Description
Attention all investors! Located in one of Indy’s most up-and-coming corridors, 2623 East Michigan Street is surrounded by revitalization, new development, and long-term growth potential. This quadplex, featuring four 1 bed / 1 bath units, sits in a prime location that makes it a standout opportunity for strategic investors. The property is zoned for multifamily use, with special zoning that allows you the potential to add a fifth unit-unlocking even more value. A detached garage out back adds convenience and potential for additional income or parking flexibility. Whether you’re new to the game or a seasoned investor, this is the perfect chance to execute the BRRRR strategy-Buy, Rehab, Rent, Refinance, Repeat. With cosmetic updates still needed, this is your opportunity to force appreciation and turn this into a strong, cash-flowing asset. Don’t miss out on a quadplex with this much upside in one of Indy’s hottest redevelopment zones.
Address
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Address: 2623 E Michigan Street
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City: Indianapolis
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State/county: IN
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Zip/Postal Code: 46201
Details
Updated on September 18, 2025 at 12:12 pm-
Property ID 22038426
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Price $249,000
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Land Area 0.12 Acres
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Garages 3
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Garage Size x x
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Year Built 1900
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Property Type Quadruplex, Residential Income
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Property Status Closed
Additional details
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County Marion
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Property Type Residential Income
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Parking Alley Access,Detached
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