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 Market325
Property Features for 2101 N Pennsylvania Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Apartments General
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
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) 440-2149
Added: Oct 10, 2025
Changed: Aug 24
Last Checked: Aug 30 at 12:06PM
MLS# 22067612
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 six-unit apartment property is an all-brick building totaling over 13,500 square feet on a 0.14-acre parcel. Each residence offers a three-bedroom layout of approximately 2,000 square feet, providing a substantial floor plan within an urban multifamily setting. Recent improvements have supported the building’s operations while retaining its architectural character. The lower level provides additional space that may accommodate storage, amenities, or workspace, subject to buyer verification and required approvals.
The property is located at 2101 N Pennsylvania Street in Indianapolis, within the Herron-Morton area and near downtown, major hospitals, dining, and the 16th Street corridor. It is fully occupied and carries an Apartments General zoning designation.
The property is located at 2101 N Pennsylvania Street in Indianapolis, within the Herron-Morton area and near downtown, major hospitals, dining, and the 16th Street corridor. It is fully occupied and carries an Apartments General zoning designation.
Key Highlights
- Six‑unit all‑brick apartment building with over 13,500 square feet
- Each residence has 3 bedrooms and approximately 2,000 square feet
- Fully occupied multifamily property
Property Analytics
Property Profile
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
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 - Fully occupied residences include spacious three-bedroom layouts and additional lower-level space for storage or workspace.
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 all‑brick apartment building with over 13,500 square feet; Each residence has 3 bedrooms and approximately 2,000 square feet; Fully occupied multifamily property
