$375,000
$425,000
11.8%For more information regarding the value of a property, please contact us for a free consultation.
3725 N Sherman DR Indianapolis, IN 46218
0.4 Acres Lot
Key Details
Sold Price $375,000
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Subdivision Forest Manor
MLS Listing ID 21685708
Sold Date 08/13/20
Year Built 1953
Tax Year 2018
Lot Size 0.402 Acres
Acres 0.4021
Property Sub-Type Multi-Family 5+
Property Description
Check out this awesome investment opportunity minutes from Downtown! This building features 8 apartment units that are fully occupied! There are 4 1 bed 1 bath units and 4 2 bed 1 bath units. Each unit also includes a dinning room and living room in each unit. The building receives $7000 a month in rental income with all units on section 8 contracts. Add to your investment portfolio today!
Location
State IN
County Marion
Zoning C1D5
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Building
Story Two
Architectural Style Other
Structure Type Brick
New Construction false
Schools
School District Indianapolis Public Schools
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.