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  • $700,000

    55 W Fall Creek Pkwy, Indianapolis, IN 46208

    8beds
    4baths
    --sqft
    : 
    Multi Family, Quadruplex
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Solid brick constructionComfortable two-bedroom one-bathroom layoutsThoughtfully designed unitsConsistent floor plansWell-maintained grounds
    Welcome to this outstanding multi-family property nestled in one of Indianapolis'most desirable neighborhoods. This gem features four thoughtfully designed units, each offering comfortable two-bedroom, one-bathroom layouts perfect for residents seeking convenience and quality living. Situated in a vibrant community, this property enjoys proximity to numerous local amenities that tenants will appreciate. The beautiful George E. Kessler Park is just steps away, offering green spaces for outdoor recreation and relaxation. When hunger strikes, the renowned Goose The Market is within walking distance, providing specialty foods and groceries for culinary enthusiasts. Commuting is a breeze with the Meridian Street and Fall Creek/Ivy Tech Station nearby, connecting residents to the greater Indianapolis area. Families will value the property's location within reach of Herron High School, known for its exceptional academic programs. Investors will recognize the tremendous potential this four-unit building presents in Indianapolis ' growing rental market. The consistent floor plans across all units streamline maintenance and management, while the strategic location ensures strong tenant demand year-round. Whether you want to expand your real estate portfolio or seek your first multi-family investment, this property offers the perfect balance of location, functionality, and growth potential. The solid brick construction and well-maintained grounds represent the property's enduring value. Don't miss this opportunity to own a piece of Indianapolis real estate with excellent income potential in a neighborhood that continues to flourish!
    69 days
    on Zillow
    |
    264
    |
    10
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 07, 2025 at 04:09pm

    Listing Provided by:

    Jamie Suchotzky 317-551-9589,

    Red Hot, REALTORS LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22042809MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 55 W Fall Creek Pkwy.

    Next available tour time:Today at 11:30am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry Closet
    Features
    • Basement: Partial

    Property

    Parking
    • Details: Unit Parking(Parking Lot)
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,969.6 Square Feet
    • Features: Access
    Details
    • Parcel number: 490625134006000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Quadruplex
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1910

    Community & HOA

    Community
    • Security: Smoke Alarm
    • Subdivision: Rubens Wildwood
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $176,000
    • Annual tax amount: $5,374
    • Date on market: 6/3/2025
    • Tenant pays: All Utilities, Insurance
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