4055 E Main Street, Avon, IN 46123
  • $1,450,000
  • $1,675,000

Description

Rare opportunity in Hendricks County to purchase fully occupied and income producing 8 unit apartment buildings with this much ground untouched to add more buildings and further develop. This residential zoned property has conceptual development drawings that seller will share if interested or you can create your own dream development. Current plan consists of adding 3 more buildings and 18 more units and garages, projected rents after re-development of 1500/mo per unit. Sale consists of 2 parcels, 2 existing buildings and ground totaling 5.3 acres. Avon school district, existing units bringing around $800/mo currently all 2 bedroom 1 bath units, gas and electric metered separately, owner pays water.

  • Address: 4055 E Main Street
  • City: Avon
  • State/county: IN
  • Zip/Postal Code: 46123

Details

Updated on August 5, 2025 at 5:34 pm
  • Property ID 21985321
  • Price $1,450,000
  • Property Size 3381 Sqft
  • Land Area 5.36 Acres
  • Garage Size x x
  • Year Built 1957
  • Property Type Multi-Family 5+, Commercial Sale
  • Property Status Closed

Additional details

  • Utilities Electricity Connected,Natural Gas Connected,Sep Electric Meter,Sep Gas Meter,Septic System,Water Connected
  • County Hendricks
  • Property Type Commercial Sale
  • High School Avon High School

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Preeti Chaggar

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