3750 Meridian StIndianapolis, IN 46217

This fully-entitled 3.44-acre site in Indianapolis, Indiana (APN 5001560), is zoned D7, SU-34 and offers a prime opportunity for multifamily development. Plans are approved for a 56-unit, three-story walk-up building featuring a mix of studio, one-, and two-bedroom units, each with in-unit laundry and (where applicable) patios/balconies. Amenities include a dog park, pickleball court, flexible community room, covered parking, and electric vehicle charging stations. The property enjoys a convenient location less than 15 minutes from downtown Indianapolis and just over a mile from Interstate 465, with nearby retail and substantial employment opportunities. Its location within both an Opportunity Zone (18097380200) and a Qualified Census Tract (3802) provides significant tax and development benefits. The address is 3750 S Meridian St, Indianapolis, IN 46217, in Marion County. The site is fee simple ownership. Efficiently designed floor plans and a generally level site contribute to the project's viability. This is a rare opportunity to develop a high-demand multifamily project in a thriving location with substantial added incentives.