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501 East Markwood Avenue
Indianapolis, IN 46227
Asking Price
$449K
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
<p>An excellent investment opportunity to acquire an <strong>apartment building</strong> in Indianapolis with the added advantage of <strong>commercial zoning</strong>, offering exceptional flexibility for investors and developers. This property presents strong potential for rental income, redevelopment, or a mixed-use concept, subject to local approvals.</p><p><strong>Property Highlights:</strong></p><ul><li><strong>Price:</strong> $449,000</li><li><strong>Location:</strong> 501 E. Markwood A
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NOI
$80,000
Cap Rate
17.82%
DSCR
3.00
Strong
Cash-on-Cash
39.60%
Monthly Payment
$2,221.407
Annual Cash Flow
$53,343.116
