$449,000
501 East Markwood Avenue
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,726
Year Built 1936
Acreage 0.250
Zoning C-1
Parking Spaces spaces
About This Property
Investment highlights
An excellent investment opportunity to acquire an apartment building in Indianapolis with the added advantage of commercial zoning, offering exceptional flexibility for investors and developers. This property presents strong potential for rental income, redevelopment, or a mixed-use concept, subject to local approvals.
Property Highlights:
- Price: $449,000
- Location: 501 E. Markwood Ave, Indianapolis, IN
- Commercial Zoning providing multiple future development possibilities
- Income-producing apartment building
- Excellent opportunity for investors seeking long-term appreciation and cash flow
- Convenient access to major roads, employment centers, shopping, and public transportation
- Ideal for multifamily investors, owner-operators, or value-add redevelopment projects
Listing Contacts
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Zoning
C1 CommercialOfficeOffice Buffer District
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View all 152 uses
View all 152 uses Last updated May 11, 2026 For deeper zoning details, reports are available at Zoneomics
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