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    6056 E 16Th St Indianapolis, IN 46219

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    For Lease
    $899 /Mo ($11 SF/Yr)

    Charming 900 sq ft Indianapolis apartment with updated flooring.

    Property size:
    900 SF
    Lot size:
    0.91 Acres

    Property Features for 6056 E 16Th St

    General Information

    Size
    900 SF
    Lot size
    0.91 Acres

    Building Details

    Year built
    1953

    Source: Keller Williams Realty Indy Metro Northeast Agent Mark Jones

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Apartment with Modern Amenities

    Located in Indianapolis, this apartment rental offers 900 sq ft of living space. The property features an open floor plan and updated flooring. The rooms are large and airy, providing natural light. Washer and dryer hookups are available. The apartment is located near shopping, dining, and entertainment. Residents are enrolled in a Resident Benefits Package (RBP) for $36.95/month, which includes credit building with timely rent payments, HVAC air filter delivery (for applicable properties), move-in concierge service for utility connection and home service setup, a resident rewards program, and on-demand pest control. Rent Guarantee policy from theGuarantors required.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.0625329
    Latitude
    39.7891881

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    FAQs

    What type of property is this?
    Apartment building - Charming 900 sq ft Indianapolis apartment with updated flooring.
    Where is this apartment building located?
    The property is located at 6056 E 16Th St Indianapolis, IN.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Prime location near shopping, dining, and entertainment.; - Spacious 900 sq ft of living space.; - Updated flooring and modern amenities.
    Request Owner's contact information
    6056 E 16Th St Indianapolis, IN 46219
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    Indianapolis, IN 46219
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6056 E 16Th St Indianapolis, IN 46219
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