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Listed by Alyssa Burton • Inspired Realty
$460,000
Est. payment /mo
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Topps Garden Place
MLS Listing ID 22122004
Year Built 1925
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Quadruplex
Property Description
5-unit investment property, 100% occupied and newly renovated. Appraisal value $490,000 June 2026 before rent increases. This turnkey opportunity currently generates $6035 per month with long-term tenants in place. Unit turns have been completed on all units, and the property features all new siding. Basement offers additional income potential through future laundry and/or tenant storage or building out additional units.
Location
State IN
County Marion
Interior
Heating Electric, Baseboard
Fireplace N
Building
Story One
Structure Type Aluminum Siding
New Construction false
Schools
School District Indianapolis Public Schools
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© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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