Search
10-Unit SRO Apartment Building
For Sale
$795,000

3712 E Washington Street, Indianapolis, IN 46201

Commercial Sale, Indianapolis, IN

Property SizeContact for details
Lot Size0.14 Acres
Days on Market328

Property Features for 3712 E Washington Street

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning D8
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Basement, Bedroom 1
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 491005208026000101
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Hollywood Pl L3
Tax Annual Amount 9758
Legal Description Hollywood Pl L3

Amenities

shared kitchens
shared living rooms
laundry facilities

Building Details

Number of units 10
Listing Agency: Kaiser Real Estate Corp. · Coldwell Banker Real Estate
Listed By: Joshua Hoeft · License #RB23002184
Added: Nov 21, 2025 Changed: Oct 8 Last Checked: Oct 15 at 8:06AM
MLS# 22073725

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 under-construction SRO apartment property is arranged across two levels, with five units on each floor. Every unit has a private bathroom. Shared kitchens, living areas, and laundry facilities serve residents on both levels, creating a consistent setup throughout the building.

The property at 3712 E Washington Street in Indianapolis occupies a 0.14-acre lot and is zoned D8. Adjoining lots are offered separately and may be acquired with the building.

Key Highlights

  • 10 units arranged as five per level
  • Private bathroom in each unit
  • Shared kitchens, living areas, and laundry on both levels

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Big Box & Wholesale Store Skin Care Clinic Spa & Massage Center

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

10
Residential units

Location Intelligence

Trade Area within ½ mile

397
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Each level includes shared kitchens, living space, and laundry alongside units with private bathrooms.
Where is this apartment building located?
The property is located at 3712 E Washington Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 10 units arranged as five per level; Private bathroom in each unit; Shared kitchens, living areas, and laundry on both levels
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again