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Listed by Patrick Gamache • eXp Realty, LLC
$169,900
Est. payment /mo
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision C E Reynolds North Tuxedo Add
MLS Listing ID 22121469
Year Built 1924
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Quadruplex
Property Description
Fully tenanted four-plex, actively generating $3,440 in gross monthly rent. With all four studio units currently occupied, investors can benefit from an established 2% rule, in rental income, without the initial vacancy and lease-up period. Owner pays utilities. An excellent opportunity for investors seeking a fully occupied multi-family property with strong income potential. Off-street parking available behind unit. Minutes from both Downtown and Irvington.
Location
State IN
County Marion
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Building
Foundation Block
New Construction false
Schools
School District Indianapolis Public Schools
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