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3753 N Meridian Street Indianapolis, IN $ 2,250,000
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3753 N Meridian Street
$ 2,250,000
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3753 N Meridian Street

Indianapolis, IN, 46208
$ 2,250,000
Baths0.0 Sq 17,820

Monthly Estimate*

$ 15,717

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Studio

Commercial Property for sale in Indianapolis, IN

for $2,250,000. This 17,820 square foot building was built in 1910 on a lot size of 0.53.

Presenting a prime investment: a 19-unit commercial apartment building at 3753 N Meridian St, Indianapolis, IN 46208, listed at $2,250,000. Strategically located 5 miles north of Downtown, offering easy access to amenities and public transportation. The property is versatile for various investment strategies, with its proximity to the Redline route catering to a diverse tenant base. Boasting a competitive price of $118,421 per unit, it presents a unique opportunity for customization and enhancement. Seize this rare chance to own a strategically located commercial property in the heart of Indianapolis.

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Commercial Pending

Price

$ 2,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,732

Style

Multi-Family 5+

Lot Size

0.53

Year Built

1910

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21964574
Features
General
Heating Baseboard Electric Hot Water
Cooling Window Unit(s)
Utilities Electricity Connected Gas Sep Electric Meter Sewer Connected Water Connected
Possession Closing
Zoning COMM APT 4-19
Construction Materials Brick
Year Built 1910
Tenant Pays Electricity Insurance
Township Center
Levels Three Or More
Property SubType Multi-Family 5+
Tax Year 2022
Current Use Apt<20
County Marion
New Construction N
Property Type Commercial Sale
Facing Direction West
Possible Use Apt<20
Status Pending
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 2.25
High School District Indianapolis Public Schools
Total Units 19
MLS Area 4912 - Marion - Center Ne
Lot Size Square Feet 23120
Street Name Meridian
Days on Market 47
Structure Type Apartment Building
Standard Status Pending
Tax Lot 3503/1
Buyer Agent Compensation Type %
Legal Description 50Ft On Meridian St X 300Ft Sl Beg 695Ft E &366.5Ft S Of Nw Cor Nw 1/4 S24 T16n R3e Also50ft Wl X 52.34Ft Nl Beg 942.66Ft S &
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Interior
Basement Cellar Daylight/Lookout Windows Egress Window(s) Full Storage Space Unfinished
Basement (Y/N) Y
Street Suffix Street
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Exterior
Parking Features Common Asphalt
Lot Features Access Busline Sidewalks
Building Area Total 17820
Lot Size Acres 0.53
Road Surface Type Asphalt Concrete
Road Frontage Type City Street
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* Excluded Features
List By
Elite Indy Realty Group

Broker

devan@devanlunceford.com

Email

Affordability Calculator

$16,445
Per Month
96%
4%
0%
Monthly Principal & Interest
$15,717
Monthly Property Taxes
$728
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
2/18/2024 $2,250,000 Listed Price

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3753 N Meridian Street, Indianapolis, IN, 46208 is a Commercial Property for sale at $2,250,000 with 17,820 sqft and a lot size of 0.53. 3753 N Meridian Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 46208 which is in Indianapolis, IN

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