Excellent investment opportunity near the heart of Indianapolis, Indiana. This updated quadplex offers immediate income potential with 3 units currently rented and 1 vacant unit ready for occupancy or lease-up. The vacant unit has been recently updated and is rent-ready, giving the next owner the opportunity to quickly increase cash flow or place a tenant at current market rents. Property features a solid multi-unit setup in a location with convenient access to downtown Indianapolis, major employers, dining, and entertainment. Whether you're looking to expand your portfolio or step into multifamily investing with built-in income, this property offers strong upside and long-term potential in a growing rental market.

Based on information submitted to MIBOR as of June 3, 2026 1:09 PM EDT . All data is obtained from various sources and has not been, and will not be, verified by broker or MIBOR. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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CENTURY 21 Scheetz - Downtown

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Property Details

Basic Information

Property

Location

Interior Features

Basement

Community

Schools

Map Location

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

CENTURY 21 Scheetz - Downtown