Two-Site Townhome
For Sale
Contact for pricing
412 E County Line Rd, Indianapolis, IN 46227
Two-site, 66-unit townhome portfolio featuring attached garage units and in-unit washer/dryer connections.
Property Size98,190 SF
Days on Market72
Property Features for 412 E County Line Rd
General Information
Standard status
Active
Size
98,190 SF
Class
B
Total Parking Spaces
124
Property subtype
Multifamily
Occupancy
97%
Investment Type
Value Add
Net Operating Income
$892,506
Additional Details
Multifamily Units
66
Amenities
vaulted living room ceilings
full-size washer/dryer connections
walk-in closets
pantries
private patios
private driveways with attached garages
Building Details
Year Built
2000
Year Renovated
2008
Buildings
11
Units
66
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Indianapolis
Listed By:
Aaron Kuroiwa · License #IN RB17000780
Source:
Crexi
Added: Jun 29
Changed: Aug 26
Last Checked: Sep 7 at 8:17AM
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 Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
This offering includes Coventry Park and Mansfield Village, a two-site portfolio totaling 66 townhome units. Coventry Park comprises 30 units constructed in 2008, and Mansfield Village consists of 36 units individually parceled and constructed in 2004. The floor plans include a mix of large 2- and 3-bedroom townhomes, with attached 1- or 2-car garages per unit.
Each unit is described as offering condo-quality living spaces, including vaulted living room ceilings, full-size washer/dryer connections, walk-in closets, pantries, private patios, and private driveways leading to the attached garages.
Coventry Park and Mansfield Village are located approximately 15 minutes apart, and each site is described as having a nearly 50/50 mix of the larger 2- and 3-bedroom layouts.
Each unit is described as offering condo-quality living spaces, including vaulted living room ceilings, full-size washer/dryer connections, walk-in closets, pantries, private patios, and private driveways leading to the attached garages.
Coventry Park and Mansfield Village are located approximately 15 minutes apart, and each site is described as having a nearly 50/50 mix of the larger 2- and 3-bedroom layouts.
Key Highlights
- Two‑site, 66‑unit townhome portfolio on Indianapolis’ south side
- Coventry Park: 30 units built in 2008; Mansfield Village: 36 individually parceled units built in 2004
- Nearly 50/50 mix of large 2- and 3‑bedroom townhomes with attached 1- or 2‑car garages per unit
Property Analytics
Current Use
Lease Details
66
Residential units
Location Intelligence
Trade Area within ½ mile
614
Businesses Nearby
Explore this area
Business Placement
Demographics for 46227, IN
62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-site, 66-unit townhome portfolio featuring attached garage units and in-unit washer/dryer connections.
Where is this apartment building located?
The property is located at 412 E County Line Rd Indianapolis, IN.
What are key features of this property?
This property features: Two‑site, 66‑unit townhome portfolio on Indianapolis’ south side; Coventry Park: 30 units built in 2008; Mansfield Village: 36 individually parceled units built in 2004; Nearly 50/50 mix of large 2- and 3‑bedroom townhomes with attached 1- or 2‑car garages per unit
