2320 E 12th St | Indianapolis, IN 46201
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
2320 E 12th St
Indianapolis, IN 46201
2320 E 12th St. · Residential Property For Sale · 9 Units
Investment Highlights
- Sought after B+ class area
- Area cap rate 6.5-7.5%!
- Windsor Park neighbourhood walking distance to trendy Brookside Ave and 10th St Amenities, Pogues Run green space.
- Signifigant upside in rents after improvements and repositioning. Ripe for a condo conversion or upgrade the building to B class units!
- Area average home sales of this size in the $650Ks; promforma value after rehab $700K + based on a 7% cap rate.
PROPERTY FACTS
| No. Units | 9 | Lot Size | 0.17 AC |
| Property Type | Residential | Building Size | 5,580 SF |
| Property Subtype | Apartment | Average Occupancy | 66% |
| Apartment Style | Low Rise | Number of Floors | 3 |
| Building Class | C | Year Built | 1910 |
| No. Units | 9 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,580 SF |
| Average Occupancy | 66% |
| Number of Floors | 3 |
| Year Built | 1910 |
Unit Amenities
- Heating
- Vaulted Ceiling
- Oven
- Yard
- Double Pane Windows
- Vinyl Flooring
Site Amenities
- Gas Range
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 3 | £700.00 | 300 - 500 |
| 1+1 | 4 | £750.00 | 600 |
| 1+1.5 | 1 | £800.00 | 700 |
| 2+1 | 1 | £900.00 | 750 |
PROPERTY TAXES
| Parcel Number | 49-07-31-108-036.000-101 | Improvements Assessment | £70,612 |
| Land Assessment | £8,336 | Total Assessment | £78,948 |
PROPERTY TAXES
Parcel Number
49-07-31-108-036.000-101
Land Assessment
£8,336
Improvements Assessment
£70,612
Total Assessment
£78,948
zoning
| Zoning Code | 4-6 family (Classified as COMM Apt 4-19 Units, Zoned as 4-6 family.) |
| 4-6 family (Classified as COMM Apt 4-19 Units, Zoned as 4-6 family.) |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
