Active

5819 E Washington Street

Indianapolis IN, 46219

$1,200,000


$117.72 per sqft

Active

10,194 sqft

Commercial

Built in 1924

Courtesy of United Real Estate Indpls, Doug Dilling Listing Contact: [email protected] 

Amazing and rare opportunity to purchase cashflow-positive property in Historic Irvington. The property has several mature trees and nice yard. This 14 unit has been well maintained. Electricity for each unit is in tenants' name and each unit includes an electric range. The heat is a gas central boiler that is proactively maintained. The current owner has an on-site custodian who helps maintain public spaces and garbage, etc. The current owner has replaced one commercial washer & dryer, commercial water heater, and addressed plumbing issues throughout. Sewer was repaired prior to their purchase.

22023319

MLS ID

February 21, 2025

Listed

February 22, 2025

Updated

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Gas

Exterior/Building Features

Lot Size

0.19 Acres

School Information

School District

Indianapolis Public Schools

Other Property Details

Area Name

4905 - Marion - Warren


Days on Market

1


Garage

No


Parking

Street Only


View

No


County

Marion


Municipality

Warren


Pool

No


Utilities

Cable Available, Electricity Connected, Gas, Water Connected


Zoning

COMM - APT 4 - 19 UNITS-4

Courtesy of United Real Estate Indpls, Doug Dilling,
Listing Contact: [email protected] 

IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on the information submitted to the Broker Listing Cooperative listing service as of 2/22/2025, 11:16 PM UTC. All information believed to be reliable but not guaranteed and should be independently verified. Supplied Open House Information is subject to change without notice. All properties are subject to prior sale, change, or withdrawal. Properties may or may not be listed by the office/agent presenting the information. Neither listing broker(s), nor Metropolitan Indianapolis Board of REALTORS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. 

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Data last updated 11:16 PM UTC, 2/22/2025

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