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Listed by Michael Miller • F.C. Tucker Company
$ 485,000
Est. payment | /mo
5,227 Sqft Lot
$ 485,000
Est. payment | /mo
5,227 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Sturm & Kollers
MLS Listing ID 22046613
Year Built 1910
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Quadruplex
Property Description
Excellent investment opportunity! This well-maintained four-unit property features a solid brick exterior and long-term tenant history, with potential to support higher rental rates. Unit 1 is a spacious 2-bedroom, 1-bath unit with 1,225 sq ft, central air, and a private washer/dryer. Unit 2 offers 1 bedroom, 1 bath, and 884 sq ft. Unit 3 includes 2 bedrooms, 1 bath, and 827 sq ft. Unit 4 is an efficiency unit. Units 2-4 share access to a washer and dryer located in the basement. Gross annual income is $39,240. See attachment for full lease details and property information.
Location
State IN
County Marion
Rooms
Basement Storage Space, Unfinished
Interior
Heating Natural Gas
Cooling Central Air, Window Unit(s)
Fireplace N
Exterior
Roof Type Asphalt
Building
Story Two
Foundation Brick/Mortar
Architectural Style Traditional
Structure Type Brick
New Construction false
Schools
School District Indianapolis Public Schools
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