• Property Type
  • Multi-Family 5+, Commercial Sale
  • 4
  • Garages
  • 9200 Sqft
  • Area Size
1505 S East Street, Indianapolis, IN 46225
  • $695,000

Description

Seller is Motivated and willing to review all serious offers! Prime Property with Multi-family potential, ideally situated in the vibrant Bates-Hendricks neighborhood on the south side of Indianapolis. Located less than 1 mile from Eli Lilly & Co. Corporate Campus and the thriving Fountain Square district, the property offers easy access to major interstates (I-65 & I-70) and thruways, ensuring convenient travel to any Indianapolis destination. This expansive 9,200 square-foot structure sits on a large corner lot with 173 feet of frontage along East Street. Currently zoned C-1. Features four garage bays and a dedicated parking lot with over 10 spaces for added convenience. The floor plan consists of four combined structures plus attached garages. With limitless potential, this asset is ideal for residential redevelopment, lighter commercial office-type uses, or even mixed-use projects. The combination of a prime location, visibility, and accessibility makes this property a standout investment opportunity in one of the city’s most dynamic areas.

  • Address: 1505 S East Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46225

Details

Updated on April 2, 2026 at 7:29 pm
  • Property ID 22006941
  • Price $695,000
  • Property Size 9200 Sqft
  • Land Area 0.6 Acres
  • Garages 4
  • Garage Size x x
  • Year Built 1900
  • Property Type Multi-Family 5+, Commercial Sale
  • Property Status Active

Additional details

  • Roof Flat,Membrane,Rubber,Shingle
  • Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
  • Cooling Central Air
  • Heating Forced Air
  • County Marion
  • Property Type Commercial Sale
  • Parking Attached,Common,Asphalt,Garage Faces Rear

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Contact Information

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Preeti Chaggar

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