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Listed by Kristin Glassburn • @properties
$ 400,000
Est. payment | /mo
9,147 Sqft Lot
$ 400,000
Est. payment | /mo
9,147 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Burton & Campbells Park Place Add
MLS Listing ID 22126251
Year Built 1900
Tax Year 2025
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Quadruplex
Property Description
FOURPLEX - All four units are 2 bed / 1 bath, with a mix of long-term and short-term income. Less than a mile from IU Health's new hospital opening in 2027, this is a great opportunity: value + transition from LTR to STR. Currently, units 1, 2, and 3 are leased long-term while unit 4 runs as a furnished successful rental! Tenants pay their own electric and gas, which are separately metered for each unit. Water and sewer are on one meter with bill back. Operating statements and pro forma available upon request.
Location
State IN
County Marion
Zoning D8
Interior
Heating Forced Air
Cooling Central Air, Separate Meters
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
View Downtown
Building
Story Two
Architectural Style Other
Structure Type Aluminum Siding
New Construction false
Schools
School District Indianapolis Public Schools
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