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Brick Triplex
New
For Sale
$1,395,000

1704 N Pennsylvania Street, Indianapolis, IN 46202

MULTI_FAMILY - Indianapolis, IN

Property SizeContact for details
Lot Size0.11 Acres
Days on Market1

Property Features for 1704 N Pennsylvania Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Subdivision Eliz Talbotts
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Active
APN 490636176015000101
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Eliz Talbotts Revised Sub L10
Legal Description Eliz Talbotts Revised Sub L10

Utilities

Heating system Natural Gas, Hot Water(Heating)
Cooling system Window Unit(s)

Building Details

Year built 1913
Number of units 3
Building materials Brick, Stucco
Roof type Composition
Listing Agency: Listwithfreedom.com
Listed By: Joseph Wootan · License #RRE-BRO-LIC-99919
Added: Aug 5 Last Checked: Aug 5 at 4:06PM
MLS# 22118268

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.

Investment Insights

Based on property information with market context.

This three-unit residential property at 1704 N Pennsylvania Street in Indianapolis was built in 1913. The building combines brick and stucco construction with a composition roof, natural-gas hot-water heating, and window-unit cooling. Its three-apartment configuration provides separate residential spaces within one multifamily asset.

The property occupies 0.11 acres in Indianapolis, Marion County, with a 46202 postal designation. The address places the building on N Pennsylvania Street, while the recorded construction date and masonry exterior define its established physical character. No square footage is reported for the improvements.

Key Highlights

  • Three‑unit residential building
  • Built in 1913
  • Brick and stucco construction

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Furniture & Home Goods HVAC Service Kitchen & Bath Showroom Auto Parts Store Locksmith (Bike/Boat/Book/etc) Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

3,677
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?
Triplex - Three-unit residential property with brick and stucco construction, natural-gas hot-water heating, and window-unit cooling.
Where is this triplex located?
The property is located at 1704 N Pennsylvania Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Three‑unit residential building; Built in 1913; Brick and stucco construction
More about this property
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