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Listed by Cory Gardner • Gardner Property Group
$ 1,050,000
Est. payment | /mo
6,098 Sqft Lot
$ 1,050,000
Est. payment | /mo
6,098 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Subdivision Allen & Roots North
MLS Listing ID 22037061
Year Built 1950
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Fourplex
Property Description
This STR portfolio is comprised of four properties totaling 16 rentable units. This is a quadplex with four units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of included green space to add units offer multiple investment strategies.
Location
State IN
County Marion
Interior
Cooling Separate Meters
Fireplace N
Exterior
Garage Spaces 2.0
Building
Story Two
Foundation Brick
Architectural Style Craftsman
Structure Type Wood
New Construction false
Schools
School District Indianapolis Public Schools
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