Four-Parcel Multifamily Development
For Sale
Contact for pricing
Pending
1315 Standish Ave, Indianapolis, IN 46227
Four-parcel portfolio zoned D8 (Urban Mixed-Use Residential) for high-density residential development next to the University of Indianapolis.
Property SizeContact for details
Days on Market121
Property Features for 1315 Standish Ave
General Information
Standard status
Pending
Property subtype
Land
Zoning
D-8
Investment Type
Redevelopment
Listing Agency:
Ellsbury Group
Listed By:
Justin Lowe · License #RB19001645
(765) 401-1122
Source:
Crexi
Added: May 7
Changed: Aug 31
Last Checked: Sep 1 at 11:52AM
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 Ellsbury Group
Investment Insights
Based on property information with market context.
This offering is a four-parcel portfolio positioned for high-density residential development. The sites are described as being curated to support infill redevelopment, with zoning that allows developers flexibility in how they plan residential uses within the urban core.
The properties are located next to the University of Indianapolis in Indianapolis, Indiana. The portfolio is zoned D8 (Urban Mixed-Use Residential), which is stated to provide the highest level of flexibility for infill projects.
For developers and investors seeking an assembly within a university-adjacent setting, this four-parcel configuration and D8 zoning offer a straightforward basis for planning future residential density and urban infill design.
The properties are located next to the University of Indianapolis in Indianapolis, Indiana. The portfolio is zoned D8 (Urban Mixed-Use Residential), which is stated to provide the highest level of flexibility for infill projects.
For developers and investors seeking an assembly within a university-adjacent setting, this four-parcel configuration and D8 zoning offer a straightforward basis for planning future residential density and urban infill design.
Key Highlights
- Four‑parcel portfolio zoned D8 (Urban Mixed‑Use Residential)
- Located next to the University of Indianapolis
- Zoning D8 provides flexibility for high‑density residential development
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
456
Businesses Nearby
Explore this area
Business Placement
Demographics for 46227, IN
62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Four-parcel portfolio zoned D8 (Urban Mixed-Use Residential) for high-density residential development next to the University of Indianapolis.
Where is this apartment building located?
The property is located at 1315 Standish Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Four‑parcel portfolio zoned D8 (Urban Mixed‑Use Residential); Located next to the University of Indianapolis; Zoning D8 provides flexibility for high‑density residential development
