$440,000
5334 E Washington Street
Rare 5-unit multi-family investment opportunity in the desirable Irvington area! Ideally located on Washington Street, this property has a strong history of 100% occupancy and offers excellent upside potential. Each unit features 1 bed and 1 bath, with all units remodeled and updated. All leases are month-to-month, allowing for immediate rent increases to meet market rates. Tenants pay electricity; owner covers water, sewer, and gas. Each unit offers private covered porch or deck areas, and the property provides ample private parking in the rear. Property includes two 92% gas furnaces (2018), a gas water heater (2012), and refrigerators and stoves furnished by the seller, all newer within the last 10 years. The roof and decking have durable 30-year shingles. One unit is currently vacant and available for showings. Conveniently located near shops, dining, parks, and commuter routes, this is a rare opportunity to own a well-maintained, income-producing property in a high-demand area.
GPS Friendly
Map to 5334 E Washington Street, Indianapolis, IN 46219
MLS #
22067095
Date Listed
2025-10-10
Status
Active
Property Type
Multi-Family/Apartments
Property SubType
Quadruplex
New Construction
No
Style
Traditional
Type
Quadruplex
Year Taxes Payable
2024
Year Built
1930
Days on Market
58
Additional
Design
Traditional
Heating
Forced Air
External Features
Construction
Quadruplex
Lot Size
10,803 sq ft
Acreage
0.25 Acres
Fence
None
Location
Area
Marion
County
Marion
Subdivision
L C Ritters
Township
Warren
City
Indianapolis
State
IN
Zip
46219
Schools
School District
Indianapolis Public Schools
Financial
Assoc. Dues
$0.00
| MLS # | 22067095 |
|---|---|
| Date Listed | 2025-10-10 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | Quadruplex |
| New Construction | No |
| Style | Traditional |
| Type | Quadruplex |
| Year Taxes Payable | 2024 |
| Year Built | 1930 |
| Days on Market | 58 |
| Design | Traditional |
|---|---|
| Heating | Forced Air |
| Construction | Quadruplex |
|---|---|
| Lot Size | 10,803 sq ft |
| Acreage | 0.25 Acres |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | L C Ritters |
| Township | Warren |
| City | Indianapolis |
| State | IN |
| Zip | 46219 |
| School District | Indianapolis Public Schools |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22067095
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 Patricia McCormick
Trueblood Real Estate
tmccormick@truebloodre.com
Listing updated October 31, 2025 at 12:47 pm
Last checked 2 minutes ago
Learn More About 5334 E Washington Street
