3712 E Washington Street Indianapolis, IN $ 795,000
3712 E Washington Street
$ 795,000
New Construction
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3712 E Washington Street

Indianapolis, IN, 46201
$ 795,000
Bedrooms-- Baths-- Sq 5,376

Monthly Estimate*

$ 5,491

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Commercial Property for sale in Indianapolis, IN

for $795,000. This 5,376 square foot building was built on a lot size of 0.14.

10-unit Single Room Occupancy (SRO) property offering strong income potential. The building features five units on the upper level and five on the lower level, each with a private bathroom. Shared kitchens, living rooms, and laundry facilities are located on both sides, creating a balanced and functional layout for tenants. Excellent opportunity for an investor seeking steady cash flow or the potential to continue developing on the adjoining lots which can be purchased alongside the building at a separate offering. Listing broker for financials and touring.

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Commercial Active

Price

$ 795,000

Property Type

Commercial

Taxes

$ 9,758

Style

Multi Family

Lot Size

0.14

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22073725

Features
General
Utilities Electricity Connected
Possession Closing
Zoning D8
Township Center
Property Subtype Multi Family
Tax Year 2024
Current Use Apt>20
County Marion
New Construction Y
Property Type Commercial Sale
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 10
MLS Area 4910 - Marion - Center
Lot Size Square Feet 6011
Builder Name Landmark Development
Standard Status Active
Tax Lot 49-10-05-208-026.000-101
Cap Rate 7
Legal Description Hollywood Pl L3
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Interior
Basement (Y/N) Y
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Exterior
Building Area Total 5376
Lot Size Acres 0.14
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* Excluded Features
List By
Kaiser Real Estate Corp.

Broker

joshua.hoeft@svn.com

Email

Affordability Calculator

$6,304
Per Month
87%
13%
0%
Monthly Principal & Interest
$5,491
Monthly Property Taxes
$813
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/10/2026$795,000 -8.09% Price Down
11/21/2025$865,000 Listed Price

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3712 E Washington Street, Indianapolis, IN, 46201 is a Commercial Property for sale at $795,000 with 5,376 sqft and a lot size of 0.14. The property's zip code is 46201 which is in Indianapolis, IN