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$425,000 -

19-21 Hendricks Place Indianapolis IN 46201

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.1
Acres

Fantastic income generating property with amazing CASH FLOW: 7 studio/efficiency units. One side (#19) has 4 units & the other side (21) has 3 units. All units recently renovated & upfit for selling/renting. Potential to receive $7,600 total in rent each month. Each unit has kitchen, bedroom, closet & bath. Huge unused attic space with tons of potential (possibly 2 additional units). Parking in the back or on street. Owner pays all utilities (gas, water & electric). Zoned D8. Tenant's rights apply. Must have 48-hour advanced notice for showings. CAP rate 10.64%

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Property Details

Price: $425,000 Previously: $425,000 Originally: $425,000 Bathrooms: 0.00 MLS #: 22017073 Year Built: 1890 Township: Center NW Sq. Ft Total: 2,314 Type: Commercial Sale Zip Code: 46201 City: Indianapolis Subdivision: Empty County: Marion School District: Indianapolis Public Schools High School: Arsenal Technical High School

Interior Features

Interior Features:
  • Cooling: Wall Unit(s)
  • Heating: Forced Air, Gas

Exterior Features

Exterior Features:
  • Setting / Lot Description: Access, Busline, Corner Lot, Curbs, Sidewalks, Street Lights
  • # Acres: 0.10

Listing Office: Century 21 Scheetz

Office Contact: mharris@c21scheetz.com

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on April 3rd, 2025 at 9:32am EDT.

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