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4830 E Washington Street

Indianapolis, IN 46201

– beds
– baths
– sqft
3,703 sqft lot
1912 build

This recently updated quadplex in Indianapolis presents a prime investment opportunity with strong rental potential. Each of the four units has been modernized with contemporary finishes, updated kitchens and bathrooms, making the property move-in ready and low-maintenance. Located in a rapidly developing area with easy access to downtown, major employers, and local amenities, this property is perfectly positioned to attract reliable tenants and generate steady cash flow. Whether you're a seasoned investor or just starting out, this turnkey asset offers both immediate income and long-term value in one of Indianapolis's most promising neighborhoods. Units 2 & 4 are tenant occupied. Unit 2 pays $700 base rent plus a $150 utility addendum. Unit 4 pays $1050 base rent + $225 utility addendum. Units 1 & 3 both have approved applicants moving in 7/1 that will be paying $700/month + $150 utility addendum.

Listing courtesy of MIBOR / Trueblood Real Estate

Last checked: Checking… • Last updated Jun 29, 2025 •

MLS# 22044613 —

The Building

Year Built:

1912
New Construction:

false
Construction Materials:

Brick, Stone
Architectural Style:

Multi-Level
Foundation Details:

Stone
Levels:

Two
Basement:

true
Green Certification:

No

Location

Directions:

GPS Friendly
Latitude:

39.770152
Longitude:

-86.087553

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Fourplex
Parcel Number:

491004103010000101
Acres:

<1/4 Acre
Lot Size Acres:

0.09
Lot Size SqFt:

3,703 Sqft
Price Per Acre:

3277778
Structure Type:

Quadruplex
Current Use:

Residential
Road Access:

Access Rd
Road Surface Type:

Asphalt

Listing Agent

Contact info:

Taxes

Tax Lot:

491004103010000101
Tax Year:

2024
Semi Annual Property Tax Amt:

1705

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Forced Air, Natural Gas
Cooling:

Window Unit(s)

Utilities

Solid Waste:

No

Schools

High School District:

Indianapolis Public Schools

The Community

Subdivision Name:

Moores Sub Blankenship

Parking

Parking:

1 Car Garage

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/27/25 Jun 27, 2025	Listed / Active	MIBOR	$295,000

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This multifamily located in South Side Indianapolis, Indianapolis, IN 46201 is currently for sale for $295,000. 4830 E Washington Street is a – square foot multifamily with – beds and – baths. 4830 E Washington Street is in the South Side Indianapolis neighborhood of Indianapolis and has a WalkScore® of 41, making it car-dependent. This multifamily is in the attendance area of Arlington Middle School, Ralph Waldo Emerson School 58, T C Howe Community School, Riverside High School, Arsenal Technical High School, and George Washington Community High School.

Listing Courtesy of: MIBOR and Trueblood Real Estate.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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