1627 N Talbott Street, Indianapolis, IN 46202

Building Details

Year built

1867

Floors in Building

3

Number of units

12

Listing agent Doug Fredbeck License #RB14042479 Show Phone

Listing office Keller Williams Indpls Metro N k***@kw.com N Meridian St Ste 200 11595, Carmel, IN Show Phone

Listing date Apr 10, 2026

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MLS# 22094650 Listing URL

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This multifamily apartment building is offered for sale in distressed condition and will require a full renovation. The property includes a surface parking lot to support tenant and visitor parking needs. Limited details are available, and buyers are encouraged to conduct their own due diligence.

The asset is located at 1627 N Talbott Street, Indianapolis, IN 46202, within the Herron-Morton Place Historic District. Public remarks indicate the property is just minutes from downtown Indianapolis and is positioned near major employers as well as shopping, dining, and entertainment.

For investors or owner-operators looking for a renovation project, this building offers a straightforward starting point: a multifamily structure with existing parking and a known historic district overlay. Given the condition, underwriting and planning should account for comprehensive improvements and confirm all operational and compliance considerations during due diligence.

Suggested Use

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

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

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.154628

Latitude

39.789161

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FAQs

What type of property is this?

Apartment building - Distressed multifamily building with surface parking, positioned for renovation within a historic district.

Where is this apartment building located?

The property is located at 1627 N Talbott Street Indianapolis, IN.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: Year built: 1867; Located within the Herron‑Morton Place Historic District; Multifamily property with a surface parking lot