$700,000
55 W Fall Creek Parkway South Drive
Welcome to this outstanding multi-family property nestled in one of Indianapolis'most desirable neighborhoods. This gem features four thoughtfully designed units, each offering comfortable two-bedroom, one-bathroom layouts perfect for residents seeking convenience and quality living. Situated in a vibrant community, this property enjoys proximity to numerous local amenities that tenants will appreciate. The beautiful George E. Kessler Park is just steps away, offering green spaces for outdoor recreation and relaxation. When hunger strikes, the renowned Goose The Market is within walking distance, providing specialty foods and groceries for culinary enthusiasts. Commuting is a breeze with the Meridian Street and Fall Creek/Ivy Tech Station nearby, connecting residents to the greater Indianapolis area. Families will value the property's location within reach of Herron High School, known for its exceptional academic programs. Investors will recognize the tremendous potential this four-unit building presents in Indianapolis ' growing rental market. The consistent floor plans across all units streamline maintenance and management, while the strategic location ensures strong tenant demand year-round. Whether you want to expand your real estate portfolio or seek your first multi-family investment, this property offers the perfect balance of location, functionality, and growth potential. The solid brick construction and well-maintained grounds represent the property's enduring value. Don't miss this opportunity to own a piece of Indianapolis real estate with excellent income potential in a neighborhood that continues to flourish!
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Map to 55 W Fall Creek Parkway South Drive, Indianapolis, IN 46208
MLS #
22042809
Date Listed
2025-06-03
Status
Active
Property Type
Multi-Family/Apartments
Property SubType
Quadruplex
New Construction
No
Type
Quadruplex
Basement
Partial
Year Taxes Payable
2024
Year Built
1910
Days on Market
183
Additional
Cooling
Central Air
Heating
Forced Air
External Features
Construction
Quadruplex
Lot Size
6,886 sq ft
Acreage
0.16 Acres
Fence
None
Location
Area
Marion
County
Marion
Subdivision
Rubens Wildwood
Township
Center
City
Indianapolis
State
IN
Zip
46208
Schools
School District
Indianapolis Public Schools
Financial
Assoc. Dues
$0.00
| MLS # | 22042809 |
|---|---|
| Date Listed | 2025-06-03 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | Quadruplex |
| New Construction | No |
| Type | Quadruplex |
| Basement | Partial |
| Year Taxes Payable | 2024 |
| Year Built | 1910 |
| Days on Market | 183 |
| Cooling | Central Air |
|---|---|
| Heating | Forced Air |
| Construction | Quadruplex |
|---|---|
| Lot Size | 6,886 sq ft |
| Acreage | 0.16 Acres |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | Rubens Wildwood |
| Township | Center |
| City | Indianapolis |
| State | IN |
| Zip | 46208 |
| School District | Indianapolis Public Schools |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22042809
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 Jamie Suchotzky
Red Hot, REALTORS LLC
Jamie@RedHotRealtors.com
Listing updated October 7, 2025 at 7:24 am
Last checked 8 minutes ago
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