501 E Markwood AVE, Indianapolis, IN 46227
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501 E Markwood AVE, Indianapolis, IN 46227
501 E Markwood AVE, Indianapolis, IN 46227
501 E Markwood AVE, Indianapolis, IN 46227
501 E Markwood AVE, Indianapolis, IN 46227
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Brooke Broady

Brooke Broady

+1(317) 987-5114
Listed by Virender Kumar • United Real Estate Indpls
$ 449,000
Est. payment /mo
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501 E Markwood AVE Indianapolis, IN 46227

2 Beds

4 Baths

4,411 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,411 sqft

Price per Sqft $101

Subdivision Homedell

MLS Listing ID 22107644

Bedrooms 2

Full Baths 4

HOA Y/N No

Year Built 1936

Tax Year 2024

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Single Family Residence

Property Description

Property Highlights: Asking Price: $449,000 Location: 501 E. Markwood Ave, Indianapolis, IN Commercial Zoning with redevelopment and mixed-use potential Income-producing apartment building 12 asphalt parking spaces providing ample on-site parking for tenants and visitors Convenient access to major highways, downtown Indianapolis, shopping, restaurants, and public transportation Strong opportunity for investors seeking stable cash flow and long-term appreciation This property is ideal for investors looking to add a versatile, income-generating asset to their portfolio while benefiting from the flexibility of commercial zoning and generous on-site parking. Don't miss this opportunity to invest in one of Indianapolis' growing neighborhoods.

Location

State IN

County Marion

Rooms

Main Level Bedrooms 1

Interior

Interior Features Hardwood Floors

Heating Forced Air

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Living Room, Wood Burning

Fireplace Y

Appliance Dishwasher, Refrigerator

Building

Story Two

Foundation Block, Crawl Space

Water Public

Architectural Style Traditional

Structure Type Cedar

New Construction false

Schools

School District Perry Township Schools

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

Brooke Broady

+1(317) 987-5114

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501 E Markwood AVE