Incredible 4-unit opportunity in Lawrence! This two story apartment building has large scale cash flow potential. Property needs some work but features spacious 2 bedroom units with separate meters, newer kitchens, some newer flooring, and large living areas. Unique, hard to find multi-family property in Devington with good tenant base. This is a must see!
Multi-familyProperty Type
1960Year Built
0.54 acresLot Size
Listed by Chris Price• Keller Williams Indy Metro Partners
Contact: chrisprice@indypropertysource.com
Bought with Suzanne Green• M.S.WOODS REAL ESTATE, LLC
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
—
Sq. Ft.
—
Year built
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Style
Multi-Family (2-4 Unit)
County
Marion County
APN
490711102004000401
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jan 15, 2023.
D7
METRO
Dwelling District Seven
The D-7 District is intended for medium density residential development, accommodating multifamily dwellings, triplex, fourplex, two-family and single-family attached dwellings. The District may be applied anywhere within the metropolitan area, provided, however, it should be closely associated with the primary intensity generators, such as commercial shopping centers or industrial employment centers. The District requires superior street access and all public utilities and facilities. Provisions for various modes of travel and pedestrian linkages are critical. Well-planned, on-site recreational facilities, selected to fit the site and residents' needs, must be developed to answer the demands of the higher density of residents. The D-7 District has a typical density of 12 to 15 units per gross acre fulfilling the medium density residential recommendation of the Comprehensive General Land Use Plan. Development plans should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site conditions, including vegetation, topography, drainage and wildlife.
Zone overlays
Metro Context Area
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Communications tower
Park & open space
Mar 1, 1996 • Final
Heating & cooling permit-multi-family-replacement
HVAC
Mar 1, 1996 • Final
Electrical permit-multi-family-alteration-remodel
Replace the meter center and electrical panel boxes.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Unit Parking: Parking Lot
Interior
Virtual Tour
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: Ins Hazard
Gross Income: 0
Expenses: 0
Multi-Unit Information
# of Units: 4
Furnished: Unfurnished
Unit Type 1 Information
Kitchen: 15x12
Levels: 1
Miscellaneous: No Equip
Rent: 0
Rent Frequency: Monthly
Utilities: Fuel Gas
Unit Type 2 Information
Kitchen: 15x12
Levels: 1
Miscellaneous: No Equip
Rent: 0
Rent Frequency: Monthly
Utilities: Fuel Gas
Unit Type 3 Information
Levels: 1
Rent Frequency: Monthly
Rent: 0
Unit Type 4 Information
Levels: 1
Rent: 0
Rent Frequency: Monthly
Exterior
Property Features
Conversion: No
Property Information
Property Type: Residential Income
Property Sub Type: Fourplex
Land Information
Acres: 1/2-1 Acre
Lot Information
Lot Size Acres: 0.536
Lot Features: Access
Utilities
Utility Information
Utilities: Gas Nearby
Solid Waste Information: No
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: 46th to Arlington, North to Dickson Road, East to property
Tax Legal Description: DEVINGTON ACRES 2ND SEC T
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Marion County
APN: 490711102004000401
Home facts updated by county records on Jan 14, 2023