This income producing property houses four tenants in separate studios. Each unit has private entrance, bath, kitchen and living space. Currently 3/4 occupied. Rent varies with each unit but average just over $800 per month. Landlord pays all utilities with an average of approx. $323 per month. 48 hour notice for showings please. Buyer can view one of the 4 units and the others will be available for second showings. Property is classified as 2 units but has been reconfigured and being sold as a 4 plex.
Sold
$208,000
229 N Temple Ave, Indianapolis, IN 46201
4beds
4baths
--sqft
Multi Family, Quadruplex
Built in 1937
-- sqft lot
$209,700 Zestimate®
$--/sqft
$1,375 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 16, 2025 at 10:55am
Listing Provided by:
Brett Young Homeswithbrett@gmail.com,
eXp Realty, LLC
Bought with:
Clinton Sharp II
CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID,MLS#: 22016055

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Features
- Has basement: Yes
Property
Parking
- Parking features: Street Only
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,227 sqft
Details
- Parcel number: 491005209008000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Condition
- New construction: No
- Year built: 1937
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: A M Ogle Et Al East Park
Services availability
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Estimated market value
$209,700