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.
Listing courtesy of Joseph Wootan from Listwithfreedom.com
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative