Fully Occupied Fourplex Near Downtown - Excellent Investment Opportunity! This meticulously renovated fourplex offers a blend of modern amenities and classic charm. Excellent opportunity for an investor to take on an updated property for their portfolio. The property has undergone a comprehensive studs-in/out renovation, featuring new mechanical systems including electrical, HVAC, and plumbing and updated sump pump. The roof is less than one year old. Each unit boasts a fully equipped kitchen with a complete appliance package, including a washer and dryer. Additional upgrades include new bathrooms, updated flooring, windows, drywall finishes, and more. All units are separately metered for electric and gas, while water is on a shared meter. One unit also includes a finished basement, adding extra living space. Current rents range from $950 to $1,175 per month, offering substantial room for future rental growth. Situated in a prime location near downtown, with proximity to Woodruff Place, Emerson Heights, and Irvington, this property is poised for appreciation. Don't miss this incredible opportunity to maximize rental income in a rapidly developing area. Note: the vacant lot next door is not included in the sale. All units feature consistent, high-quality finishes throughout.
Active
Price cut: $45K (7/16)
$500,000
3739 E Market St, Indianapolis, IN 46201
2beds
1baths
--sqft
Est.:
Multi Family, Quadruplex
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Finished basementNew bathroomsModern amenitiesNew mechanical systemsClassic charmDrywall finishesHigh-quality finishes
- 319 days
- on Zillow |
- 238 |
- 12 |
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