59 W Fall Creek Parkway South Drive Indianapolis, IN 46208

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Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
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Quadruplex • 115Y Old

$725,000

59 W Fall Creek Parkway South Drive

0.14 Acres
Property Description

Nestled along the scenic Fall Creek Parkway, this exceptional multi-family property presents a rare opportunity for investors seeking quality rental units in one of Indianapolis's most desirable neighborhoods. This charming property features four well-maintained units, each offering comfortable 2-bedroom, 1-bathroom layouts that appeal to a wide range of potential tenants. Say goodbye to tenant parking woes! This property comes complete with its own dedicated parking lot-a feature that stands out in urban settings and adds significant appeal to prospective renters. The location couldn't be more perfect, with George E. Kessler Park just steps away for outdoor recreation and relaxation. Residents will appreciate the convenience of the nearby Meridian St & Fall Creek/Ivy Tech Station for easy commuting, while Goose The Market provides local grocery shopping within walking distance. Families will value the proximity to the esteemed Herron High School, adding educational value to this investment property's many attributes. Each unit offers practical living spaces with room for personalization, allowing you to create distinctive rental offerings or maintain a consistent appeal across all units. The solid brick exterior speaks to the building's durability and timeless charm, while providing excellent curb appeal. Whether expanding your investment portfolio or entering the multi-family market for the first time, this property offers stable income potential in a neighborhood that continues to grow in popularity and value. Don't miss the opportunity to add this promising multi-family gem to your real estate holdings!

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Property
MLS # 22042813
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 182
External Features
Construction Quadruplex
Lot Size 6,025 sq ft
Acreage 0.14 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# 22042813
Listing Provided Courtesy of Jamie Suchotzky
Red Hot, REALTORS LLC
Jamie@RedHotRealtors.com

Listing updated October 7, 2025 at 7:24 am
Last checked 3 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 59 W Fall Creek Parkway South Drive

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

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