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 a distressed condition and will require a full renovation. Limited information is available regarding the existing improvements, and buyers are encouraged to perform their own due diligence. The property includes a surface parking lot to support day-to-day tenant or resident parking.

The building is located within the Herron-Morton Place Historic District, just minutes from downtown Indianapolis. The surrounding area provides convenient access to major employers and everyday destinations such as shopping, dining, and entertainment, supporting tenant access and practical livability.

For investors, value-add strategies will likely center on renovating and repositioning the property to meet market expectations. The offering is best suited for buyers comfortable with significant property condition and renovation scope, especially given the limited available information. As with any redevelopment project, confirming unit configuration, repair requirements, and any historic district constraints during due diligence will be important.

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 lot, requiring full renovation within the Herron-Morton Place 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 $260,000.

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