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C-4 Zoned Multi-Lot Land
For Sale
$229,900

3302 Dr M King Jr Street, Indianapolis, IN 46208

LAND - Indianapolis, IN

Property SizeContact for details
Lot Size0.51 Acres
Days on Market2222

Property Features for 3302 Dr M King Jr Street

General Information

Property type Land
Property subtype Other
Zoning C-4
Subdivision Rolls Sub Armstrong Park
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions At 38th and Dr. ML King; South to 33rd.
Standard status Active
APN 490623149009000101
Lot size 0.51 Acres

Taxes and HOA fees

Tax Year 2019
Tax Description ROLLS SUB ARMSTRONG PARK
Legal Description ROLLS SUB ARMSTRONG PARK

Utilities

Sewer type Public Sewer
Listing Agency: Carpenter, REALTORS(R)
Listed By: Felman Brown
Added: Jul 10, 2020 Changed: Aug 1 Last Checked: Aug 9 at 5:06AM
MLS# 21724227

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This development land offering includes four lots totaling over half an acre. The property is zoned C-4, supporting both residential and commercial development uses as noted in the listing remarks.

Located at 3302 Dr M King Jr Street in Indianapolis, IN 46208, the site is described as being in a heavy traffic area, which may support visibility and customer access for appropriate commercial uses under the C-4 zoning.

With a total land size of approximately 0.51 acres as provided, the property presents a compact multi-lot configuration within a C-4 zoning designation.

Key Highlights

  • 4‑lot property totaling over half an acre
  • Zoned C‑4
  • Public sewer available

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

178
Businesses Nearby

Demographics for 46208, IN

23,996
Population
11,619
Households
2.1
Avg Household Size
31
Median Age
40%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,478
Density / Sq Mi
$55,435
Median Household Income
$34,125
Median Earnings
$1,075
Median Rent
$206,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Four lots totaling over half an acre, zoned C-4, in a heavy-traffic area near Dr. M King Jr Street.
Where is this commercial land located?
The property is located at 3302 Dr M King Jr Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: 4‑lot property totaling over half an acre; Zoned C‑4; Public sewer available
More about this property
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