.9% | -- |
| 01/19/2022 01/19/22 | Sold | $650,000 | -6.5% | -- |
| 09/07/2021 09/07/21 | Pending | -- | -- | -- |
| 07/14/2021 07/14/21 | For Sale | -- | -- | -- |
| 04/27/2021 04/27/21 | Pending | -- | -- | -- |
| 04/21/2021 04/21/21 | For Sale | $695,000 | 0.0% | -- |
| 04/06/2021 04/06/21 | Pending | -- | -- | -- |
| 03/08/2021 03/08/21 | For Sale | $695,000 | 0.0% | -- |
| 02/01/2021 02/01/21 | Pending | -- | -- | -- |
| 01/19/2021 01/19/21 | Price Changed | $695,000 | -10.3% | -- |
| 12/11/2020 12/11/20 | Price Changed | $775,000 | -2.5% | -- |
| 11/11/2020 11/11/20 | For Sale | $795,000 | 0.0% | -- |
| 12/21/2016 12/21/16 | Rented | $875 | +2.9% | -- |
| 12/21/2016 12/21/16 | Under Contract | -- | -- | -- |
| 12/08/2016 12/08/16 | For Rent | $850 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Similar Home in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22013587
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