• Property Type
  • Multi-Family 5+, Commercial Sale
  • 10000 Sqft
  • Area Size
3544 Carrollton Avenue, Indianapolis, IN 46205
  • $1,300,000
  • $950,000

Description

Great multi-family opportunity property for investor. 10-unit apartment building for sale in Watson Park neighborhood! The building features 6 units that are 3 bedrooms and 4 units that are 2 bedrooms. Lot’s of upside revenue potential with the 3 BR’s able to secure $2,100/month and the 2 BR’s to get $1,500/month. This neighborhood is experiencing rapid development. This building should be able to generate a total of $18,600 a month in revenue! Currently zoned as a D-5 and will require a zoning variance to make it operational.

  • Address: 3544 Carrollton Avenue
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46205

Details

Updated on February 1, 2026 at 6:06 am
  • Property ID 22048671
  • Price $1,300,000
  • Property Size 10000 Sqft
  • Land Area 0.22 Acres
  • Garage Size x x
  • Year Built 1917
  • Property Type Multi-Family 5+, Commercial Sale
  • Property Status Expired

Additional details

  • Utilities Water Connected
  • County Marion
  • Property Type Commercial Sale
  • Architectural Style Other

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Contact Information

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Preeti Chaggar

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