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Listed by Olubunmi Famosinpe • My Agent
$509,999
Est. payment /mo
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Subdivision Kollers
MLS Listing ID 22090573
Year Built 1910
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Quadruplex
Property Description
Investor Opportunity - Turnkey Fourplex Near Downtown Indianapolis Well-maintained fourplex located in the rapidly developing Near Eastside, just minutes from downtown Indianapolis, Bottleworks District, and Mass Ave. This income-producing property features four spacious units, offering a strong blend of current cash flow and upside potential. Three units are currently leased, providing immediate income, while one unit is vacant and ready for a new tenant, allowing the next owner to lease at current market rates or occupy. Ideal for investors seeking a stabilized asset with room to increase rents, or for an owner-occupant looking to house hack while generating rental income. Each unit offers functional layouts with generous living space and consistent tenant appeal. Property benefits from its proximity to major employers, hospitals, dining, and entertainment, supporting strong rental demand in the area. Whether you're expanding your portfolio or entering the multifamily space, this property presents a solid opportunity in one of Indianapolis' most active growth corridors.
Location
State IN
County Marion
Rooms
Basement Exterior Entry
Interior
Fireplace N
Building
Story Two
Structure Type Cement Siding
New Construction false
Schools
School District Indianapolis Public Schools
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