2918 Jackson ST new

Indianapolis,IN 46222

$ 635000

- Bed

- Bath

4983 SqFt


Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 4,983 sqft

Price per Sqft $127

MLS Listing ID 22066566

Tax Year 2024

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Multi-Family 5+

Property Description

Beautiful 5 plex. One of the units is a detached structure with 3 bedrooms and 2 full baths in which the tenants pay all utilities. Zoned D8 but restricted to 5 units. Excellent condition with all rents guaranteed by Indy Health. Newer roof, siding, furnace, ac units, electrical, and plumbing. Property sits 1000 feet from Christel Dehaan new development. With 5% vacancy and $3000 allowed for yearly repairs, cap rate is 12%.

Location

State IN

County Marion

Zoning D8

Interior

Fireplace N

Exterior

Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

Building

Story Two

New Construction false

Schools

School District Indianapolis Public Schools

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