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This solidly built Brick apartment building is a cash cow waiting for revitalization. A once 11 unit building last remodeled to a 7 unit apartment building. The units are currently framed out as 4 units with 3 beds plus 2 baths - & -2 units with one bedroom and 1 bath. One unit has 2 bedrooms and 2 bathrooms with a private covered Lanai. There is ample parking for up to 12 units. Both ends of the building are/could be ADA compliant. The apartment complex adjacent to to the East - Kingston Square advertises 1/1's at $979+ per month. 2/1.5's at $1499 per month. With the current 7 units finished out the gross rents could be north of $10,000mo. Frame it back out to 11 units and the gross rents would be minimum $13,500mo.

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Listed by Cathy O'Banion of United Real Estate Indpls (obanion.cathy@gmail.com)

Listing Sold by United Real Estate Indpls

 Based on information submitted to MIBOR as of June 13, 2026 8:05 AM EDT . All data is obtained from various sources and has not been, and will not be, verified by broker or MIBOR.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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