10-Unit Brick Apartment
For Sale
Contact for pricing
1864 Shady Ln, Columbus, IN 47201
All-brick apartments offer an established tenant base, updated roofing, and a recently installed septic system.
Property SizeContact for details
Days on Market143
Property Features for 1864 Shady Ln
General Information
Standard status
Active
Property subtype
Multifamily
Units
Unit Mix
2 x 2BR, 5 x 1BR, 3 x studio
Multifamily Units
10
Building Details
Buildings
1
Construction
brick
Listing Agency:
No Limit Real Estate, Llc
(317) 440-2149
Listed By:
Charlene Gaard · License #IN RB14033327
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 3:52PM
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 No Limit Real Estate, Llc
Investment Insights
Based on property information with market context.
This 10-unit apartment property combines an all-brick building with a one-acre site at 1864 Shady Ln in Columbus, Indiana. The unit mix consists of two two-bedroom units, five one-bedroom units, and three studio/efficiency units, providing three distinct layouts within the same building. Long-term tenants are already in place. The property also includes ample parking on the site, while the acreage could accommodate outdoor relaxation for tenants. Originally built in the 1940s as a nursing home, the structure is now an apartment building. Recent work includes installation of a metal roof and a brand new septic system.
Key Highlights
- 10‑unit all‑brick apartment building
- Unit mix includes 2 two‑bedroom, 5 one‑bedroom, and 3 studio/efficiency units
- Long‑term tenants in place
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Explore this area
Business Placement
Demographics for 47201, IN
45,969
Population
20,924
Households
2.2
Avg Household Size
36
Median Age
36%
College-Educated
92%
High-School Grad
201.2 sq mi
ZIP Area
228
Density / Sq Mi
$82,667
Median Household Income
$46,243
Median Earnings
$1,159
Median Rent
$217,600
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?
Apartment building - All-brick apartments offer an established tenant base, updated roofing, and a recently installed septic system.
Where is this apartment building located?
The property is located at 1864 Shady Ln Columbus, IN.
What are key features of this property?
This property features: 10‑unit all‑brick apartment building; Unit mix includes 2 two‑bedroom, 5 one‑bedroom, and 3 studio/efficiency units; Long‑term tenants in place
