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5819 E Washington St 14 Unit Apartment Building $1,301,224 CAD ($92,945 CAD/Unit) Indianapolis, IN 46219
Executive Summary
Irvington Studio is located in the heart of Irvington, one of
Indianapolis’ most established east-side neighborhoods. The
property comprises approximately 10,149 square feet situated on a
±0.25-acre site.
The asset consists of 14 total units, including thirteen (13) studio
apartments and one (1) one-bedroom unit, offering an efficient and
in-demand unit mix well suited to the submarket. Additionally, there
is limited comparable supply of similarly sized multifamily
properties within Irvington, supporting long-term demand.
The location provides convenient access to local retail, dining, and
neighborhood amenities, along with close proximity to Downtown
Indianapolis and major employment centers.
Indianapolis’ most established east-side neighborhoods. The
property comprises approximately 10,149 square feet situated on a
±0.25-acre site.
The asset consists of 14 total units, including thirteen (13) studio
apartments and one (1) one-bedroom unit, offering an efficient and
in-demand unit mix well suited to the submarket. Additionally, there
is limited comparable supply of similarly sized multifamily
properties within Irvington, supporting long-term demand.
The location provides convenient access to local retail, dining, and
neighborhood amenities, along with close proximity to Downtown
Indianapolis and major employment centers.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,301,224 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $92,945 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| No. Units | 14 | Building Size | 10,000 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1924 |
| Zoning | ZO01 - Commerical | ||
| Price | $1,301,224 CAD |
| Price Per Unit | $92,945 CAD |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 10,000 SF |
| No. Stories | 3 |
| Year Built | 1924 |
| Zoning | ZO01 - Commerical |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 14 | - | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 49-10-03-206-003.000-701 | Improvements Assessment | $795,847 CAD |
| Land Assessment | $16,298 CAD | Total Assessment | $812,146 CAD |
Property Taxes
Parcel Number
49-10-03-206-003.000-701
Land Assessment
$16,298 CAD
Improvements Assessment
$795,847 CAD
Total Assessment
$812,146 CAD
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5819 E Washington St
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