5713 Bluff Road Indianapolis, IN 46217

Share
Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
Email
Agent to Contact

By clicking "Message Agent", you agree to be contacted by Sarah Hubley about your request. Please see our Privacy Policy.

Fourplex • 96Y Old

$330,000

5713 Bluff Road

1.05 Acre
Property Description

Prime opportunity for a cash flowing 4-unit property in Perry Township school district, a safe, quiet neighborhood on Indy's southside. This property is actually 2 free standing properties (one with 3 units and one with 1 unit). With three of the four units rented at the same competitive rate, you'll benefit from a steady, predictable income stream. Unit A, the highest rent unit, and Unit B will soon be available for lease, offering the potential for even greater returns. The property also features separate gas and electric meters, ensuring tenants pay for their own utilities, which keeps your expenses low. With septic and well water systems in place, operational costs are further streamlined. Investors / Agents -- Pro forma with actual market rents is attached. Current leases / rents: 1-bed Unit: $750 lease ending 10/31/25, 1-bed Unit: $640 lease ending 9/30/25, 1-bed Unit: $885 lease ending 3/31/25 (vacating). 2 Bed Unit is up for rent, last rented for $1135, could be bumped to $1150-1200.

Directions

GPS Friendly

Map to 5713 Bluff Road, Indianapolis, IN 46217

Marker
Leaflet © OpenStreetMap contributors
Property
MLS # 22032195
Date Listed 2025-04-11
Status Active
Property Type Multi-Family/Apartments
Property SubType Fourplex
New Construction No
Type Fourplex
Basement Daylight/Lookout Windows, Unfinished
Year Taxes Payable 2024
Year Built 1929
Days on Market 24
External Features
Construction Fourplex
Lot Size 45,912 sq ft
Acreage 1.05 Acre
Fence None
Location
Area Marion
County Marion
Subdivision No Subdivision
Township Perry
City Indianapolis
State IN
Zip 46217
Schools
School District Perry Township Schools
Financial
Assoc. Dues $0.00
Loan Calculator Mortgage Calculator
Mortgage Calculator Mortgage Calculator Loan Calculator
$
%
years
%
$ per year
$ per year
%

MLS# 22032195
Listing Provided Courtesy of Max Moore
@properties
max@atpropertiesind.com

Listing updated April 14, 2025 at 8:24 am
Last checked 9 minutes ago

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.

Learn More About 5713 Bluff Road

Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
Email
Agent to Contact

By clicking "Message Agent", you agree to be contacted by Sarah Hubley about your request. Please see our Privacy Policy.