- 1 Bedroom Bedrooms
- $1,249-$2,233 Pricing
- 697–788 Square Feet
About Penn Street Tower
Standing a block away from Indy's Monument Circle for over a century, Penn Street Tower offers an unbeatable location. Originally built as the "Lemcke Annex", the 15-story tower has housed many occupants over the years, but today features 98 high-end 1 & 2 bedroom apartments.
Penn Street Tower is located in the Circle City Neighborhood and 46204 Zip code of Indianapolis, IN. This community is professionally managed by Orloff Property Management, Inc
Unique Features and Amenities
- 24 Hour Maintenace
- Air Conditioning: Central
- Amazon lockers
- City View
- Community Room and Lounge
- Downtown Indianapolis views in most homes
- Dryer
- Electric
- Fitness Room Accessible 24 Hours a Day
- Free Starbucks Machine
- Granite countertops
- Indoor Bicycle Storage
- Kitchen has Stunning White Cabinetry
- Large loft-style windows
- Modern Appliances
- Modern tile backsplash
- Online Maintenance Portal
- Online Rent Payment
- On-site Management
- Party Room
- Resident Lounge
- Secure Storage Lockers
- Stainless steel appliances
- Views of the Monument Circle
- Vinyl
- Washer
- Washer & dryer included in most homes
- White Cabinetry
Property Contact Info
- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (844) 701-1260
- Disclaimer:
Office Hours
| Monday | By Appointment |
| Tuesday | By Appointment |
| Wednesday | By Appointment |
| Thursday | By Appointment |
| Friday | By Appointment |
| Saturday | Closed |
| Sunday | Closed |
Floorplan Pricing and Availability
Penn Street Tower offers 1 Bedroom apartments starting from $1,249 and having 697–788 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
ApartmentHomeLiving.com's new Interactive Property Map allows you to see where every available unit is located at this community.Try It Now >1 Bedroom
Wabash: Floors 02-07
From $1,249
1 Bed, 1 Bath, 788 sq ftAvailable NowModel Gallery
Floorplans
Photos
3D Tours
Availability Details
Price Availability Date Unit Sq Ft Deposit $1,249 Available Now 303 788 $200 Unit 303 Amenities and Features
Kitchen
- Dishwasher
- Microwave
- Range
- Refrigerator
Unit 303 Rent and Fees
Unit Price
- From $1,249
View Details and Rent EstimateDeposit
- $200 deposit
Unit Description
Standing one block east from Indy's Monument Circle for over a century, Penn Street Tower offers an unbeatable location with incredible views. Originally built as the "Lemcke Annex", the 15-story tower has housed many occupants over the years, but today features 98 high-end 1 & 2 bedroom apartments. Penn Street Tower shows off it’s historical architecture that pulls back the curtain on Indianapolis history while also having updated finishes including stainless steel appliances and granite countertops. Gainbridge Fieldhouse (home to the Indiana Pacers) and Lucas Oil Stadium (home to the Indianapolis Colts) are both less than one mile away. The building also offers a state of the art gym as well as a community room with full kitchen and television for residents to gather at.
