Welcome to 4811 E Michigan Street. Turn-key cash flow in the heart of Indy! This income-producing 4-unit property offers the opportunity to bringing in approx. $3,300/month when fully occupied, exceeding the coveted 1% rule and offering instant return from day one. All tenants are month-to-month, giving a buyer immediate flexibility whether to continue cash-flowing or reposition rents for even greater returns. Each unit is separately metered, and tenants pay their own utilities, keeping operating expenses low. The lower level offers the potential for a fifth unit, additional storage or separate laundry area for the tenants. This home is perfect for new or seasoned investors alike a rare opportunity to own a stabilized, cash-flowing asset with built-in upside in Indianapolis.
Active
$290,000
4811 E Michigan St, Indianapolis, IN 46201
5beds
4baths
--sqft
Est.:
Multi Family, Quadruplex, Apartment
Built in 1925
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 6 days |
- 145 |
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