Three-Unit Triplex in Like-New
2305 E Michigan Street Indianapolis, IN 46201
For Sale
$575,000
SINGLE_FAMILY - Indianapolis, IN
Lot Size0.09 Acres
Days on Market157
Property Features for 2305 E Michigan Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- C5
- Standard status
- Active
- APN
- 491006117042000101
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Picken & Loftins E Wash St Add Pt Lots 65 & 66 Beg Nw Cor L66 P.O.B. S45' E19' S3.90' E15.40' S12.98' E34.40' N61.88' W68.8'To Beg
Listing Agency:
Highgarden Real Estate
(317) 205-4320
Listed By:
Gabriela Pitts · License #RB18000474
(317) 280-4663
Added: Feb 18
Changed: Jun 16
Last Checked: Jul 25 at 3:06AM
MLS# 22083393
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Investment Insights
Based on property information with market context.
This for-sale triplex offers three residential units within a single mixed-use building. The property is described as being in like-new condition and is presented with modern finishes and thoughtful layouts across the units. Two of the units are currently generating rental income, while one unit is vacant and available for immediate occupancy by a new tenant. In addition, the building includes dedicated storage space intended to add flexibility for residents.
The property is located at 2305 E Michigan Street in Indianapolis, Indiana 46201, in Marion County. The listing is under zoning C5, which may be relevant for investors and tenants evaluating use and operating considerations.
For buyers and operators seeking a small multi-family asset, the current configuration provides a mix of occupied and move-in ready space, with one unit already available to lease. The building’s like-new condition and modern interior presentation may appeal to tenants looking for contemporary finishes. With dedicated storage included, the units are positioned to support everyday resident needs while keeping operations streamlined within a three-unit structure.
The property is located at 2305 E Michigan Street in Indianapolis, Indiana 46201, in Marion County. The listing is under zoning C5, which may be relevant for investors and tenants evaluating use and operating considerations.
For buyers and operators seeking a small multi-family asset, the current configuration provides a mix of occupied and move-in ready space, with one unit already available to lease. The building’s like-new condition and modern interior presentation may appeal to tenants looking for contemporary finishes. With dedicated storage included, the units are positioned to support everyday resident needs while keeping operations streamlined within a three-unit structure.
Key Highlights
- Mixed‑use property at 2305 E Michigan St, Indianapolis, IN 46201
- Built with three units total: two currently generating rental income and one vacant
- Vacant unit is ready for a new tenant or to increase rental income
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Family Dollar
Discount Store
2305 W Michigan ...
Parking Lot & Garage
Family Bible Baptist ...
Church
Bike Parking
Bicycle Rack
FAQs
What type of property is this?
Triplex - Triplex with modern finishes, dedicated storage, two occupied units, and one vacant unit ready for a new tenant.
Where is this triplex located?
The property is located at 2305 E Michigan Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Mixed‑use property at 2305 E Michigan St, Indianapolis, IN 46201; Built with three units total: two currently generating rental income and one vacant; Vacant unit is ready for a new tenant or to increase rental income
