1635 Central Avenue, Indianapolis, IN 46202
- Added:
- Jun 1, 2026
- Days on Market:
- 13
- Last Refresh:
- Jun 13 at 8:06 am
Property Features for 1635 Central Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- ZO01
- Rooms
- Basement
- Basement
- Storage Space, Daylight, Unfinished
- Standard status
- Active
- APN
- 490636145012000101
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Ritters Sub Johnson Heirs Add 68.6Ft Nl 68Ft Sl Of74.3Ft S End L2 (Bldg C)
Utilities
- Heating system
- Forced Air, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Brick
Listing agent Emily Huskey License #RB17000722 (317) 271-5959
Listing office Keller Williams Indy Metro S Kingston St Ste 100 8102, Avon, IN (317) 271-5959
Listing date Jun 1, 2026
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.
HighLights
- Three all‑brick buildings (4 units each) for a total of 12 units, with buildings that can also be sold as four‑plexes
- Each unit is a 2BR/1BA layout with natural light and includes an individual furnace, central air, and water heater
- Units are individually metered and residents pay their own electric; residents pay $50/month for utilities on top of rent
- Coin‑operated laundry in the basements of each building and additional basement storage for units
- Currently leased for $895–$995/month with all leases set to renew at $995 (one unit recently vacant for showings)
- Owner pays water, sewer, and common area electric; no gas reported
Overview
The property is located at 1635 Central Avenue in Indianapolis and sits at the intersection of the Herron Morton and Old Northside neighborhoods. It is also in a designated Opportunity Zone. Each building has its own parcel number and legal description, and the buildings can be purchased together as a 12-unit complex or split into four-plexes.
Units are currently leased, and the seller notes renewals will be at $995. One unit is recently vacant and available for showings, while access to other units is available upon accepted offer. The current property management company is willing to continue management, and rent roll, expenses, and utilities are available upon request.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.148943
- Latitude
- 39.789416