Model Rent and Fees
Model Price Range
- $1,249 - $2,003
Apartment Model: Wabash: Floors 02-07From $1,2491 Bedroom, 1 Bath, 788 sq ftAvailable NowFloorplansPhotos3D Tours![]()
Wabash: Floors 02-07 - Image 1 ![]()
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Wabash: Floors 02-07 - Floorplan Wabash: Floors 02-07 - 3D Tour Apartment Unit: 303Apartment Model: Wabash: Floors 02-07From $1,2491 Bedroom, 1 Bath, 788 sq ftAvailable NowWabash: Floors 08-09
From $1,249
1 Bed, 1 Bath, 788 sq ftAvailable NowModel Gallery
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $1,269 Available Now 804 788 $200 $1,249 June 25, 2026 803 788 $200 Model Amenities and Features
Features
- Air Conditioning
- Cable Ready
- High Speed Internet Access
- Intercom
- Smoke Free
- Storage Space
- Trash Compactor
- Tub/Shower
- Washer/Dryer
- Wheelchair Accessible (Rooms)
- Wi-Fi
Kitchen
- Dishwasher
- Disposal
- Eat-in Kitchen
- Freezer
- Granite Countertops
- Island Kitchen
- Kitchen
- Microwave
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price Range
- $1,249 - $2,113
Deposit
- $200 deposit
Unit 804 Amenities and Features
Kitchen
- Dishwasher
- Microwave
- Range
- Refrigerator
Unit 804 Rent and Fees
Unit Price
- From $1,269
View Details and Rent EstimateDeposit
- $200 deposit
Unit Description
Standing one block east from Indy's Monument Circle for over a century, Penn Street Tower offers an unbeatable location with incredible views. Originally built as the "Lemcke Annex", the 15-story tower has housed many occupants over the years, but today features 98 high-end 1 & 2 bedroom apartments. Penn Street Tower shows off it’s historical architecture that pulls back the curtain on Indianapolis history while also having updated finishes including stainless steel appliances and granite countertops. Gainbridge Fieldhouse (home to the Indiana Pacers) and Lucas Oil Stadium (home to the Indianapolis Colts) are both less than one mile away. The building also offers a state of the art gym as well as a community room with full kitchen and television for residents to gather at.
Model Rent and Fees
Model Price Range
- $1,249 - $2,113
Unit 803 Amenities and Features
Kitchen
- Dishwasher
- Microwave
- Range
- Refrigerator
Unit 803 Rent and Fees
Unit Price
- From $1,249
View Details and Rent EstimateDeposit
- $200 deposit
Unit Description
Standing one block east from Indy's Monument Circle for over a century, Penn Street Tower offers an unbeatable location with incredible views. Originally built as the "Lemcke Annex", the 15-story tower has housed many occupants over the years, but today features 98 high-end 1 & 2 bedroom apartments. Penn Street Tower shows off it’s historical architecture that pulls back the curtain on Indianapolis history while also having updated finishes including stainless steel appliances and granite countertops. Gainbridge Fieldhouse (home to the Indiana Pacers) and Lucas Oil Stadium (home to the Indianapolis Colts) are both less than one mile away. The building also offers a state of the art gym as well as a community room with full kitchen and television for residents to gather at.
Model Rent and Fees
Model Price Range
- $1,249 - $2,113
Apartment Model: Wabash: Floors 08-09From $1,2491 Bedroom, 1 Bath, 788 sq ftAvailable Now![]()
Wabash: Floors 08-09 - Image Apartment Unit: 804Apartment Model: Wabash: Floors 08-09From $1,2691 Bedroom, 1 Bath, 788 sq ftAvailable NowApartment Unit: 803Apartment Model: Wabash: Floors 08-09From $1,2491 Bedroom, 1 Bath, 788 sq ftAvailable June 25, 2026St. Clair: Floors 10-12
From $1,369
1 Bed, 1 Bath, 697 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft Deposit $1,369 Available Now 1207 697 $200 Unit 1207 Amenities and Features
Kitchen
- Dishwasher
- Microwave
- Range
- Refrigerator
Unit 1207 Rent and Fees
Unit Price
- From $1,369
View Details and Rent EstimateDeposit
- $200 deposit
Unit Description
Standing one block east from Indy's Monument Circle for over a century, Penn Street Tower offers an unbeatable location with incredible views. Originally built as the "Lemcke Annex", the 15-story tower has housed many occupants over the years, but today features 98 high-end 1 & 2 bedroom apartments. Penn Street Tower shows off it’s historical architecture that pulls back the curtain on Indianapolis history while also having updated finishes including stainless steel appliances and granite countertops. Gainbridge Fieldhouse (home to the Indiana Pacers) and Lucas Oil Stadium (home to the Indianapolis Colts) are both less than one mile away. The building also offers a state of the art gym as well as a community room with full kitchen and television for residents to gather at.
