850 Fletcher Ave, Indianapolis, IN 46203

This exceptional investment opportunity encompasses two parcels totaling 0.21 acres located at 850 Fletcher Avenue in Indianapolis, Indiana, zip code 46203. The property is zoned D8, permitting multifamily development, and a comprehensive site plan is readily available. This prime location offers significant potential for a lucrative multifamily project. The combined annual property taxes for both parcels amount to $1,485. All essential utilities are conveniently located at or near the site, streamlining the development process. The asking price for this exceptional land offering is $199,000. The property consists of five permitted residential units. This is a rare chance to acquire a well-situated, ready-to-develop multifamily site in a thriving Indianapolis neighborhood. The included site plan simplifies the development process, saving time and resources. Don't miss this opportunity to capitalize on the strong demand for multifamily housing in this desirable area.