Description

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.