- – beds
- – baths
- – sqft
- 6,025 sqft lot
- 1910 build
Nestled along the scenic Fall Creek Parkway, this exceptional multi-family property presents a rare opportunity for investors seeking quality rental units in one of Indianapolis's most desirable neighborhoods. This charming property features four well-maintained units, each offering comfortable 2-bedroom, 1-bathroom layouts that appeal to a wide range of potential tenants. Say goodbye to tenant parking woes! This property comes complete with its own dedicated parking lot-a feature that stands out in urban settings and adds significant appeal to prospective renters. The location couldn't be more perfect, with George E. Kessler Park just steps away for outdoor recreation and relaxation. Residents will appreciate the convenience of the nearby Meridian St & Fall Creek/Ivy Tech Station for easy commuting, while Goose The Market provides local grocery shopping within walking distance. Families will value the proximity to the esteemed Herron High School, adding educational value to this investment property's many attributes. Each unit offers practical living spaces with room for personalization, allowing you to create distinctive rental offerings or maintain a consistent appeal across all units. The solid brick exterior speaks to the building's durability and timeless charm, while providing excellent curb appeal. Whether expanding your investment portfolio or entering the multi-family market for the first time, this property offers stable income potential in a neighborhood that continues to grow in popularity and value. Don't miss the opportunity to add this promising multi-family gem to your real estate holdings!
Last checked:
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Last updated Jun 5, 2025
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MLS# 22042813 —
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
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Gross Area SqFt:6606
Interior
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Laundry Features:Connections All
Location
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Directions:GPS Friendly
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Latitude:39.801978
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Longitude:-86.158807
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:490626146001000101
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Acres:<1/4 Acre
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Lot Size Acres:0.14
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Lot Size SqFt:6,025 Sqft
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Price Per Acre:5178571
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Structure Type:Quadruplex
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Current Use:Apt<20
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Road Access:Frontage Road
Listing Agent
- Contact info:
- Agent phone:
- (317) 551-9589
- Office phone:
- (317) 527-4663
Taxes
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Tax Lot:12
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Tax Year:2024
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Semi Annual Property Tax Amt:1773
Utilities
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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: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 |
---|---|---|---|---|
6/3/25
Jun 3, 2025
|
Listed / Active | MIBOR | $725,000 | |
12/3/24
Dec 3, 2024
|
Relisted | MIBOR | ||
11/25/24
Nov 25, 2024
|
Pending | MIBOR |