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1704 N Pennsylvania Street Indianapolis, IN $ 1,395,000
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1704 N Pennsylvania Street
$ 1,395,000
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Share Save

1704 N Pennsylvania Street

Indianapolis, IN, 46202
$ 1,395,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 9,635

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Multi-Family Home for sale in Indianapolis, IN

for $1,395,000. This home was built in 1913 on a lot size of 0.11.

The Allen Apartments - A Rare Historic Investment Opportunity in Herron-Morton An exceptional opportunity to acquire a landmark multifamily property in one of Indianapolis' most desirable historic neighborhoods. Known as The Allen Apartments, this impressive three-unit residence offers historic character, timeless architecture, and outstanding long-term investment potential. Each spacious apartment providing immediate income while offering significant opportunity for future rental growth through thoughtful modernization. Built in 1913 by Mathilda Allen, former residence of JK Lilly Jr and other early noteworthy pharmaceutical pioneers. Seller is retiring, prefers a clean deal and no contingencies.

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Multi-Family Active

Price

$ 1,395,000

Property Type

Multi-Family

Taxes

$ 7,350

Style

Apartment Building

Lot Size

0.11

Year Built

1913

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22118268
Features
General
Heating Natural Gas Hot Water
Cooling Window Unit(s)
Possession Closing
Roof Composition
Construction Materials Brick Stucco
Year Built 1913
Township Center
Property Subtype Triplex
Tax Year 2025
Current Use Comm Mul Ten
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Eliz Talbotts
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 3
MLS Area 4910 - Marion - Center
Lot Size Square Feet 4800
Current Financing Cash Only
Structure Type Apartment Building
Standard Status Active
Tax Lot 0
Legal Description Eliz Talbotts Revised Sub L10
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Exterior
Lot Size Acres 0.11
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* Excluded Features
List By
Listwithfreedom.Com

Broker

jwootan@listwithfreedom.com

Email

Affordability Calculator

$10,247
Per Month
94%
6%
0%
Monthly Principal & Interest
$9,635
Monthly Property Taxes
$613
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
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Pricing History
DatePricePrice ChangeDescription
8/5/2026$1,395,000 Listed Price

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1704 N Pennsylvania Street, Indianapolis, IN, 46202 is a Multi-Family Home for sale at $1,395,000 with a lot size of 0.11. 1704 N Pennsylvania Street has 0.0 baths and was built in 1913. The property's zip code is 46202 which is in Indianapolis, IN

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