This unique quadruplex in Butler Tarkington offers character, functionality, and investment opportunity all in one. The main house is full of timeless charm, featuring two stunning wood staircases, original built in shelving, and spacious living areas. With 4 large bedrooms and 4 full bathrooms, there's plenty of room to spread out. The updated kitchen shines with brand new cabinets and countertops. Access the 4th bedroom in the basement from inside the home or through the private side entrance. Enjoy a large covered front porch and a fully fenced yard, perfect for entertaining or letting pets play safely.Connected to the main home is a solid brick building housing three beautifully updated 1-bedroom, 1-bath apartments, featuring granite countertops and tiled showers and already leased!Whether you're looking for multi-generational living, house hacking, or a turn-key rental opportunity this property is one you don't want to miss!
Active
$649,999
4155 Graceland Ave, Indianapolis, IN 46208
7beds
7baths
--sqft
Est.:
Multi Family, Quadruplex
Built in 1915
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Fully fenced yardLarge covered front porchStunning wood staircasesGranite countertopsUpdated kitchenTiled showers
- 66 days
- on Zillow |
- 228 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: August 22, 2025 at 02:44pm
Listing Provided by:
Alexandria Heygood 317-964-3643,
Highgarden Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22046971

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
Property
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 490614115006000801
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Condition
- New construction: No
- Year built: 1915
Community & HOA
Community
- Subdivision: Lattas North Capitol Ave
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $132,200
- Annual tax amount: $3,300
- Date on market: 6/25/2025
- Cumulative days on market: 38 days
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