$635,000
Beautiful 4 plex with a separate detached ADU (accessory dwelling unit) that has 3br's 2baths--and the tenants pay their own utilities. With a 5% vacancy and $3000 allowed for yearly repairs, cap rate is 12%. Newer roof, siding, havacs, electrical, and plumbing. Rents guaranteed through Indy Health. Property sits 1000 feet from Christel Dehaan new development.
GPS Friendly
MLS # | 22035039 |
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Date Listed | 2025-04-25 |
Status | Pending |
Property Type | Multi-Family/Apartments |
Property SubType | Fourplex |
New Construction | No |
Type | Fourplex |
Year Taxes Payable | 2024 |
Year Built | 1910 |
Days on Market | 4 |
Construction | Fourplex |
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Lot Size | 10,106 sq ft |
Acreage | 0.23 Acres |
Fence | None |
Area | Marion |
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County | Marion |
Subdivision | Plat Of The Town Of Mount |
Township | Wayne |
City | Indianapolis |
State | IN |
Zip | 46222 |
School District | Indianapolis Public Schools |
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Assoc. Dues | $0.00 |
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MLS# 22035039
Listing Provided Courtesy of Joseph Cirillo
Priority One Realty
josephwcirillo@aol.com
Listing updated April 29, 2025 at 9:39 am
Last checked 6 minutes ago
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