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Luxury Keys
323 N Arsenal Avenue, Indianapolis, IN 46201
- $405,000
- Sold Price
- $405,000
- List Price
- $439,900
- Closing Date
- Nov 27, 2025
- MLS#
- 22061999
- Days on Market
- 77
- Status
- SOLD
Property Description
TURNKEY QUADPLEX! Discover this prime investment opportunity at 323 N Arsenal Ave in Arsenal Heights, a highly desirable neighborhood on Indianapolis's east side, just minutes from downtown Indy and Highland Park. This well-maintained quadplex features four spacious 1-bedroom, 1-bathroom units, with two currently occupied generating reliable income of $1,000 and $895 per month, while the other two units stand vacant and ready for immediate tenant placement to boost your cash flow even further. All utilities are conveniently billed back to tenants through the leases, minimizing owner expenses and maximizing returns. Whether you're a savvy investor eyeing robust cash flow in a thriving, up-and-coming area or a house hacker aiming to live in one unit while renting out the rest to offset your mortgage, this property delivers the perfect blend of flexibility and profitability.
Additional Information
- Expenses
- 175
- Foundation
- Block
- Stories
- Two
- Architecture
- Traditional
- Acres
- 0.12
- Heat
- Forced Air
- Cooling
- None
- Region
- Center
Listing courtesy of Trent Kiester. @properties
Selling Office: Berkshire Hathaway Home.Mortgage Calculator
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.