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Pending
  • Price cut: $10K (7/23)
    $285,000

    4830 E Washington St, Indianapolis, IN 46201

    5beds
    5baths
    --sqft
    : 
    Multi Family, Quadruplex
    Built in 1912
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modernized with contemporary finishesUpdated kitchens
    This recently updated quadplex in Indianapolis presents a prime investment opportunity with strong rental potential. Each of the four units has been modernized with contemporary finishes, updated kitchens and bathrooms, making the property move-in ready and low-maintenance. Located in a rapidly developing area with easy access to downtown, major employers, and local amenities, this property is perfectly positioned to attract reliable tenants and generate steady cash flow. Whether you're a seasoned investor or just starting out, this turnkey asset offers both immediate income and long-term value in one of Indianapolis's most promising neighborhoods. Units 2, 3 & 4 are tenant occupied. Unit 2 pays $700 base rent plus a $150 utility addendum. Unit 4 pays $1050 base rent + $225 utility addendum. Unit 3 pays $700 base rent plus a $150 utility addendum. Unit 1 is currently vacant with an approved applicant moving in 8/15 that will be paying $700/month + $150 utility addendum.
    36 days
    on Zillow
    |
    363
    |
    40
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 28, 2025 at 09:22am

    Listing Provided by:

    Richard Vinson 317-494-2279,

    Trueblood Real Estate

    Source: MIBOR as distributed by MLS GRID,MLS#: 22044613MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Window Unit(s)
    Features
    • Has basement: Yes
    Video & virtual tour

    Property

    Parking
    • Total spaces: 1
    • Details: Unit Parking(1 Car Garage)
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 3,920.4 Square Feet
    Details
    • Parcel number: 491004103010000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Quadruplex
    Materials
    • Brick, Stone
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1912

    Community & HOA

    Community
    • Subdivision: Moores Sub Blankenship
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $139,000
    • Annual tax amount: $3,410
    • Date on market: 6/27/2025
    • Road surface type: Asphalt
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