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3543 Payton Ave Indianapolis, IN 46226

Sponsored
For Sale
$1,275,000

High-Yield Multifamily Investment Opportunity

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a portfolio of nine single-family rental homes located in Indianapolis, Indiana, at 3543 Payton Ave, zip code 46226, within Marion County. The portfolio boasts a strong 8% capitalization rate and is currently 100% occupied, generating immediate cash flow. Each of the nine buildings comprises a single unit, offering a simplified management structure. The asking price for this Class B multifamily property is $1,275,000, translating to approximately $141,667 per unit. The seller is offering attractive financing options, including a 5.75% interest rate loan with a three-year balloon payment. This presents a compelling opportunity for investors seeking a stable, high-yielding investment in a desirable Indianapolis location. The property's strong occupancy rate and attractive financing terms make it an ideal addition to any real estate portfolio. Further details are available upon request.

Property Features for 3543 Payton Ave

General Information

Property type
Multifamily properties
Class
B

Building Details

Buildings
9
Units
9

HighLights

  • $1,275,000 asking price.
  • Nine‑unit multifamily portfolio (single‑family rentals).
  • Class B property.
  • 8.00% cap rate.
  • $141,667 average price per unit.
  • Located in Indianapolis, IN (Marion County, zip code 46226).
Property Profile Location Intelligence

Current Use by Public Records

Residential income homes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Marion
State
Indiana
Longitude
-86.031839
Latitude
39.8217796

FAQs

What type of property is this?
Multifamily property - High-Yield Multifamily Investment Opportunity
Where is this multifamily property located?
The property is located at 3543 Payton Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: $1,275,000 asking price.; Nine-unit multifamily portfolio (single-family rentals).; Class B property.
More about this property
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