1802 Woodlawn Avenue
Indianapolis, IN 46203
- – beds
- – baths
- – sqft
- 4,760 sqft lot
- 1980 build
Welcome to this promising investment property located centrally in the vibrant city of Indianapolis, Indiana. Situated in a prime location, this multi-family 4 unit property offers an excellent opportunity for investors seeking steady rental income and future appreciation potential.This property enjoys easy access to downtown amenities, universities, employment centers, and transportation routes, ensuring high demand from tenants. With some updates and renovations, the property can attract higher-paying tenants, thereby increasing rental income and property value! Whether you're a seasoned investor looking to expand your portfolio or a newcomer to the real estate market, this multi-family property in Indianapolis presents an enticing opportunity. With its central location, stable rental income, and potential for updates, this property is poised to deliver attractive returns for years to come. Act now to capitalize on this lucrative investment opportunity! Schedule a viewing today.
Last checked:
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Last updated May 13, 2025
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MLS# 22038334 —
The Building
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Year Built:1980
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New Construction:false
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Construction Materials:Brick, Vinyl With Brick, Wood, Wood Brick
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Architectural Style:TraditonalAmerican
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Levels:Two
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Roof:Shingle
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Basement:true
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Foundation Details:Block
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Green Certification:No
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Building Information:Handicap Access
Location
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Directions:GPS Friendly
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Latitude:39.754452
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Longitude:-86.129303
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Fourplex
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Parcel Number:491007117001000101
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Acres:<1/4 Acre
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Lot Size Acres:0.11
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Lot Size SqFt:4,760 Sqft
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Price Per Acre:2271818
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Property Condition:Fixer
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Structure Type:Quadruplex
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Waterfront:false
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Fence:No
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Current Use:Residential
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Possible Use:Residential
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Road Access:Access Rd
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (317) 435-0510
- Office phone:
- (317) 435-0510
Taxes
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Tax Lot:8
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Tax Year:2024
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Semi Annual Property Tax Amt:2169
The Listing
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Disclosures:BankOwned
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Inspection Warranties:General
Heating & Cooling
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Heating:Electric, Forced Air, Natural Gas
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Cooling:None
Utilities
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Building Utilities:Storm Sewer
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Solid Waste:Yes
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Hogshire Etal Pleasant Run
Parking
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Parking:On Street
Extra Units
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/13/25
May 13, 2025
|
Listed / Active | MIBOR | $249,900 | 21.9% (6.2% / YR) |
3/7/24
Mar 7, 2024
|
Price Changed | MIBOR | ||
2/9/24
Feb 9, 2024
|
Relisted | MIBOR |