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Class A Townhome Apartment Community
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6159 Winthrop Ave, Indianapolis, IN 46220

Twenty-four modern rental residences offer private entries, spacious layouts, premium finishes, and private patios.

Property Size29,920 SF
Days on Market144

Property Features for 6159 Winthrop Ave

General Information

Standard status Active
Size 29,920 SF
Class Class A
Property subtype Multifamily
Occupancy 94%

Additional Details

Average Monthly Rent $2,125
Multifamily Units 24

Amenities

private entries
granite countertops
stainless steel appliances
in-unit washer and dryers
private patios
New Construction, High Quality Real Estate: 2016-Vintage with No Deferred Maintenance
Large Townhomes with Premium Finishes: Spacious Two- and Three-Bedroom Townhomes Featuring Condo-Quality Level of Finish
Irreplaceable Broad Ripple Village Location: Broad Ripple is one of Indianapolis' Most Lively and Walkable Districts with a Walkability Score of 92.
Affluent Northside of Indianapolis: One-Mile Average Household Income Boasting $146K
Rent Comps Supportive of Future Upside: Similar Product is Achieving $400/mo Premiums

Building Details

Building Size 29,920 SF
Year Built 2016
Units 24
Construction townhome
Listing Agency: Indianapolis Office
Listed By: Aaron Kuroiwa · License #License(s): IN: RB17000780
Source: Marcusmillichap
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 12:00AM

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 Indianapolis Office

Investment Insights

Based on property information with market context.

Built in 2016, this 24-unit apartment property consists of large-format townhome residences with two- and three-bedroom floor plans averaging approximately 1,190 square feet. Each home includes a private entrance and patio, along with granite countertops, stainless steel appliances, and an in-unit washer and dryer. The community is positioned as a Class A rental asset in Indianapolis’ Broad Ripple submarket.

The property is located at 6159 Winthrop Ave in Indianapolis, with access to the Monon Trail, established retail and dining corridors, and major employment centers including Downtown Indianapolis, IU Health, and Eli Lilly. Its unit mix and townhouse-style layouts provide a distinct residential configuration within the local apartment market.

Key Highlights

  • 24‑unit apartment community constructed in 2016
  • Townhome‑style residences average approximately 1,190 square feet
  • Two- and three‑bedroom floor plans

Property Analytics

Current Use

The Win Townhomes Apartment Building 6159 WINTHROP AVE Condominium Complex

Suggested Use

Top Pick Electrical Service HVAC Service Auto Parts Store Grocery & Convenience Store Storage Facility Carpet & Flooring Store

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

24
Residential units

Location Intelligence

Trade Area within ½ mile

1,467
Businesses Nearby

Demographics for 46220, IN

36,078
Population
17,524
Households
2.1
Avg Household Size
37
Median Age
67%
College-Educated
98%
High-School Grad
11.7 sq mi
ZIP Area
3,084
Density / Sq Mi
$103,735
Median Household Income
$58,867
Median Earnings
$1,330
Median Rent
$329,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Twenty-four modern rental residences offer private entries, spacious layouts, premium finishes, and private patios.
Where is this apartment building located?
The property is located at 6159 Winthrop Ave Indianapolis, IN.
What are key features of this property?
This property features: 24‑unit apartment community constructed in 2016; Townhome‑style residences average approximately 1,190 square feet; Two- and three‑bedroom floor plans
More about this property
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