5713 Bluff Road
Indianapolis, IN 46217
Map
- – beds
- – baths
- – sqft
- ~1 acre lot
- 1929 build
Prime cash-flowing quadplex located in Perry Township on Indy's quiet southside, offering two freestanding buildings-one triplex and one standalone unit. Three of the four units are currently rented, providing steady income with room to grow. Unit A is a 2-bedroom that was last rented for $1,135 and could be increased to $1,150-$1,200. Unit B is a 1-bedroom rented at $760 through 10/31/25, Unit C is a 1-bedroom rented at $640 through 9/30/25, and Unit D is a 1-bedroom rented at $900 through 4/30/26. Tenants pay their own gas and electric with separate meters, and the property runs on well and septic to reduce overhead. Located in a safe, desirable school district, this is a strong opportunity for investors looking for a high-yield, low-maintenance asset.
Last checked:
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Last updated May 11, 2025
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MLS# 22032195 —
The Building
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Year Built:1929
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New Construction:false
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Levels:One
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Basement:true
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Basement:Daylight/Lookout Windows, Unfinished
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Foundation Details:Block
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Green Certification:No
Interior
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Laundry Features:Connections All
Location
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Directions:GPS Friendly
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Latitude:39.682128
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Longitude:-86.174463
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:491402122004000500
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Acres:1-3 Acres
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Lot Size Acres:1.05
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Lot Size SqFt:45,912 Sqft
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Price Per Acre:309524
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Current Use:Residential
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Road Access:Frontage Road
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (317) 476-3338
- Office phone:
- (317) 489-3441
Taxes
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Tax Lot:491402122004000500
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Tax Year:2024
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Semi Annual Property Tax Amt:2630
Heating & Cooling
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Heating:Forced Air
Utilities
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Building Utilities:Private Well,Septic System
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Solid Waste:No
Schools
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High School District:Perry Township Schools
The Community
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Subdivision Name:No Subdivision
Parking
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Parking:Guest Parking,Unpaved
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Parking Features:Gravel
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/8/25
May 8, 2025
|
Price Changed | MIBOR | $325,000 | -1.5% |
|
4/11/25
Apr 11, 2025
|
Listed / Active | MIBOR | $330,000 | 423.8% (37.1% / YR) |
|
3/27/25
Mar 27, 2025
|
Price Changed | MIBOR |
