Fully Occupied
For Sale
$300,000
2608 E Southport Rd, Indianapolis, IN 46227
Three leased residences include original woodwork, dedicated mechanical systems, and a garage with tandem parking.
Property Size12,197 SF
Price / SF$24.60
Days on Market9
Property Features for 2608 E Southport Rd
General Information
Standard status
Active
Size
12,197 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
1 x 2BR/2BA, 2 x 1BR/1BA
Multifamily Units
3
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
Coldwell Banker Real Estate Group
(317) 721-2274
Listed By:
Streamlined Realty
(317) 721-2274
Source:
Streamlinedrealty
Added: Aug 21
Changed: Aug 28
Last Checked: Aug 28 at 10:02AM
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 Coldwell Banker Real Estate Group
Investment Insights
Based on property information with market context.
This 1900-built triplex contains three separate residences: a main-level two-bedroom, two-bath unit, an upstairs one-bedroom, one-bath apartment, and a rear one-bedroom, one-bath unit. The main residence retains substantial woodwork, classic molding, and pocket doors. The upper apartment includes an updated kitchen, electrical improvements, and a newer air-conditioning system. Each residence has its own furnace and water heater, supporting separate day-to-day operation.
All three units are leased. The property also includes two driveways, a garage with tandem parking, and an additional lean-to. Located in Indianapolis’s Southport area, the property provides access to shopping, dining, major roadways, and the broader Indianapolis market.
All three units are leased. The property also includes two driveways, a garage with tandem parking, and an additional lean-to. Located in Indianapolis’s Southport area, the property provides access to shopping, dining, major roadways, and the broader Indianapolis market.
Key Highlights
- Three leased units: 2‑bedroom/2‑bath main residence plus two 1‑bedroom/1‑bath units
- 1900‑built property with substantial woodwork, classic molding, and pocket doors
- Upstairs unit features an updated kitchen, electrical upgrades, and new air‑conditioning system
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
311
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
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Frequently Asked Questions
What type of property is this?
Triplex - Three leased residences include original woodwork, dedicated mechanical systems, and a garage with tandem parking.
Where is this triplex located?
The property is located at 2608 E Southport Rd Indianapolis, IN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Three leased units: 2‑bedroom/2‑bath main residence plus two 1‑bedroom/1‑bath units; 1900‑built property with substantial woodwork, classic molding, and pocket doors; Upstairs unit features an updated kitchen, electrical upgrades, and new air‑conditioning system
