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2840 Doctor M.L.K. Jr Street Indianapolis, IN $ 89,900
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2840 Doctor M.L.K. Jr Street
$ 89,900
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2840 Doctor M.L.K. Jr Street

Indianapolis, IN, 46208
$ 89,900
Bedrooms-- Baths-- Sq 3,888

Monthly Estimate*

$ 621

2840 Doctor M.L.K. Jr Street, Indianapolis, IN 46208 - Image 1
2840 Doctor M.L.K. Jr Street, Indianapolis, IN 46208 - Image 2
2840 Doctor M.L.K. Jr Street, Indianapolis, IN 46208 - Image 3
2840 Doctor M.L.K. Jr Street, Indianapolis, IN 46208 - Image 4
2840 Doctor M.L.K. Jr Street, Indianapolis, IN 46208 - Image 5

Commercial Property for sale in Indianapolis, IN

for $89,900. This 3,888 square foot building was built in 1910 on a lot size of 0.08.

Location, Location, Location!! Corner Lot. A historical style structure located on a historical named street: Dr Martin Luther King, Jr Street. Zoned C-4! Are you looking for an Opportunity Zone? This is it: Entrepreneurs, bed/breakfast, Office, retail, multifamily/single family, daycare, group home, church, retail, gym, restaurant, office and more. Features: handrails, gutters, porch, fresh exterior paint and more. Structure is completely gutted and ready for a new designer to create the interior. Located near downtown, hwy, hospitals, event centers, Universities, parks, school, church, upcoming/new development and more. Possibly 10 bedrooms (5 on each side). Possible contract with 10% down/terms/conditions TBD. Some fire damage to roof.

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Commercial Active

Price

$ 89,900

Property Type

Commercial

Taxes

$ 1,854

Style

Mixed Use

Lot Size

0.08

Year Built

1910

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22075557
Features
General
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Closing
Zoning C-4
Year Built 1910
Stories Count 2
Township Center
Property Subtype Mixed Use
Tax Year 2024
Current Use See Remarks
County Marion
New Construction N
Property Type Commercial Sale
Possible Use Comm Mul Ten Comm Sgl Ten Residential See Remarks
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 3485
Current Financing Cash Only
Standard Status Active
Tax Lot 1
Legal Description Kinsleys Sub Burtons N Indpls Ex 43' W Endl1 B 39 Strip E Of & Adj L1 B 39
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Exterior
Fencing Chain Link Fence Complete
Building Area Total 3888
Lot Size Acres 0.08
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type City Street
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* Excluded Features
List By
Owens Realty

Broker

barbowens@owensrealtyllc.net

Email

Affordability Calculator

$775
Per Month
80%
20%
0%
Monthly Principal & Interest
$621
Monthly Property Taxes
$155
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/22/2026$89,900 -10.01% Price Down
12/2/2025$99,900 Listed Price

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2840 Doctor M.L.K. Jr Street, Indianapolis, IN, 46208 is a Commercial Property for sale at $89,900 with 3,888 sqft and a lot size of 0.08. 2840 Doctor M.L.K. Jr Street was built in 1910. The property's zip code is 46208 which is in Indianapolis, IN

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