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3 Units rented out, fourth will be signed this Sunday. Well-maintained 4-unit multifamily in a great location close to downtown with a strong income profile and immediate upside. Extensively remodeled throughout: updated plumbing and electrical, energy-efficient windows, premium siding, and renovated units with quality finishes. This is a clean, well-cared-for building, done with the intention of a long-term keep. Current owner uses the garage for storage - potential rental at $100-$150/mo that's not included in the numbers. Current rents are: $950, $1050, $950, $950. Value-add upside: two furnaces in place to add central AC and lift rents; owner-paid utilities can be sub-metered or recaptured; garage and 800+ sq ft attic offer additional income potential.

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Listed by Ivan Koblov of Keller Williams Indy Metro NE (Cell: 317-850-7985),

IDX information provided by the Indiana Regional MLS. Data was last updated on this website at July 12, 2026 3:59 PM UTC. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

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