3018 West 16th Street

Indianapolis IN 46222

2080 sq. ft.

6750 sq. ft.

Single-Family

Last sold for $125,000

Jennifer Mattos, last sold this property on 31 March 2026 after 19 days on market.

Overview

Well-established cell phone and pager business with 30 years of operation. The sale includes all business equipment and inventory featuring four display cases, glass counters, and all phone merchandise. Multiple desks and chairs, storage cabinets, shelving, and interior floor mats. All exterior signage is included. This versatile commercial property in a high-visibility location near Speedway with flexible-use potential. Space can be adapted for a variety of business uses. All existing fixtures and equipment will convey or be removed at closing. Full bathroom on the main floor and a half bathroom in the basement. Basement generates immediate income with a long-term tenant in place at $850/month, with potential for future rent growth. NEW Roof in 2023. Rear parking for up to 12 vehicles and strong street presence. Ideal for investors or owner-users seeking space in a well-located area. This property is zoned C-5, land use residential as well.

Features

3 bedrooms

2 bathrooms

2080 sq. ft. floor area

6750 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Indianapolis over the last 12 months, the estimated median property value of 3018 West 16th Street is $167k.

Median value

$167k

Estimated value range

$36k - $340k

Median days on market

Estimated value trend

-2%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3018 West 16th Street

2026

Sold

$125,000

31 Mar 2026 by Jennifer Mattos, of Garnet Group

Happy sellers in Indianapolis

We have insufficient information to provide an overview of customer satisfaction for Indianapolis. Viewing the agent profiles, reviews and sales for Indianapolis can provide insights for this location.