$725,000
Seeing triple with this blue-chip Chatham Arch Triplex! This income-producing property is in pristine condition and ready to be added to your portfolio. The location doesn't get much better, with easy access to all things Massachusetts Avenue and Bottleworks. These units are well updated and well maintained, equipped with hardwood floors, large windows, and preserved historic qualities that really make the property shine. Parking for tenants behind the property is a plus, and street parking is easy. First-floor unit is rented for $1,760 per month; the lease expires on 8/31/2026. Second-floor unit is rented for $1,550 per month; the lease expires on 4/30/2026. Third-floor unit is rented for $1,230 per month; the lease expires on 8/31/2026. Tenants pay all utilities except water. This one is a no-brainer!
Go east on 16th Street from North Meridian St to Central Avenue. Go south on Central to 11th St and east to 520 on the north side of the street in Chatham-Arch.
| MLS # | 22059184 |
|---|---|
| Date Listed | 2025-08-28 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | Triplex |
| New Construction | No |
| Type | Triplex |
| Year Taxes Payable | 2024 |
| Year Built | 1900 |
| Days on Market | 100 |
| Construction | Triplex |
|---|---|
| Lot Size | 4,225 sq ft |
| Acreage | 0.10 Acres |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | Ovid Butlers |
| Township | Center |
| City | Indianapolis |
| State | IN |
| Zip | 46202 |
| School District | Indianapolis Public Schools |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22059184
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Joe Everhart
Everhart Studio, Ltd.
joe@everhartlistings.com
Listing updated October 9, 2025 at 5:55 pm
Last checked 11 minutes ago