Don't let this one get away from you! Just across from all the redevelopment at Riverside Park, this area is getting hot! Great opportunity to own a three unit rental with great income potential!We have received multiple offers. Asking for highest and best by 8pm tonight. September 2nd.
Multi-familyProperty Type
1931Year Built
7,100 sq ftLot Size
3 spacesParking
Listed by Gregory Mayo• eXp Realty, LLC
Contact: gmayo@highgarden.com
Bought with Ann Montgomery• Promisedst Place Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
5
Baths
3
Stories
1
Lot width
46 ft.
Lot depth
154 ft.
Lot size
7,100
Year renovated
2023
Sq. Ft.
999
Year built
1931
Style
Multi-Family (2-4 Unit)
County
Marion County
APN
490627102004000101
Parking Spaces
3
Basement
Yes
Accessible
Yes
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Aug 6, 2026.
D5
AIRSPACE SECONDARY ZONING DISTRICT
COMPACT
Dwelling District Five
The D-5 district is intended for medium and large- lot housing formats, primarily for detached houses, but may incorporate small- scale multi- unit building types in strategic locations. This district can be used for new, walkable suburban neighborhoods or for infill situation in established urban areas, including both low density and medium density residential recommendations of the Comprehensive Plan, and the Suburban Neighborhood and Traditional Neighborhood Typologies of the Land Use Pattern Book.
Zone overlays
Airspace Secondary Zoning District
Compact Context Area
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space
Property details
Parking
Parking Information
Unit Parking: On Street
Interior
Interior Sq. Ft. Information
Building Area Total: 0
Living Area: 0
Laundry Room Information
Laundry Features: No Laundry Facil.
Multi-Family Financial Information
Owner Pays: Not Applic
Gross Income: 0
Expenses: 0
Multi-Unit Information
# of Units: 3
Unit Type 1 Information
Kitchen: 8x10
Levels: 1
Miscellaneous: No Equip
Rent: 500
Rent Frequency: Monthly
Utilities: Fuel Elec
Unit Type 2 Information
Kitchen: 8X10
Levels: 1
Miscellaneous: No Equip
Rent: 625
Rent Frequency: Monthly
Utilities: Heat Forced
Unit Type 3 Information
Kitchen: 8X10
Levels: 1
Miscellaneous: No Equip
Rent Frequency: Monthly
Rent: 625
Utilities: Heat Forced
Exterior
Property Features
Conversion: No
Property Information
Property Type: Residential Income
Attached Property
Property Sub Type: Residential Units - 1 to 4
Land Information
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.163
Lot Features: Access
Utilities
Utility Information
Utilities: Sewer Connected
Solid Waste Information: Yes
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: TRAVEL 16TH OR 30TH STREET TO E. RIVERSIDE DRIVE (1600 WEST, RUNS ALONG EAST EDGE OF RIVERSIDE PARK), DRIVE TO INTERSECTION OF 29THSTREET. BUILDING IS ON THE SOUTH-EAST CORNER.
Tax Legal Description: BROWNS PARKVIEW ADD L18
Public facts
Beds: 5
Baths: 3.0
Sq. Ft.: 999
Stories: 1.0
Parking Spaces: 3
Basement: Yes
Accessible: Yes
Lot Size: 7,100 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1931
Year Renovated: 2023
County: Marion County
APN: 490627102004000101
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Aug 6, 2026
Other
Listing Information
Attribution Contact: gmayo@highgarden.com
Green Information
Green Certification YN: No
Home Information
Construction Materials: Stone
Security Features: Smoke Alarm
Around this home
Schools
Cold Spring School
Public K-8 • Assigned • 1.1mi
7/10
Riverside High School
Charter 9-12 • Assigned • 0.2mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 102° expected this year, 19 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46208
Average low and high temperatures (°F)
32
18
42
26
60
40
68
49
71
54
83
66
88
71
83
65
82
59
70
49
54
39
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.6 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$178,000 – $215,000
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