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Multifamily Building for Sale

401 N Walcott Street Indianapolis, IN 46201

401 N Walcott Street, Indianapolis, IN, 46201
$625,000
Pending
For Sale
Claim this Listing
$625,000
Pending

MULTI_FAMILY - Indianapolis, IN

Lot Size0.13 Acres
AddedJan 15
Days on Market181
Last RefreshJul 15 at 4:06 am

Property Features for 401 N Walcott Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Standard status
Pending
APN
491006175053000101
Lot size
0.13 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
Pettibone Richards Highland Home Add L43

Building Details

Year built
2026
Floors in Building
2
Number of units
2

Listing agent Edward Neu License #RB14039123

Listing office Neu Real Estate Group E 75th St Ste 100 6330, McCordsville, IN

Listing date Jan 15, 2026

MLS# 22080145 Listing URL

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 is a multifamily property offered for sale, positioned on a 0.13-acre lot. The listing does not provide additional building size, unit count, or interior improvement details, so prospective buyers are encouraged to review the available materials during due diligence.

The property is located at 401 N Walcott Street in Indianapolis, Indiana (Marion County). As provided, the transaction is structured as a sale, and the site size is identified, but no further information is included regarding frontage, access features, or nearby commercial anchors.

For buyers looking for a smaller residential income asset, this multifamily building may fit a range of ownership strategies where the objective is to acquire a compact multifamily holding within Indianapolis. Because the listing information does not specify tenancy, current leases, or any property condition details, underwriting and inspections will be important to confirm operating profile, capital needs, and final suitability for the buyer’s intended use. This offering can be evaluated as part of a broader multifamily portfolio or as an entry point into small-scale multifamily ownership in Marion County.

Key Highlights

  • Under construction
  • Year built: 2026

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Specialty properties

Suggested Use

Computer & Electronic Repair (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store Pharmacy (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Specialty property - Small multifamily property offered for sale on a compact lot in Indianapolis, suited for buyers seeking residential income real estate.
Where is this specialty property located?
The property is located at 401 N Walcott Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Under construction; Year built: 2026
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