Expand your investment portfolio with this well-maintained, brick-exterior fourplex! The property includes two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one efficiency unit. The larger 2-bedroom unit offers 1,225 square feet, its own washer and dryer, and central air. The second 2-bedroom unit offers 827 square feet, while the 1-bedroom unit offers 884 square feet. Shared basement laundry serves these two units and the efficiency unit. Improvements include replacement of the gas distribution system in 2021 and substantial roof replacement in 2023. Gross scheduled annual charges total $41,340. Ownership has historically prioritized tenant retention and minimal vacancy over maximizing rents, offering an opportunity to evaluate future rental growth. See attachments for lease details, utilities and additional improvements. Buyers should independently verify market rents and future rental potential. Please do not disturb tenants.
Listing Courtesy of: F.C. Tucker Company
317-370-0189
Agent licensed in IN
| Listing Id: | 22130450 |
|---|---|
| List Price: | $425,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Bathrooms Full: | 0 |
| Bathrooms Half: | 0 |
| Semi Annual Property Tax Amt: | $4,723 |
| Lot Size Acres: | 0.12 |
| Waterfront?: | No |
| City: | Indianapolis |
| County Or Parish: | Marion |
| Subdivision Name: | Sturm & Kollers |
| Postal Code: | 46201 |
| Year Built: | 1910 |
| Number Of Units Total: | 4 |
| Basement: | No |
| Building Area Source: | Appraiser |
| High School District: | Indianapolis Public Schools |
| Construction Materials: | Brick |
| MLS Area Major: | Center |
| Current Use: | Residential |
| Directions: | GPS Friendly |
| Roof: | Asphalt |
| Levels: | Two |
| Acres: | <1/4 Acre |
| Affectedby Disclosures: | No |
| Building Information: | Storage |
| Building Utilities: | Municipal Storm Connected, Separate Gas Meter, Sewer, Water |
| Laundry Features: | Common Laundry, In Basement |
| Conversion: | No |
| Lot Features: | Sidewalks |
| DPRYN: | No |
| Expenses: | 0 |
| Price Acre: | 3541667 |
| Price Unit: | 106250 |
| Road Access: | Not Applic |
| Solid Waste: | No |
| Trans Type: | Sale |
| Unit Parking: | On Street |
| Original List Price: | $425,000 |
| Owner Pays: | Insurance, Taxes |
| Parcel Number: | 491006132010000101 |
| Possession: | Subject To Tenant Rights |
| Postal Code Plus4: | 3049 |
| Road Frontage Type: | City Street |
| State Or Province: | IN |
| Structure Type: | Quadruplex |
| Tax Year: | 2025 |
| Tenant Pays: | Electricity, Gas, Sewer, Water |
| Multi Baths: | 4 |
| Multi Beds: | 6 |
| Multi Rooms: | 15 |
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MIBOR Broker Listing Cooperative® data last updated on October 09, 2026 03:45 AM - ET
Based on information submitted to the MLS GRID as of October 09, 2026 03:45 AM - ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some listings have been excluded from this website.
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Property Last Updated: October 09, 2026 03:45 AM - ET
