Search
12-Unit Apartment Building
For Sale
Contact for pricing

3825 N Whittier Pl, Indianapolis, IN 46226

Updated interiors and individually metered electric simplify operations across the apartment units.

Property Size8,604 SF
Price / SF$81.36
Days on Market135

Property Features for 3825 N Whittier Pl

General Information

Standard status Active
Size 8,604 SF
Class C
Property subtype Multifamily
Occupancy 100%
Investment Type Value Add
Net Operating Income $29,328

Financials

Asking Price $700,000
Average Monthly Rent $651

Units

Unit Mix 12 x 1BR/1BA
Multifamily Units 12

Building Details

Year Built 1969
Year Renovated 2024
Buildings 1
Stories 3
Units 12
Listing Agency: Verti Commercial Real Estate
Listed By: Matthew E. Drane · License #SAL.2020000914
Source: Crexi
Added: Apr 21 Changed: Aug 30 Last Checked: Aug 30 at 3:36PM

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 Verti Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at 3825 N Whittier Pl in Indianapolis, Whittier Place Apartments is a 12-unit multifamily property totaling 8604 square feet. The unit mix consists entirely of one-bedroom, one-bathroom apartments, creating a consistent configuration across the building.

Interior improvements include fresh paint and new flooring throughout all units. The property was built in 1969 and is currently 100% occupied. Electric service is individually metered by apartment, providing a defined utility arrangement for ongoing operations.

Key Highlights

  • 12‑unit apartment property totaling 8604 square feet
  • All apartments are configured as one‑bedroom, one‑bathroom units
  • 100% occupied

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Electrical Service Gym & Fitness 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

12
Residential units

Location Intelligence

Trade Area within ½ mile

253
Businesses Nearby

Demographics for 46226, IN

43,997
Population
21,380
Households
2.1
Avg Household Size
35
Median Age
24%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
2,973
Density / Sq Mi
$47,086
Median Household Income
$34,225
Median Earnings
$1,045
Median Rent
$148,900
Median Home Value

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 - Updated interiors and individually metered electric simplify operations across the apartment units.
Where is this apartment building located?
The property is located at 3825 N Whittier Pl Indianapolis, IN.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 12‑unit apartment property totaling 8604 square feet; All apartments are configured as one‑bedroom, one‑bathroom units; 100% occupied
(202) 510-2689 Call to check price and availability
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