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Fully Renovated 33-Unit Apartment Building
For Sale
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6220 E 11th St, Indianapolis, IN 46219

Renovated and re-tenanted 33-unit apartment building offered for sale near Irvington, Indianapolis.

Property SizeContact for details
Days on Market124

Property Features for 6220 E 11th St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 33
Listing Agency: C21 Commercial
Listed By: Mark Harris · License #IN
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 12:16AM

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 C21 Commercial

Investment Insights

Based on property information with market context.

This fully renovated and re-tenanted apartment building contains 33 units, currently operated as residential income property. The offering is positioned as a multifamily investment with updates completed prior to re-leasing.

The property is located in the Irvington-Indianapolis area, described in the remarks as having local economic diversity and access to public transportation. The public remarks note the Circle is approximately 5.37 miles away.

The available information supports the building’s unit count and that it has been renovated and re-tenanted, with the remainder of the promotional context provided in the remarks.

Key Highlights

  • Fully renovated and re‑tenanted 33‑unit multifamily apartment building near Irvington, Indianapolis.
  • Currently offered for sale as a 33‑unit multi family investment property.
  • Located about 5.37 miles to the city "circle".

Property Analytics

Current Use

The Aerie on 11th Street Apartment Complex

Suggested Use

Top Pick Law Firm Electrical Service Parking Lot & Garage Storage Facility Computer & Electronic Repair Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

33
Residential units

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby

Demographics for 46219, IN

36,556
Population
17,028
Households
2.1
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
13.0 sq mi
ZIP Area
2,812
Density / Sq Mi
$57,811
Median Household Income
$38,995
Median Earnings
$991
Median Rent
$177,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated and re-tenanted 33-unit apartment building offered for sale near Irvington, Indianapolis.
Where is this apartment building located?
The property is located at 6220 E 11th St Indianapolis, IN.
What are key features of this property?
This property features: Fully renovated and re‑tenanted 33‑unit multifamily apartment building near Irvington, Indianapolis.; Currently offered for sale as a 33‑unit multi family investment property.; Located about 5.37 miles to the city "circle".
More about this property
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