Six-Unit Brick Apartment
For Sale
$1,555,000
2101 N Pennsylvania Street, Indianapolis, IN 46202
Commercial Sale, Indianapolis, IN
Property SizeContact for details
Lot Size0.14 Acres
Days on Market371
Property Features for 2101 N Pennsylvania Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Apartments General
Bedrooms
18
Bathrooms
12
Full bathrooms
12
Rooms
Bedroom 5, Bedroom 17, Bedroom 18, Bathroom 1, Bedroom 9, Bathroom 2, Bathroom 12, Bedroom 10, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 7, Bathroom 5, Bedroom 14, Bathroom 4, Bathroom 7, Bedroom 13, Bathroom 8, Bedroom 15, Bedroom 3, Bedroom 16, Bathroom 9, Bathroom 10, Bedroom 4, Bedroom 8, Bathroom 6, Bathroom 11, Bedroom 6, Bedroom 11, Bedroom 12
Elementary school district
Indianapolis Public Schools
Middle school district
Indianapolis Public Schools
High school district
Indianapolis Public Schools
Directions
From 16th and Pennsylvania north to property
Subdivision
4910 - Marion - Center
Standard status
Active
APN
490636176184000101
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Eliz Talbotts Revised Add L65 Also 22Ft S Side L64
Tax Annual Amount
10760
Legal Description
Eliz Talbotts Revised Add L65 Also 22Ft S Side L64
Building Details
Number of units
6
Listing Agency:
No Limit Real Estate, LLC
(317) 440-2149
Listed By:
Charlene Gaard · License #RB14033327
(317) 602-1576
Added: Oct 10, 2025
Changed: Sep 24
Last Checked: Oct 15 at 7:06AM
MLS# 22067612
Copyright © 2026 Broker Listing Cooperative®. 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 apartment property contains six residences within an all-brick building totaling over 13,500 square feet. Each apartment offers an approximately 2,000-square-foot, three-bedroom layout, providing unusually generous residential space. The building also includes a substantial lower level that may support storage, workspace, amenities, or other uses subject to buyer verification and required approvals. Recent improvements have supported ongoing operations while retaining the building’s historic architectural character.
The property is located at 2101 N Pennsylvania Street in Indianapolis’ Herron-Morton area, within ZIP Code 46202. Downtown Indianapolis, major hospitals, dining, and the 16th Street corridor are identified as nearby destinations. The asset is fully occupied and carries Apartments General zoning, supporting its established multifamily configuration.
The property is located at 2101 N Pennsylvania Street in Indianapolis’ Herron-Morton area, within ZIP Code 46202. Downtown Indianapolis, major hospitals, dining, and the 16th Street corridor are identified as nearby destinations. The asset is fully occupied and carries Apartments General zoning, supporting its established multifamily configuration.
Key Highlights
- Six‑unit apartment building with six three‑bedroom residences
- Over 13,500 square feet of building area
- Each residence measures approximately 2,000 square feet
Property Analytics
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Current Use
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,014
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied property with spacious three-bedroom residences and additional lower-level space.
Where is this apartment building located?
The property is located at 2101 N Pennsylvania Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,555,000.
What are key features of this property?
This property features: Six‑unit apartment building with six three‑bedroom residences; Over 13,500 square feet of building area; Each residence measures approximately 2,000 square feet
