Renovated 8-Unit Apartment
2008 E Washington Street, Indianapolis, IN 46201
For Sale
$862,500
One-bedroom residences feature updated interiors, electronic entry locks and shared rear parking.
Property SizeContact for details
Days on Market88
Property Features for 2008 E Washington Street
General Information
Standard status
Property subtype
Occupancy
Site & Location
Neighborhood
Road Access
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Tenant in Place
Building Details
Year Built
Buildings
Listing Agency:
eXp Realty, LLC
Listed By:
LockStep Realty
(317) 218-9625
Source:
Locksteprealty
Added: Aug 14
Changed: Nov 8
Last Checked: Nov 8 at 1:44PM
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 eXp Realty, LLC
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Investment Insights
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Built in 1910, this apartment property contains eight one-bedroom, one-bathroom units. Six are leased, while two are vacant and described as ready for occupancy without renovation. The current ownership completed interior updates, including flooring, paint, fixtures, kitchens and bathrooms. Each unit has an electronic lock, and rear parking is shared among tenants. The property is being sold as-is.
At 2008 E Washington Street, the building is on East Washington Street in Indianapolis, with access to downtown, Fountain Square and Irvington. Roof, electrical, plumbing and HVAC inspections were completed at acquisition, and the inspection reports are available.
An identical eight-unit property next door is also offered for sale; together, the two properties may be acquired as a 16-unit package.
At 2008 E Washington Street, the building is on East Washington Street in Indianapolis, with access to downtown, Fountain Square and Irvington. Roof, electrical, plumbing and HVAC inspections were completed at acquisition, and the inspection reports are available.
An identical eight-unit property next door is also offered for sale; together, the two properties may be acquired as a 16-unit package.
Key Highlights
- Eight apartments, each with one bedroom and one bathroom
- Six units are leased; two vacant units are ready for occupancy without renovation
- Interior updates include flooring, paint, fixtures, kitchens and bathrooms
Property Analytics
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Lease Details
8
Residential units
75%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
791
Businesses Nearby
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Demographics for 46201, IN
31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Indianapolis, IN
Properties on Market for Apartment buildings in Indianapolis
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - One-bedroom residences feature updated interiors, electronic entry locks and shared rear parking.
Where is this apartment building located?
The property is located at 2008 E Washington Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $862,500.
What are key features of this property?
This property features: Eight apartments, each with one bedroom and one bathroom; Six units are leased; two vacant units are ready for occupancy without renovation; Interior updates include flooring, paint, fixtures, kitchens and bathrooms
