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Listed price in listed location currency (USD).
$1,555,000

000

MLS® 22067612

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 225
Lot Size 
Approx. Age 
MLS® Number 22067612

Property Address: 2101 N Pennsylvania St, Indianapolis, IN, 46202-1586

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a landmark multifamily asset in the heart of Herron-Morton. This stately all-brick six-unit building offers over 13, 500 square feet of historic character, scale, and long-term investment potential in one of Indianapolis' most sought-after neighborhoods. Each residence features an expansive 3-bedroom floorplan of approximately 2, 000 square feet - a rare offering in today's rental market that appeals to residents seeking the feel of a private home within an urban lifestyle setting. The property is fully occupied with rents currently below prevailing market levels, creating meaningful future income upside through natural turnover and strategic rental repositioning. Recent improvements have enhanced operational stability while preserving the timeless architectural character that makes properties of this scale increasingly difficult to replicate. Located just minutes from downtown, major hospitals, dining, and the thriving 16th Street corridor, the property benefits from strong long-term demand drivers and exceptional neighborhood appeal. The lower level offers substantial additional space for storage, amenity, workspace, or other potential future uses subject to buyer verification and approvals. This is a rare chance to acquire a true legacy asset in one of Indianapolis' premier historic neighborhoods.
MLS® Number22067612
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 10, 2025List Date
$1,555,000List Price
Sep 20, 2024End Date
$1,510Sold Price

Leased

Jul 26, 2024List Date
$1,510List Price
  • Commute

Commute

Starting Address
Destination Address
2101 N Pennsylvania St, Indianapolis, IN

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