Homes for sale - 1505 S East ST, Indianapolis, IN 46225

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Denise Wilson

denisewilsonrealtor@gmail.com +1(317) 339-9205

Listed by Nathaniel Wozniak • Berkshire Hathaway Home

$ 899,900

Est. payment | -/mo

9,200 SqFt

Save

$ 899,900

Est. payment | -/mo

Save

9,200 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 9,200 sqft

Price per Sqft $97

MLS Listing ID 22006941

Year Built 1900

Tax Year 2024

Lot Size 0.600 Acres

Acres 0.6

Property Sub-Type Multi-Family 5+

Property Description

Prime Property with Multi-family potential, ideally situated in the vibrant Bates-Hendricks neighborhood on the south side of Indianapolis. Located less than 1 mile from Eli Lilly & Co. Corporate Campus and the thriving Fountain Square district, the property offers easy access to major interstates (I-65 & I-70) and thruways, ensuring convenient travel to any Indianapolis destination. This expansive 9,200 square-foot structure sits on a large corner lot with 173 feet of frontage along East Street. Currently zoned C-1. Features four garage bays and a dedicated parking lot with over 10 spaces for added convenience. The floor plan consists of four combined structures plus attached garages. With limitless potential, this asset is ideal for residential redevelopment, lighter commercial office-type uses, or even mixed-use projects. The combination of a prime location, visibility, and accessibility makes this property a standout investment opportunity in one of the city's most dynamic areas.

Location

State IN

County Marion

Zoning C-1

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Exterior

Exterior Feature Exterior Handicap Accessible

Garage Spaces 4.0

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Flat,Membrane,Rubber,Shingle

Building

Story 2

New Construction false

Schools

School District Indianapolis Public Schools

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Denise Wilson

REALTOR® | Lic# RB14030234

denisewilsonrealtor@gmail.com

+1(317) 339-9205

8310 Allison Point Blvd Suite 201, Indianapolis, IN, 46250, USA

1505 S East ST Indianapolis, IN 46225

Denise Wilson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

1505 S East ST