3620 Birchwood AVE new Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46205
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 2,472 sqft
Price per Sqft $208
MLS Listing ID 22045890
Year Built 1923
Tax Year 2024
Lot Size 4,791 Sqft
Property Sub-Type Multi-Family 5+
Property Description
Prime multifamily opportunity on Indy's near north side! 3620 Birchwood Avenue is a beautiful 6-unit multifamily property. The units have consistently remained in demand, making this a dependable income-producing asset. Each unit is a spacious 1 bedroom with separately metered electric and gas. Some units feature upgraded appliances and newer HVAC, and a recently installed industrial grade water heater services the entire building efficiently. The building is situated on a quiet, tree-lined street just minutes from downtown, Broad Ripple, and the fairgrounds. Out back, a single row parking lot in the alley provides convenient off-street parking for tenants. With a spacious basement offering potential to add value, this property presents an amazing opportunity for cash flow and long-term upside in an appreciating neighborhood.
Location
State IN
County Marion
Zoning D8
Exterior
Utilities Available Cable Available,Sep Electric Meter,Sep Gas Meter,See Remarks
Building
Story Two
New Construction false
Schools
School District Indianapolis Public Schools