Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 2-bedroom, 4-bathroom single family at 501 E Markwood Avenue in Indianapolis, IN is listed for $449,000 ($114 per sqft). Built in 1936, the home offers 3,949 sqft of living space on a 0.26 acres lot.
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, restaura
nts, 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.
Key Features
- Built in 1936
- 0.26 acre lot
- 2 stories
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$2,401/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
501 E Markwood Avenue
Indianapolis, IN 46227
Homedell
Features & Amenities
Interior Features
Property Details
Construction
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 4-bathroom single family at 501 E Markwood Avenue is listed at $449,000 ($114/sqft). The estimated monthly payment is $1,946 based on 20% down at 6.5% interest.
Key features include: Built in 1936, 0.26 acre lot, 2 stories, Fireplace. Interior Features: Hardwood Floors.
This property is listed by Virender Kumar and can be reached at (317) 255-7285 or tomvicky69@gmail.com.


