134 W 30th Street, Indianapolis, IN 46208

$269,500

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List Price
$269,500
Price Change
▼ $30,000 1789003638
MLS#
21980591
Status
ACTIVE
Days on Market
842
Property Type
Land

Property Description

CITY APPROVED FOR 10 UNITS - D8 DEVELOPMENT OPPORTUNITY! Excellent multifamily infill opportunity near Downtown Indianapolis with city approval for a 10-unit residential development. Approximately 9,886 square feet of cleared land with D8 zoning. The site was previously comprised of three tax parcels, which the owner reports have now been consolidated into one parcel; tax records are expected to reflect the consolidation in January. Convenient location near Downtown, IU Health Methodist Hospital, Ivy Tech, Riverside Park and major transportation corridors. Former gas-station site with prior IDEM environmental clearance reported by seller. At the current asking price, land cost is approximately $22,990 per approved unit. Ideal opportunity for a multifamily builder or investor seeking an approved urban infill project. Buyer to verify approvals, zoning, parcel consolidation, utilities, environmental documentation and all development requirements.

Additional Information

Present Zoning
Commercial
Number of Lots
3
Land Characteristics
City, Corner
Topography
Cleared
Soil Type
Not Applic
Development Status
NoStatus
Facilities on Site
None
Facilities near Site
See Remarks
Water
Not Applic
Sewer
Not Applicable
Road Access
County Rd
Road Frontage
City Street
Road Surface
Asphalt
Acres
0.23
Water
Not Applic
Region
Center

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of No Limit Real Estate, LLC.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative