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    3714 E Washington St Indianapolis, IN 46201

    For Sale
    $120,000

    Residential Lots - Indianapolis, IN

    Lot size:
    0.14 Acres
    Days on Market:
    21
    Last Refresh:
    Dec 11 at 3:06 pm

    Property Features for 3714 E Washington St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    D-8
    APN
    491005208021000101
    Lot size
    0.14 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Kaiser (317) 844-1131 [email protected]

    Listing agent Joshua Hoeft (317) 843-8446

    Listing date Nov 21, 2025

    MLS# 22073946 Listing URL

    Copyright © 2025 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.

    Overview

    Residential Lots For Multifamily Development

    Two adjoining vacant lots located at 3714 and 3720 E Washington St. are available for sale. The lots are zoned D-8, which allows for multi-unit buildings, making them ideal for a multifamily developer. Previous buildings have been removed from the site, and utilities are available on site. The combined lot size is 0.14 acres. These lots can be purchased together or with the adjoining 10-unit building at 3710-3712 E Washington St., which is also for sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.103187
    Latitude
    39.769367

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    FAQs

    What type of property is this?
    Land - Two adjoining vacant lots ideal for multifamily development.
    Where is this land located?
    The property is located at 3714 E Washington St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Two adjoining vacant lots being sold together, increasing development potential.; - Zoned D-8, permitting multi-unit buildings.; - Ideal for multifamily development.
    (317) 843-8446
    Request Owner's contact information
    3714 E Washington St Indianapolis, IN 46201
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    Indianapolis, IN 46201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3714 E Washington St Indianapolis, IN 46201
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