3939 S Keystone Avenue Indianapolis, IN $ 650,000
3939 S Keystone Avenue
$ 650,000
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3939 S Keystone Avenue

Indianapolis, IN, 46227
$ 650,000
Bedrooms-- Baths-- Sq 15,400

Monthly Estimate*

$ 4,489

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Commercial Property for sale in Indianapolis, IN

for $650,000. This 15,400 square foot building was built in 1999 on a lot size of 0.73.

Positioned on the south side of Indianapolis, this self-storage facility presents a compelling value-add opportunity for investors seeking strong upside potential. The property features a total of 84 units, including 70 spacious 10x20 units and 14 versatile 10x10 units, catering to a wide range of tenant needs. The site is secured with gated access, offering tenants peace of mind and supporting consistent occupancy. An on-site office provides operational functionality while maintaining a low management footprint. With solid fundamentals already in place, this asset offers an excellent opportunity for investors to enhance performance through strategic improvements and management optimization. Ideal for both experienced operators and those looking to expand their portfolio in a growing market.

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Commercial Active

Price

$ 650,000

Property Type

Commercial

Taxes

$ 4,718

Style

Warehouse

Lot Size

0.73

Year Built

1999

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22095965

Features
General
Utilities Electricity Connected
Possession Closing
Roof Asphalt
Zoning C4
Year Built 1999
Township Perry
Property Subtype Warehouse
Tax Year 2024
Current Use See Remarks
Building Name Nick's Self Storage
County Marion
New Construction N
Property Type Commercial Sale
Possible Use See Remarks
Status Active
Directions GPS Friendly
City Indianapolis
High School District Perry Township Schools
MLS Area 4907 - Marion - Perry
Lot Size Square Feet 31581
Additional Parcels Y/N N
Virtual Tour https://homestead-media-indy.aryeo.com/sites/enqowvzx/unbranded
Standard Status Active
Tax Lot 0
Legal Description Pt Sw1/4 Sw1/4 S29 T15 R4 Comm Sw Cor 29-15-4 E 335.7' To P.O.B. N 205.97' Nw 62.94' N 20' E 148.45' S 264.97' W 108.45' To Beg 0.725 Ac. ( 0.613 Ac. Taxable )
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Exterior
Fencing Chain Link Fence Complete Gate
Building Area Total 15400
Lot Size Acres 0.73
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type City Street
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* Excluded Features
List By
Ever Real Estate, Llc

Broker

jim.perry@everrealestate.com

Email

Affordability Calculator

$4,883
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,489
Monthly Property Taxes
$393
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
4044910 Elementary School
4044906 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/21/2026$650,000 Listed Price

Map


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3939 S Keystone Avenue, Indianapolis, IN, 46227 is a Commercial Property for sale at $650,000 with 15,400 sqft and a lot size of 0.73. 3939 S Keystone Avenue was built in 1999. The property's zip code is 46227 which is in Indianapolis, IN