Indianapolis, IN 46225,1505 S East ST
Indianapolis, IN 46225,1505 S East ST
Indianapolis, IN 46225,1505 S East ST
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Jake Stiles, CLHMS

Jake Stiles, CLHMS

+1(317) 201-4092
Listed by Nathaniel Wozniak • Berkshire Hathaway Home
$899,900
Est. payment /mo
9,200 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 9,200 sqft

Price per Sqft $97

MLS Listing ID 22006941

Year Built 1900

Tax Year 2024

Lot Size 0.600 Acres

Acres 0.6

Property Sub-Type Multi-Family 5+

Property Description

Prime Property with Multi-family potential, ideally situated in the vibrant Bates-Hendricks neighborhood on the south side of Indianapolis. Located less than 1 mile from Eli Lilly & Co. Corporate Campus and the thriving Fountain Square district, the property offers easy access to major interstates (I-65 & I-70) and thruways, ensuring convenient travel to any Indianapolis destination. This expansive 9,200 square-foot structure sits on a large corner lot with 173 feet of frontage along East Street. Currently zoned C-1. Features four garage bays and a dedicated parking lot with over 10 spaces for added convenience. The floor plan consists of four combined structures plus attached garages. With limitless potential, this asset is ideal for residential redevelopment, lighter commercial office-type uses, or even mixed-use projects. The combination of a prime location, visibility, and accessibility makes this property a standout investment opportunity in one of the city's most dynamic areas.

Location

State IN

County Marion

Zoning C-1

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Exterior

Exterior Feature Exterior Handicap Accessible

Garage Spaces 4.0

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Flat,Membrane,Rubber,Shingle

Building

Story 2

New Construction false

Schools

School District Indianapolis Public Schools

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MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 8

    Paramount School of Excellence

    Public | KG - 8

  • 6

    Center For Inquiry School 2

    Public | KG - 8

  • 5

    Christel House Academy South

    Public | KG - 12

  • 4

    Theodore Potter School 74

    Public | KG - 6

  • 4

    Frederick Douglass School 19

    Public | PK - 8

  • 3

    William Penn School 49

    Public | KG - 6

  • 3

    William Mckinley School 39

    Public | PK - 6

  • 3

    Raymond F Brandes School 65

    Public | PK - 6

  • 2

    Daniel Webster School 46

    Public | KG - 8

  • 2

    James a Garfield School 31

    Public | KG - 8

  • 2

    Thomas D. Gregg Elementary School 15

    Public | PK - 6

  • 1

    Se Neighborhood School of Excellence

    Public | KG - 7

  • 1

    Washington Irving School 14

    Public | PK - 6

  • 1

    Eleanor Skillen School 34

    Public | KG - 6

  • 1

    Brookside School 54

    Public | KG - 6

  • 0

    Key Learning Community Elementary School

    Public | KG - 5

  • 0

    St Roch Catholic School

    Private | PK - 8

  • 0

    Montessori Garden Academy

    Private | PK - 3

  • 0

    Center for Inquiry III

    Public | PK - 7

  • 0

    Central Catholic

    Private | PK - 8

Middle Schools 6
  • 1

    H L Harshman Middle School

    Public | 7 - 8

  • 0

    Key Learning Community Jr High School

    Public | 6 - 8

  • 0

    Crispus Attucks Med Mgnt Jr High School

    Public | 6 - 8

  • 0

    University Heights Preparatory Acd

    Public | 7 - 12

  • 0

    Longfellow Magnet Middle School

    Public | 7 - 8

  • 0

    Emma Donnan Middle School

    Public | 7 - 8

High Schools 9
  • 10

    Herron High School

    Public | 9 - 12

  • 5

    Crispus Attucks Medical Magnet High School

    Public | 9 - 12

  • 4

    Key Learning Community High School

    Public | 9 - 12

  • 1

    Indianapolis Metropolitan High School

    Public | 9 - 12

  • 1

    Arsenal Technical High School

    Public | 9 - 12

  • 0

    The Excel Center - Lafayette Sq

    Public | 9 - 12

  • 0

    Excel Center for Adult Learners

    Public | 9 - 12

  • 0

    Emmerich Manual High School

    Public | 9 - 12

  • 0

    Christel House Dors South

    Public | 9 - 12

School and business data provided by Attom Data.

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Jake Stiles, CLHMS

Jake Stiles, CLHMS

+1(317) 201-4092

Broker | RB14032222

Broker RB14032222

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Phone*

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1505 S East ST

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