1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
SEE ALL PHOTOS
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
1515 E Michigan Street
For Sale

1515 E Michigan Street

1515 E Michigan Street, Indianapolis, IN 46201

$419,000
A profitable investment with long-term, valued tenants. This 5-unit multi-family property is 2 miles east from downtown Indianapolis, 2 miles north of Fountain Square, north or Arsenal Heights and Holy Cross. Many updates have been completed. Including but not limited to a new roof, new siding in some areas, new gutters, new soffits, replaced plumbing to the street, replaced gas lines and a new electrical panel. The front building holds 4 units. The garage was converted into a unit. There are many newly developed residential and commercial properties nearby. The property is 100% occupied. The new owners would have to honor and respect the leases. Tours are scheduled in advance and all tours must show proof of funds prior to touring the property. All tenants are current with their rents and are exceptional tenants. A breakdown of financials and leases are available to buyers who have submitted proof of funds or financing.

6,534 Sq.Ft. LIVING AREA

6,534 Sq.Ft. lot

Features & Amenities

Area & Lot

  • Status For Sale
  • Living Area6,534 Sq.Ft.
  • Lot Area6,534 Sq.Ft.
  • MLS® ID21966692
  • TypeMulti-Family
  • YEAR BUILT1910
  • Elementary SchoolTheodore Potter School 74
  • Middle SchoolH L Harshman Middle School
  • High SchoolArsenal Technical High School
  • School DistrictIndianapolis Public Schools

Exterior

  • STORIES2

Financial

  • Sales Price$419,000

Work With Cara

Cara holds esteemed certifications as a negotiation expert and a Luxury Home Marketing Specialist, showcasing her mastery in the art of deal-making and her profound understanding of the high-end property market. With a strategic approach, she harnesses the power of cutting-edge digital technology, employing an array of sophisticated tactics in real estate sales and marketing. This enables her to effectively showcase properties, engage potential buyers, and secure optimal outcomes in the dynamic real estate landscape.