Triplex with Dedicated
For Sale
$520,000
2305 E Michigan Street, Indianapolis, IN 46201
SINGLE_FAMILY - Indianapolis, IN
Property SizeContact for details
Lot Size0.09 Acres
Days on Market174
Property Features for 2305 E Michigan Street
General Information
Property type
Residential
Property subtype
Retail
Zoning
C5
View
City
Elementary school district
Indianapolis Public Schools
Middle school district
Indianapolis Public Schools
High school district
Indianapolis Public Schools
Directions
GPS Friendly
Subdivision
4910 - Marion - Center
Standard status
Active
APN
491006117042000101
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Picken & Loftins E Wash St Add Pt Lots 65 & 66 Beg Nw Cor L66 P.O.B. S45' E19' S3.90' E15.40' S12.98' E34.40' N61.88' W68.8'To Beg
Legal Description
Picken & Loftins E Wash St Add Pt Lots 65 & 66 Beg Nw Cor L66 P.O.B. S45' E19' S3.90' E15.40' S12.98' E34.40' N61.88' W68.8'To Beg
Listing Agency:
Highgarden Real Estate
(317) 205-4320
Listed By:
Gabriela Pitts · License #RB18000474
(317) 280-4663
Added: Feb 18
Changed: Aug 7
Last Checked: Aug 11 at 6:06AM
MLS# 22083393
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 triplex at 2305 E Michigan Street includes two units producing rental income and a third unit currently vacant. The building features modern finishes, a thoughtful interior layout, and dedicated storage space that adds functional utility for the property.
The property sits on a 0.09-acre lot in Indianapolis, Indiana, within ZIP Code 46201. C5 zoning is identified for the site. The existing unit configuration provides a combination of current rental operations and an unoccupied unit within the same multifamily asset.
The property sits on a 0.09-acre lot in Indianapolis, Indiana, within ZIP Code 46201. C5 zoning is identified for the site. The existing unit configuration provides a combination of current rental operations and an unoccupied unit within the same multifamily asset.
Key Highlights
- Three‑unit triplex with two units generating rental income
- One unit is currently vacant
- Dedicated storage space included
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,056
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - C5-zoned building with two income-producing units and one vacant unit.
Where is this triplex located?
The property is located at 2305 E Michigan Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Three‑unit triplex with two units generating rental income; One unit is currently vacant; Dedicated storage space included
