7-Unit Apartment
New
For Sale
$350,000
7020 - 7032 Twin Oaks Dr, Indianapolis, IN 46226
Gutted multifamily property with renewed roofing and flexible parking-area potential near mass transit.
Property Size6,794 SF
Price / SF$51.52
Days on Market6
Property Features for 7020 - 7032 Twin Oaks Dr
General Information
Standard status
Active
Size
6,794 SF
Property subtype
Multi-Family
Property Condition
Severity
Major Repairs Needed
Evidence
gutted to the studs
Units
Unit Mix
2 x 1BR/1BA, 2 x 3BR/2BA, 2 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units
7
Additional Details
Public Transit
Yes
Building Details
Buildings
1
Listing Agency:
F.C. Tucker Company
Listed By:
The James Embry Team
(317) 903-0262
Source:
Jamesembry
Added: Sep 22
Changed: Sep 26
Last Checked: Sep 26 at 7:20AM
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 F.C. Tucker Company
Investment Insights
Based on property information with market context.
This apartment building is configured as 7 units, including two 1-bedroom, 1-bath units, two 3-bedroom, 2-bath units, and two 3-bedroom, 1-bath units. A large 2-bedroom, 1-bath unit is also included and identified for potential division into two units. The interior has been stripped to the studs. Roof and decking replacement was completed in summer 2023, and all 7 sewer lines were clear to the street as of July 2026.
Located at 7020 - 7032 Twin Oaks Dr in Indianapolis, the property includes a large parking lot that can accommodate food trucks, storage, or a laundry room. A fresh survey, interior scan, and 8' privacy fence along the North Side are complete. Grocery stores, shopping, mass transit one block away, and nearby entry-level and labor employment are noted in the surrounding area.
Located at 7020 - 7032 Twin Oaks Dr in Indianapolis, the property includes a large parking lot that can accommodate food trucks, storage, or a laundry room. A fresh survey, interior scan, and 8' privacy fence along the North Side are complete. Grocery stores, shopping, mass transit one block away, and nearby entry-level and labor employment are noted in the surrounding area.
Key Highlights
- 7‑unit configuration with two 1‑bedroom, 1‑bath units, two 3‑bedroom, 2‑bath units, and two 3‑bedroom, 1‑bath units
- Large 2‑bedroom, 1‑bath unit identified for potential division into 2 units
- Roof and decking replaced in summer 2023; interior is gutted to the studs
Property Analytics
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Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
485
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Gutted multifamily property with renewed roofing and flexible parking-area potential near mass transit.
Where is this apartment building located?
The property is located at 7020 - 7032 Twin Oaks Dr Indianapolis, IN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 7‑unit configuration with two 1‑bedroom, 1‑bath units, two 3‑bedroom, 2‑bath units, and two 3‑bedroom, 1‑bath units; Large 2‑bedroom, 1‑bath unit identified for potential division into 2 units; Roof and decking replaced in summer 2023; interior is gutted to the studs
