$3,146 Closing Credit¹
#21989967, Charlene Gaard, Listing Office: No Limit Real Estate, LLC
$10,000
closing credit¹
3505 N Pennsylvania St Indianapolis, IN 46205
$1,150,000 List price
$10,000
Closing credit¹
0.7 acres
Multi-Family
Property details
About 3505 N Pennsylvania St
Discover a prime investment opportunity in the heart of downtown! This exceptional 10-unit brick apartment complex, comprised of two five-unit buildings, offers unparalleled access to the city's vibrant atmosphere. Situated with close access to major highways, providing easy access to surrounding areas and major attractions. Located within 10mins to major sporting events, ensuring a steady stream of potential tenants. With 10 units, this property offers a stable income stream and potential for future appreciation. This property boasts steady tenants and is investor-friendly. Don't miss out on this incredible opportunity to own a thriving downtown brick apartment complex.
Highlights
Home typeQuadruplex
StatusActive
BasementYes
Lot size0.68 Acres
Year built1920
MLS #22013587
Summary
- MLS Number: 22013587
- MLS Name: MIBOR
- Office Name: My Agent
- Office Email: niabush26@gmail.com
- Listing Agent: Nicholas Bush
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. 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 information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 7:16:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,150,000
3505 N Pennsylvania St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 06, 2018 | Home Sold | $470,000 |
| Jul 11, 2018 | Home Sold | $396,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $729,000 | $17,291 |
| 2022 | $401,000 | $9,467 |
| 2021 | $367,500 | $8,510 |
| 2020 | $367,500 | $8,736 |
| 2019 | $359,100 | $7,851 |
| 2018 | $319,100 | $6,819 |
| 2017 | $309,900 | $6,486 |
History based on county public records data.
Nearby schools
4
Louis B Russell Jr School 48
Public Charter KG-6
0.2 mi
•3445 Central Ave
3
Kipp Indy Unite Elementary School
Public Charter KG-5
1.4 mi
•1740 E 30th St
1
Tindley Genesis Academy
Public Charter KG-6
2.2 mi
•4020 Meadows Pkwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,500. Most Indianapolis, IN residents have annual incomes less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
60%
<35k
30%
35k-100k
10%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
64%
Single, No Kids
13%
Single, with Kids
14%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
6%
12-17 yrs old
21%
18-34 yrs old
42%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Horse Races
Pro Boxing
Where do the neighbors shop?
Sam's Club
Stein Mart
Family Dollar
Where do the neighbors go to eat?
White Castle
LongHorn Steakhouse
Golden Corral
What do the neighbors drive?
Oldsmobile
Buick
Chevrolet
What do the neighbors listen to?
Rock
Contemporary Inspirational
Adult Standards
All data provided by Home Junction and Claritas
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This home is located at 3505 N Pennsylvania St in Indianapolis, IN and zip code 46205 in the Mapleton / Fall Creek neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 3, 2024 and is currently priced at $1,150,000.
While more than 100 listings in Indianapolis, IN in January 2025 were sold above asking price, there were more than 147 listings sold at asking price, and more than 354 were sold below. In January 2025 in Indianapolis, IN there were 2.2% less homes for sale than in December. While the average time on the market in January 2025 was 48 days, the median list price was $249,950.
From Rocket Homes Real Estate and based on county public records data.