$899,900

1505 S East Street, Indianapolis, IN 46225

  • 9,200 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.6acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $98/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

Prime Property with Multi-family potential, ideally situated in the vibrant Bates-Hendricks neighborhood on the south side of Indianapolis. Located less than 1 mile from Eli Lilly & Co. Corporate Campus and the thriving Fountain Square district, the property offers easy access to major interstates (I-65 & I-70) and thruways, ensuring convenient travel to any Indianapolis destination. This expansive 9,200 square-foot structure sits on a large corner lot with 173 feet of frontage along East Street. Currently zoned C-1. Features four garage bays and a dedicated parking lot with over 10 spaces for added convenience. The floor plan consists of four combined structures plus attached garages. With limitless potential, this asset is ideal for residential redevelopment, lighter commercial office-type uses, or even mixed-use projects. The combination of a prime location, visibility, and accessibility makes this property a standout investment opportunity in one of the city's most dynamic areas.

Listing Status:
Active
Listing Office:
Berkshire Hathaway Home : 317-503-6688
Listing Agent:
Nathaniel Wozniak : 317-503-6688
MLS ID:
22006941
  • Basement: Unfinished
  • A/C: Central Air
  • Heating: Forced Air
  • General: Exterior Handicap Accessible
  • Parking: AttachedCommonAsphaltGarage Faces Rear
  • Roofing: FlatMembraneRubberShingle
  • Road/Access: City Street
  • Originating MLS: mibor
  • School District: Indianapolis Public Schools
  • County: Marion
  • Zoning: C-1Seidensticker & Naltners Sub L1 Thru L5491113168027000101
  • Current Use: OfficeVacant
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected200+ Amp Service
  • Source: mibor

This listing courtesy of Nathaniel Wozniak, Berkshire Hathaway Home

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

James A. Garfield School 31

307 Lincoln St, Indianapolis, IN, 46225

Grades KG-8

0.20 miles away

J

James A. Garfield School 31

307 Lincoln St, Indianapolis, IN, 46225

Grades KG-8

0.20 miles away

E

Emmerich Manual High School

2405 Madison Ave, Indianapolis, IN, 46225

Grades 10-12

0.91 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.