2258 N Hawthorne Lane Indianapolis, IN
$ 349,900
Property Attributes
  • MLS#21789692
  • TypeCommercial
  • CountyMARION
  • CityIndianapolis
  • AreaWarren
  • NeighborhoodEMERSON GARDENS
  • Zip46218
  • StyleRanch
  • Year Built1968
  • Taxes$ 2152
  • Price$ 349,900
  • Bedrooms10
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage4080
  • Lot Size0.56 Acres
Listing Provided Courtesy Of:
Sathya Kattragadda with CENTURY 21 Scheetz
Data Source:
Mid-Indiana BOR / MIBOR Realtor Association
Property Description

Fantastic 5 unit income producing investment property for sale! Well maintained, all brick ranch. Each unit is a 2BR/1BA with hardwood floors, living room, eat-in kitchen, & all have laundry connections. Separately metered, & individual HVAC, water heaters. Tenants pay all utilities except trash. Exterior has been updated with new wood trim, new paint, new gutters with leaf guards, new windows, & many other interior upgrades. Over half acre lot, large parking lot for several cars. Close to bus line, highway access & mile from Community East Hospital. Great cash flow potential, section 8/housing choice voucher approved. Don't miss out on this great opportunity for seasoned & novice investors alike!

Price History
6/7/2021 Listed $349,900

General Features

Architectural Style Ranch
Construction Materials Brick
Contingency Act with no Contingency
Exterior Features Fence Partial
New Construction No
Property Attached Y/N Yes
Property SubType 5+Units Commercial
Property Type Residential Income
Standard Status Active
Structure Type Apartment Building
Subdivision Name EMERSON GARDENS
Total Units 5
Township Warren
Zoning D-8

Interior Features

Basement (Y/N) No
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit 5 Beds Total 2

Exterior Features

Foundation Details Crawl Space
Lot Size Acres 0.555
Road Frontage Type City Street
Road Surface Type Asphalt


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 46218

AVG $460K
AVG $4,381
AVG 49
Year Built
AVG 1980
AVG 33
Data Provided by Walkscore ® not using MLS data

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