Listed by SVN⎮Northern Commercial
$795,000
10 Unit SRO Multifamily
Details
APN 49-10-05-208-026.000-101
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,376
Units 10
Occupancy 80%
Price per SqFt $148
Broker Co-Op Yes
Year Built 2025
Buildings 1
Stories 3
Zoning D8
Multifamily | 10 Units
Marketing description
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.
Investment highlights
5,376 SF building
10 units
Built in 2025
Zoned D8
Vacant Lots For Sale
Indianapolis location
80% occupancy
Strong cash flow
On a bus line
Listing Contacts
Listed by SVN⎮Northern Commercial
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