1704 N Pennsylvania Street

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Address: 1704 N Pennsylvania St, Indianapolis, IN 46202, USA
Chicago & Midwest + 2-4 Units
Created date: August 6, 2026
Date last updated: September 17, 2026
Price: $1,395,000Investment Analyzer NEW!

Property Description

The Allen Apartments - A Rare Historic Investment Opportunity in Herron-Morton An exceptional opportunity to acquire a landmark multifamily property in one of Indianapolis' most desirable historic neighborhoods. Known as The Allen Apartments, this impressive three-unit residence offers historic character, timeless architecture, and outstanding long-term investment potential. Each spacious apartment providing immediate income while offering significant opportunity for future rental growth through thoughtful modernization. Built in 1913 by Mathilda Allen, former residence of JK Lilly Jr and other early noteworthy pharmaceutical pioneers. Seller is retiring, prefers a clean deal and no contingencies.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $1,395,000
No. of Units: 3
Year Built: 1913
Opportunity Zone: No
Price per unit: $465,000
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 1704 N Pennsylvania Street, Indianapolis, IN 46202, USA
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