- – beds
- – baths
- – sqft
- 6,886 sqft lot
- 1910 build
Welcome to this outstanding multi-family property nestled in one of Indianapolis'most desirable neighborhoods. This gem features four thoughtfully designed units, each offering comfortable two-bedroom, one-bathroom layouts perfect for residents seeking convenience and quality living. Situated in a vibrant community, this property enjoys proximity to numerous local amenities that tenants will appreciate. The beautiful George E. Kessler Park is just steps away, offering green spaces for outdoor recreation and relaxation. When hunger strikes, the renowned Goose The Market is within walking distance, providing specialty foods and groceries for culinary enthusiasts. Commuting is a breeze with the Meridian Street and Fall Creek/Ivy Tech Station nearby, connecting residents to the greater Indianapolis area. Families will value the property's location within reach of Herron High School, known for its exceptional academic programs. Investors will recognize the tremendous potential this four-unit building presents in Indianapolis ' growing rental market. The consistent floor plans across all units streamline maintenance and management, while the strategic location ensures strong tenant demand year-round. Whether you want to expand your real estate portfolio or seek your first multi-family investment, this property offers the perfect balance of location, functionality, and growth potential. The solid brick construction and well-maintained grounds represent the property's enduring value. Don't miss this opportunity to own a piece of Indianapolis real estate with excellent income potential in a neighborhood that continues to flourish!
Last checked:
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Last updated Jun 7, 2025
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MLS# 22042809 —
The Building
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Year Built:1910
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New Construction:false
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Construction Materials:Brick
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Levels:Two
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Basement:true
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Basement:Partial
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Security Features:Smoke Alarm
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Green Certification:No
Interior
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Laundry Features:Laundry Closet
Location
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Directions:GPS Friendly
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Latitude:39.802016
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Longitude:-86.158639
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:490625134006000101
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Acres:<1/4 Acre
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Lot Features:Access
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Lot Size Acres:0.16
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Lot Size SqFt:6,886 Sqft
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Price Per Acre:4375000
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Structure Type:Quadruplex
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Current Use:Apt<20
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Road Access:Not Applic
Listing Agent
- Contact info:
- Agent phone:
- (317) 551-9589
- Office phone:
- (317) 527-4663
Taxes
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Tax Lot:11
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Tax Year:2024
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Semi Annual Property Tax Amt:2687
Heating & Cooling
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Heating:Forced Air
Utilities
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Building Utilities:Municipal Storm Connected,Storm Sewer,Water
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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:Rubens Wildwood
Parking
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Parking:Parking Lot
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 |
---|---|---|---|---|
6/3/25
Jun 3, 2025
|
Listed / Active | MIBOR | $700,000 | |
12/3/24
Dec 3, 2024
|
Relisted | MIBOR | ||
11/25/24
Nov 25, 2024
|
Pending | MIBOR |