2930 N Dearborn Street
Indianapolis, IN 46218
- – beds
- – baths
- – sqft
- 5,053 sqft lot
- 1910 build
4-Unit Multifamily in Center Township - Income-Producing with Management in Place Excellent investment opportunity in Center Township! This former duplex converted into 4 efficiency units, offering strong rental potential and hands-off ownership with professional property management already in place. 4 Efficiency Units 2 Units Currently Rented - Steady income stream 2 Units Vacant - One rent-ready, one needs light cosmetic refresh (estimated cost: $6,000) Individually Accessible Units with separate kitchens and baths Professional property management handles day-to-day operations, tenant placement, and maintenance Located in a high-demand rental area with access to public transit, shopping, and employment centers. This is an ideal opportunity for a hands-off investor to step into a cash-flowing property with upside potential once fully leased. Priced competitively
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated May 8, 2025
•
MLS# 22036360 —
The Building
-
Year Built:1910
-
New Construction:false
-
Construction Materials:Vinyl With Brick
-
Architectural Style:Craftsman
-
Levels:One
-
Roof:Asphalt
-
Exterior Features:Not Applicable
-
Green Certification:No
Location
-
Directions:GPS Friendly
-
Latitude:39.809722
-
Longitude:-86.112309
The Property
-
View:true
-
Property Type:Residential Income
-
Property Subtype:Fourplex
-
Property Attached:false
-
Parcel Number:490729159146000101
-
Acres:<1/4 Acre
-
Lot Size Acres:0.12
-
Lot Size SqFt:5,053 Sqft
-
Price Per Acre:2083333
-
Additional Parcels:false
-
Structure Type:Quadruplex
-
Current Use:See Remarks
-
Road Access:See Remarks
Listing Agent
- Contact info:
- Agent phone:
- (317) 695-5764
- Office phone:
- (317) 846-6300
Taxes
-
Tax Lot:10
-
Tax Year:2024
-
Semi Annual Property Tax Amt:2167
Heating & Cooling
-
Heating:Electric
Utilities
-
Building Utilities:Sewer,Water
-
Solid Waste:Yes
Schools
-
High School District:Indianapolis Public Schools
The Community
-
Subdivision Name:Rosedale
Extra Units
-
# 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 |
|---|---|---|---|---|
|
5/2/25
May 2, 2025
|
Listed / Active | MIBOR | $250,000 | 5002.0% (270.5% / YR) |
|
3/26/25
Mar 26, 2025
|
Listed / Active | MIBOR | ||
|
11/3/06
Nov 3, 2006
|
MIBOR | $4,900 |
