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
Listed by Virender Kumar • United Real Estate Indpls

$340,000

Est. payment /mo

$449,000

24.3%
Est.Price: ?

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501 E Markwood AVE Indianapolis, IN 46227

2 Beds

4 Baths

4,411 SqFt

SOLD DATE : 11/05/2026

Key Details

Sold Price $340,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 4,411 sqft

Price per Sqft $77

Subdivision Homedell

MLS Listing ID 22107644

Sold Date 11/05/26

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

Heating Forced Air

Cooling Central Air

Flooring Hardwood

Fireplaces Number 1

Fireplaces Type Living Room, Wood Burning

Fireplace Y

Appliance Dishwasher, Refrigerator

Exterior

Water Access Desc Public

Building

Story Two

Foundation Block, Crawl Space

Water Public

Architectural Style Traditional

Structure Type Cedar

New Construction false

Schools

School District Perry Township Schools

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Nearby Locations

Brooke Broady

Brooke Broady

Broker License ID: 19000551

+1(317) 987-5114

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