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Listed by Richard Vinson • Trueblood Real Estate
$ 295,000
Est. payment /mo
Active
4830 E Washington ST Indianapolis, IN 46201
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Subdivision Moores Sub Blankenship
MLS Listing ID 22044613
Year Built 1912
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Fourplex
Property Description
This recently updated quadplex in Indianapolis presents a prime investment opportunity with strong rental potential. Each of the four units has been modernized with contemporary finishes, updated kitchens and bathrooms, making the property move-in ready and low-maintenance. Located in a rapidly developing area with easy access to downtown, major employers, and local amenities, this property is perfectly positioned to attract reliable tenants and generate steady cash flow. Whether you're a seasoned investor or just starting out, this turnkey asset offers both immediate income and long-term value in one of Indianapolis's most promising neighborhoods. Units 2 & 4 are tenant occupied. Unit 2 pays $700 base rent plus a $150 utility addendum. Unit 4 pays $1050 base rent + $225 utility addendum. Units 1 & 3 both have approved applicants moving in 7/1 that will be paying $700/month + $150 utility addendum.
Location
State IN
County Marion
Interior
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Fireplace N
Building
Story Two
Foundation Stone
Architectural Style Multi-Level
Structure Type Brick,Stone
New Construction false
Schools
School District Indianapolis Public Schools
Others
Virtual Tour https://drive.google.com/drive/folders/1bvTBjr7ZC1Tvv0eBmufu9IjK9npw-Sa3?usp=drive_link
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