Prime cash-flowing quadplex located in Perry Township on Indy's quiet southside, offering two freestanding buildings-one triplex and one standalone unit. Three of the four units are currently rented, providing steady income with room to grow. Unit A is a 2-bedroom that was last rented for $1,135 and could be increased to $1,150-$1,200. Unit B is a 1-bedroom rented at $760 through 10/31/25, Unit C is a 1-bedroom rented at $640 through 9/30/25, and Unit D is a 1-bedroom rented at $900 through 4/30/26. Tenants pay their own gas and electric with separate meters, and the property runs on well and septic to reduce overhead. Located in a safe, desirable school district, this is a strong opportunity for investors looking for a high-yield, low-maintenance asset.
Pending
$325,000
5713 Bluff Rd, Indianapolis, IN 46217
5beds
4baths
--sqft
Est.:
Multi Family, Quadruplex
Built in 1929
-- sqft lot
$313,500 Zestimate®
$--/sqft
$-- HOA
What's special
Freestanding buildings
- 120 days
- on Zillow |
- 236 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: July 14, 2025 at 03:01pm
Listing Provided by:
Max Moore 317-476-3338,
@properties,
Kyle Hoffman,
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22032195

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: Connections All
Features
- Basement: Daylight,Unfinished
Property
Parking
- Parking features: Gravel
- Details: Unit Parking(Guest Parking, Unpaved)
Features
- Levels: One
- Stories: 1
Lot
- Size: 1.05 Acres
Details
- Parcel number: 491402122004000500
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Foundation: Block
Condition
- New construction: No
- Year built: 1929
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $232,300
- Annual tax amount: $5,260
- Date on market: 4/11/2025
- Road surface type: Asphalt
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