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2325 Shelby Street Indianapolis, IN $ 1,125,000
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$ 1,125,000 Get more info
2325 Shelby Street
$ 1,125,000
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2325 Shelby Street

Indianapolis, IN, 46203
$ 1,125,000
Bedrooms-- Baths-- Sq 9,720

Monthly Estimate*

$ 7,770

2325 Shelby Street, Indianapolis, IN 46203 - Image 1
2325 Shelby Street, Indianapolis, IN 46203 - Image 2

Commercial Property for sale in Indianapolis, IN

for $1,125,000. This 9,720 square foot building was built in 1940 on a lot size of 0.29.

Building offers 12 studio apartment units located near Fountain Square and just minutes from downtown Indy. Adjacent to the building is a paved parking lot allowing for 8 vehicles and has additional street parking. Tenants currently have month to month leases and rent includes water/heat. Owner is selling 2 parcels together and does not want to separate. Please see MIBOR website for listing ID's #22078961 & #22078931.

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Commercial Active

Price

$ 1,125,000

Property Type

Commercial

Taxes

$ 3,832

Style

Multi Family

Lot Size

0.29

Year Built

1940

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22078931
Features
General
Utilities Cable Available Electricity Connected Natural Gas Connected Water Connected
Possession Negotiable
Zoning C3
Year Built 1940
Tenant Pays Electricity
Township Center
Levels Two
Property Subtype Multi Family
Tax Year 2024
Current Use Residential
Building Name DOWNEYS SOUTHEAST
County Marion
New Construction N
Property Type Commercial Sale
Possible Use Residential
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 12
MLS Area 4910 - Marion - Center
Lot Size Square Feet 12632
Structure Type Apartment Building
Standard Status Active
Tax Lot 137 138 139
Legal Description Downeys 3rd Southeast Add L137 & L138 Also A8ft Sside L139
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Exterior
Parking Features Alley Access
Building Area Total 9720
Lot Size Acres 0.29
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* Excluded Features
List By
My Agent

Broker

realtybyTammyD@gmail.com

Email

Affordability Calculator

$8,089
Per Month
96%
4%
0%
Monthly Principal & Interest
$7,770
Monthly Property Taxes
$319
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
1/8/2026$1,125,000 Listed Price

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2325 Shelby Street, Indianapolis, IN, 46203 is a Commercial Property for sale at $1,125,000 with 9,720 sqft and a lot size of 0.29. 2325 Shelby Street was built in 1940. The property's zip code is 46203 which is in Indianapolis, IN

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