Gutted 6-Unit Multifamily
2605 Shelby Street Indianapolis, IN 46203
2605 Shelby Street, Indianapolis, IN, 46203
$299,000
For Sale
$299,000
Six-unit property with two connected structures and framing underway, requiring full renovation to major systems and interior finishes.
Property Size6,582 SF
Price / SF$45.43
Days on Market128
Property Features for 2605 Shelby Street
General Information
- Standard status
- Active
- Size
- 6,582 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1930
Listing agency
Keller Williams Indpls Metro N
(317) 846-6300
Listed by
Peter Stewart · License #RB15000083
Source
Xome
Added: Mar 17 Updated: Jul 21 at 2:32AM Checked: Jul 21 at 3:14AM
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 Keller Williams Indpls Metro N
Investment Insights
Based on property information with market context.
This 6-unit multifamily property is currently gutted and partially framed, with renovations needed throughout. Major systems including plumbing, electrical, and HVAC require replacement, along with drywall and complete interior finishes. The unit mix includes two 1BR/1BA units, three 2BR/1BA units, and one 3BR/2BA unit, with sizes ranging approximately from the high-500s square feet to about 1,150 square feet for the largest unit.
The property consists of two connected structures: a two-story building with one unit per level, and a single-story concrete block/brick building housing the remaining units. There is a large front concrete patio and a rear parking area accessible off the alley. The asset is sold as-is, with cash, hard money, or renovation financing only.
The property consists of two connected structures: a two-story building with one unit per level, and a single-story concrete block/brick building housing the remaining units. There is a large front concrete patio and a rear parking area accessible off the alley. The asset is sold as-is, with cash, hard money, or renovation financing only.
Key Highlights
- 6‑unit property at 2605 Shelby St in Indianapolis, directly across from Garfield Park
- Two connected structures: a 2‑story building with 1 unit per level plus a single‑story concrete block/brick building for remaining units
- Framing underway (partially framed and down‑to‑the‑studs), with a full renovation required
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Six-unit property with two connected structures and framing underway, requiring full renovation to major systems and interior finishes.
Where is this apartment building located?
The property is located at 2605 Shelby Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 6‑unit property at 2605 Shelby St in Indianapolis, directly across from Garfield Park; Two connected structures: a 2‑story building with 1 unit per level plus a single‑story concrete block/brick building for remaining units; Framing underway (partially framed and down‑to‑the‑studs), with a full renovation required
