$580,000
A well-positioned four-plex located just 5 minutes east of downtown. This property offers strong income potential. A current occupancy rate of 75% with three units generating consistent cash flow. The property presents multiple opportunities for the savvy investor. The new owner could choose to occupy the fourth unit while collecting rental income from the other three. One could also fully occupy the building and add a valuable asset to their portfolio. The property is newly constructed 2-story apartments, with an unpaved parking lot in the back of the building.
GPS Friendly
MLS # | 22015001 |
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Date Listed | 2024-12-14 |
Status | Active |
Property Type | Multi-Family/Apartments |
Property SubType | Fourplex |
New Construction | Yes |
Type | Fourplex |
Year Taxes Payable | 2023 |
Year Built | 2024 |
Days on Market | 6 |
Cooling | Central Electric |
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Heating | Electric |
Construction | Fourplex |
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Lot Size | 4,879 sq ft |
Acreage | 0.11 Acres |
Fence | None |
Area | Marion |
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County | Marion |
Subdivision | No Subdivision |
Township | Center |
City | Indianapolis |
State | IN |
Zip | 46201 |
School District | Indianapolis Public Schools |
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Assoc. Dues | $0.00 |
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MLS# 22015001
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Sarah Fishburn
F.C. Tucker Company
sarah.fishburn@talktotucker.com
Listing updated December 19, 2024 at 4:31 pm
Last checked 17 minutes ago