5819 E Washington St, Indianapolis, IN 46219

Building Details

Year Built

1924

Listing office M***@alopg.com Show Phone

Listing date Jun 25, 2026

Source Alopg

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Mike Short

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Overview

The subject property is a 14-unit, low-rise multifamily building constructed in 1924. The pre-war brick and masonry structure is described as well maintained and consists of 13 studio units and one one-bedroom unit. The property is approximately 10,000 square feet and sits on about 0.25 acres.

The building is located in the Irvington submarket of Indianapolis, positioned in the core of Irvington. Public remarks note strong visibility along East Washington Street, with traffic estimated at 15,600 ADT, and that the area is walkable with proximity to local retail, dining, and neighborhood amenities. The listing also states the property is near downtown Indianapolis and major employment centers.

For buyers or operators seeking a small-scale residential income asset, the unit mix provides primarily studio accommodations with an additional one-bedroom option. The current-use zoning is listed as C-4 and D-5, which the remarks indicate supports the present use and provides flexibility for small-scale, walkable residential formats. As described, the property benefits from limited comparable supply of similarly sized multifamily assets in Irvington.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.0676716

Latitude

39.7706152

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FAQs

What type of property is this?

Apartment building - Fourteen-unit pre-war property with 13 studios and one one-bedroom unit on a small, well-maintained site.

Where is this apartment building located?

The property is located at 5819 E Washington St Indianapolis, IN.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: 14‑unit multifamily building with 13 studio units and 1 one‑bedroom unit; Built in 1924 with pre‑war brick and masonry construction; Approximately 10,000 SF on ±0.25 acres