4830 E Washington Street, Indianapolis, IN 46201

$225,000

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Sold Price
$225,000
List Price
$250,000
Closing Date
Dec 31, 2025
MLS#
22044613
Days on Market
197
Status
SOLD

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. Fully tenant occupied. Units 1,2 & 3 pay $700 base rent plus a $150 utility addendum. Unit 4 pays $1050 base rent + $225 utility addendum.

Additional Information

Expenses
675
Foundation
Stone
Stories
Two
Architecture
Split Level
Acres
0.09
Heat
Forced Air, Natural Gas
Cooling
Window Unit(s)
Region
Center

Listing courtesy of Richard Vinson. Trueblood Real Estate

Selling Office: Trueblood Real Estate.

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.