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  • $700,000

    3818 Central Ave, Indianapolis, IN 46205

    8beds
    4baths
    --sqft
    : 
    Multi Family, Quadruplex, Apartment
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This STR portfolio is comprised of four properties totaling 16 rentable units. This is a quadplex with 4 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.
    97 days
    on Zillow
    |
    1,181
    |
    87
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 11, 2025 at 01:33pm

    Listing Provided by:

    Cory Gardner 260-705-7325,

    Gardner Property Group

    Source: MIBOR as distributed by MLS GRID,MLS#: 22037069MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 3818 Central Ave.

    Next available tour time:Today at 3pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Main level bathrooms: 8
    Appliances
    • Laundry: Connections All
    Features
    • Has basement: Yes

    Property

    Parking
    • Details: Unit Parking(Parking Lot)
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 8,712 Square Feet
    • Features: Not Applicable
    Details
    • Parcel number: 490613118014000801

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family, Quadruplex, Apartment
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1920

    Community & HOA

    Community
    • Subdivision: No Subdivision
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $314,600
    • Annual tax amount: $2,162
    • Date on market: 5/16/2025
    • Tenant pays: Rent Only
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