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Listed by Deborah Argenta • Keller Williams Indpls Metro N
$ 250,000
Est. payment | /mo
5,227 Sqft Lot
$ 250,000
Est. payment | /mo
5,227 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Subdivision Rosedale
MLS Listing ID 22036360
Year Built 1910
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Fourplex
Property Description
4-Unit Multifamily in Center Township - Income-Producing with Management in Place Excellent investment opportunity in Center Township! This former duplex converted into 4 efficiency units, offering strong rental potential and hands-off ownership with professional property management already in place. 4 Efficiency Units 2 Units Currently Rented - Steady income stream 2 Units Vacant - One rent-ready, one needs light cosmetic refresh (estimated cost: $6,000) Individually Accessible Units with separate kitchens and baths Professional property management handles day-to-day operations, tenant placement, and maintenance Located in a high-demand rental area with access to public transit, shopping, and employment centers. This is an ideal opportunity for a hands-off investor to step into a cash-flowing property with upside potential once fully leased. Priced competitively
Location
State IN
County Marion
Interior
Heating Electric
Fireplace N
Exterior
Exterior Feature Not Applicable
Roof Type Asphalt
Building
Story One
Architectural Style Craftsman
Structure Type Vinyl With Brick
New Construction false
Schools
School District Indianapolis Public Schools
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