Model Rent and Fees
Model Price Range
- $1,369 - $2,158
Apartment Unit: 1207Apartment Model: St. Clair: Floors 10-12From $1,3691 Bedroom, 1 Bath, 697 sq ftAvailable NowSt. Clair: Floors 13-15
From $1,349
1 Bed, 1 Bath, 697 sq ftAvailable Jun 12Availability Details
Price Availability Date Unit Sq Ft Deposit $1,349 June 12, 2026 1407 697 $200 Unit 1407 Amenities and Features
Kitchen
- Dishwasher
- Microwave
- Range
- Refrigerator
Unit 1407 Rent and Fees
Unit Price
- From $1,349
View Details and Rent EstimateDeposit
- $200 deposit
Unit Description
Standing one block east from Indy's Monument Circle for over a century, Penn Street Tower offers an unbeatable location with incredible views. Originally built as the "Lemcke Annex", the 15-story tower has housed many occupants over the years, but today features 98 high-end 1 & 2 bedroom apartments. Penn Street Tower shows off it’s historical architecture that pulls back the curtain on Indianapolis history while also having updated finishes including stainless steel appliances and granite countertops. Gainbridge Fieldhouse (home to the Indiana Pacers) and Lucas Oil Stadium (home to the Indianapolis Colts) are both less than one mile away. The building also offers a state of the art gym as well as a community room with full kitchen and television for residents to gather at.
Model Rent and Fees
Model Price Range
- $1,349 - $2,233
Apartment Unit: 1407Apartment Model: St. Clair: Floors 13-15From $1,3491 Bedroom, 1 Bath, 697 sq ftAvailable June 12, 2026
Schedule a Tour
3D Tours
Property Information
- 98 Units
- 15 Stories
- Built in 2016
Lease Terms
- 3 - 16 mo
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
Required Fees
One-Time Basics
- Due at Application
- Application Fee Per ApplicantiCharged per applicant.$50.00
- Due at Move-In
- Administrative FeeiCharged per unit.$0.00
Other Fees and Policies
Storage Fees
- Storage Unit
- Storage DepositiCharged per rentable item.$0.00
- Storage RentiCharged per rentable item.$15.00/mo
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
On-Site Services
- Dry Cleaning Service
- Maintenance On Site
- Package Service
- Property Manager On Site
- Recycling
- Renters Insurance Program
- Key Fob Entry
- Laundry Facilities
Community Features
- Vintage Building
- Clubhouse
- Multi Use Room
- Lounge
- Disposal Chutes
- Elevator
Outdoor Features
- Controlled Access
Recreation and Fitness
- Fitness Center
- Bicycle Storage
Interior Features
- Storage Space
- High Speed Internet Access
- Intercom
- Tub/Shower
- Trash Compactor
- Cable Ready
- Washer/Dryer
- Air Conditioning
- Wi Fi
- Wheelchair Accessible (Rooms)
- Smoke Free
Kitchen Amenities
- Disposal
- Range
- Refrigerator
- Island Kitchen
- Kitchen
- Stainless Steel Appliances
- Freezer
- Microwave
- Dishwasher
- Eat In Kitchen
- Granite Countertops
Living Area Features
- Office
- Double Pane Windows
- Views
- Carpet
- Hardwood Floors
Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks
Map
Frequently Asked Questions about Penn Street Tower
Where is Penn Street Tower located?
Penn Street Tower is located at 115 N Pennsylvania St near the Circle City area of Indianapolis, IN
What is the current rent range at Penn Street Tower?
1 Bedrooms at Penn Street Tower currently start from $1,249. Call today for more info!
When is the leasing office open?
