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Fully Leased Multifamily Property
New
For Sale
$1,280,000

1335 Central Ave, Indianapolis, IN 46202

Renovated interiors serve a fully leased residential income property in downtown Indianapolis.

Property SizeContact for details
Days on Market4

Property Features for 1335 Central Ave

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Building Details

Tenancy Multi
Listing Agency: Indianapolis
Listed By: Bryce Wetzel
Source: Colliers
Added: Aug 9 Changed: Aug 10 Last Checked: Aug 11 at 4:49AM

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 Indianapolis

Investment Insights

Based on property information with market context.

This multifamily property at 1335 Central Ave in Indianapolis, IN 46202 features renovated interiors and is fully leased. The asset is situated in a historic downtown Indianapolis neighborhood with walkable urban amenities and access to a major employment corridor.

The property is identified as a multifamily and residential income asset, with healthcare investment in the surrounding area noted as part of the broader neighborhood context.

Key Highlights

  • Fully leased multifamily asset
  • Renovated interior spaces
  • Located in a historic downtown Indianapolis neighborhood

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Pet Grooming Service Tanning Salon Catering Service Nursing Home Pet Store Pet Store & Service

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,971
Businesses Nearby

Demographics for 46202, IN

22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
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?
Multifamily property - Renovated interiors serve a fully leased residential income property in downtown Indianapolis.
Where is this multifamily property located?
The property is located at 1335 Central Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: Fully leased multifamily asset; Renovated interior spaces; Located in a historic downtown Indianapolis neighborhood
More about this property
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