Description

Fantastic opportunity for investors to own a revenue-generating four-plex just minutes from downtown Indianapolis. Each unit offers 1 bedroom and 1 bathroom, with three of the four units currently leased through 2026, providing built-in stability and dependable income. The fourth unit is vacant and ready for occupancy, offering immediate upside potential for increased cash flow. Recent updates have been completed in three units, including new flooring, appliances, and fresh paint throughout. The vacant unit is one of the recently renovated spaces, making it move-in ready for a new tenant. Current monthly rental income totals $3,577 with the three occupied units. Once the vacant unit is leased, total income has the potential to rise significantly, further enhancing the property’s strong performance. The property’s convenient location provides quick access to downtown Indianapolis, employment centers, shopping, dining, and entertainment. With stable long-term leases in place and room to increase income, this property is an excellent addition to any investor’s portfolio. Tenants Rights Apply.