4830 E Washington Street, Indianapolis, IN 46201
  • $250,000
  • $285,000

Description

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. Fully tenant occupied. Units 1,2 & 3 pay $700 base rent plus a $150 utility addendum. Unit 4 pays $1050 base rent + $225 utility addendum.

  • Address: 4830 E Washington Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46201

Details

Updated on January 2, 2026 at 5:58 pm
  • Property ID 22044613
  • Price $250,000
  • Land Area 0.09 Acres
  • Garage Size x x
  • Year Built 1912
  • Property Type Quadruplex, Residential Income
  • Property Status Closed

Additional details

  • Cooling Window Unit(s)
  • Heating Forced Air,Natural Gas
  • County Marion
  • Property Type Residential Income
  • Architectural Style Split Level

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Preeti Chaggar

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