- The office Hours for Penn Street Tower are
- Monday By Appointment
- Tuesday By Appointment
- Wednesday By Appointment
- Thursday By Appointment
- Friday By Appointment
- Saturday Closed
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Affordable and good area
November 15, 2024 - Review from Apartments.comThe price is reasonable for the age of the apartments and location
Appointment
June 15, 2023 - Review from Apartments.comWe are here from out of town to tour apartments. We had a 10:00 am appointment with management and they did not show up or call to cancel the appointment. We sat in the lobby which smelled musty and like trash.
IF YOU DON'T LIKE NOISE 24/7 STAY AWAY-STENCHY ODOR-NON-OPENING WINDOWS
June 5, 2016 - Review from Apartments.comI have lived all over the USA. I moved to Penn Street towers and regretted it the first day. I could hear my upatairs neighbors, downstairs,next door and down the halls. I was able to hear conversations,flushing, music, barking, loud footsteps, children screaming. There is no insulation between walls and floors. The building smells terrible and the windows don't open. The facility is an old decrepit office building. I had to break lease.I wish they had -stars, it would be -10.Not fit for human ...life.It is probably about as quiet as a crack house.Read More
Great location
September 20, 2015 - Review from Apartments.comPenn Street Tower is a great place to live if you want prime location in Indianapolis. Located right off of the circle you are literally walking distance to numerous restaurants, bars, and shops among other things. The building has been recently renovated so all the units are basically brand new and have energy efficient appliances. The only downside is that there aren't a ton of amenities. We have a communal room with a ping pong table, a gym with limited equipment, and a bike room if you have ...one. Essentially location is the biggest upside of these apartments.Read More
Quiet, clean and close to everything
August 17, 2015 - Review from Apartments.comI have the honor of being the first official tenant of PST and I have to say it's been a terrific 3 months so far. Couldn't ask for a better apartment. Between walking, bikeshare and BlueCars, you are literally 15 minutes or less from EVERYTHING. Pros: Handsome old building exterior. Clean, modern interior. Quiet, relatively sound-proof - no partiers. Great downtown view. Attentive maintenance (had 2 minor issues that were fixed quickly). Tech savvy leasing office - you can do everything online. ...Cons: No freight elevator for large furniture. Cabinetry can be a bit on the fragile side. Can't open the windows. The pros definitely make up for the cons, and though a bit on the pricey side, you do get what you pay for. But in a good way.Read More
Great Apartments in Downtown Indianapolis
August 15, 2015 - Review from Apartments.comPenn Street Tower is a great new complex in downtown Indy right off the circle in a prime location. The apartments are brand new, spacious and have great appliances. Pricing is reasonable for the location and space. The staff has been awesome and I'm very happy with my apartment so far. My only complaint is that the elevators could be a bit larger for moving furniture.
Nearby Schools
Center for Inquiry School 2
Arsenal Technical High School
Crispus Attucks Medical Magnet High School (9-12)
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Penn Street Tower.
Arts Museums and Landmarks
Big Box and Retail
Walgreen's
Cvs/Pharmacy
Kroger
Colleges and Universities
Ivy Tech Community College - Downtown Indianapolis Campus
Groceries
Kroger
Save-A-Lot
The Fresh Market
Hospitals
Eskenazi Health
Riley Hospital For Children
Indiana University Health
Military Bases
Naval Avionics Center
Parks and Recreation
Penn Street Tower has 4 parks within 2.9 miles, including White River State Park, Benjamin Harrison House, SpaceQuest Planetarium, and Garfirled Conservatory.
Restaurants and Dining
Shopping Centers
Penn Street Tower has 5 shopping centers within 1.0 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianapolis Studio Apartments | $1,221 | $575 | $5,869 |
| Indianapolis 1 Bedroom Apartments | $1,374 | $518 | $4,127 |
| Indianapolis 2 Bedroom Apartments | $1,663 | $545 | $8,038 |
| Indianapolis 3 Bedroom Apartments | $2,017 | $626 | $9,756 |
| Indianapolis 4 Bedroom Apartments | $2,145 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $7,269 | $1,175 | $10,000+ |
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