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8-Unit Brick Apartment Building
For Sale
Contact for pricing
Pending

2924 S County Road 1050 E, Indianapolis, IN 46231

All-brick property with refreshed exterior components and shared coin-operated laundry.

Property SizeContact for details
Days on Market141

Property Features for 2924 S County Road 1050 E

General Information

Standard status Pending
Property subtype Office

Additional Details

Multifamily Units 8

Amenities

common area coin operated laundry

Building Details

Construction brick
Listing Agency: Keller Williams Realty Indianapolis Metro North
Listed By: Jordan Moody · License #RB15001355
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:01AM

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 Realty Indianapolis Metro North

Investment Insights

Based on property information with market context.

This 8-unit apartment property is constructed with brick and includes a shared laundry area equipped with coin-operated machines. Four units have received updates and are in rent-ready condition, providing refreshed interior options within the building.

Recent exterior work includes a new parking lot and driveway, replacement gutters, soffit and fascia, new exterior paint, new exterior doors, and vinyl windows throughout. The property is described as being near the airport, industrial activity, and surrounding residential communities.

Key Highlights

  • 8‑unit apartment property with all‑brick construction
  • Four units updated to rent‑ready condition
  • New parking lot and driveway

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Law Firm HVAC Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

107
Businesses Nearby

Demographics for 46231, IN

10,889
Population
3,895
Households
2.8
Avg Household Size
36
Median Age
19%
College-Educated
79%
High-School Grad
11.7 sq mi
ZIP Area
931
Density / Sq Mi
$76,823
Median Household Income
$47,727
Median Earnings
$1,575
Median Rent
$204,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - All-brick property with refreshed exterior components and shared coin-operated laundry.
Where is this apartment building located?
The property is located at 2924 S County Road 1050 E Indianapolis, IN.
What are key features of this property?
This property features: 8‑unit apartment property with all‑brick construction; Four units updated to rent‑ready condition; New parking lot and driveway
More about this property
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