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740 E North St 5 Unit Apartment Building For Sale Indianapolis, IN 46202

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Executive Summary

Recently renovated property within steps of the Bottleworks District.
Investment or Owner Occupancy options
https://www.bottleworksdistrict.com

Property Facts

Sale Type	Investment	Lot Size	0.24 AC
No. Units	5	Building Size	13,307 SF
Property Type	Multifamily	No. Stories	3
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential	Year Built/Renovated	1898/2025
Apartment Style	Low-Rise	Parking Ratio	1.05/1,000 SF
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CBD-2

Sale Type	Investment
No. Units	5
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Apartment Style	Low-Rise
Building Class	B
Lot Size	0.24 AC
Building Size	13,307 SF
No. Stories	3
Year Built/Renovated	1898/2025
Parking Ratio	1.05/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CBD-2

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
3+2.5	5	-	2,172

1 1

Moderately walkable

60/100

Very drivable

80/100

Some public transit

40/100

Very bikeable

80/100

Source: Local Logic^®

Property Taxes

Parcel Numbers	Multiple 49-11-01-179-003.002-101 49-11-01-179-003.003-101	Improvements Assessment	$238,809 CAD
Land Assessment	$17,710 CAD	Total Assessment	$256,519 CAD