5334 E Washington Street, Indianapolis, IN 46219
- $415,000
- $440,000
- $415,000
- $440,000
Description
Rare 5-unit multi-family investment opportunity in the desirable Irvington area! Ideally located on Washington Street, this property has a strong history of 100% occupancy and offers excellent upside potential. Each unit features 1 bed and 1 bath, with all units remodeled and updated. All leases are month-to-month, allowing for immediate rent increases to meet market rates. Tenants pay electricity; owner covers water, sewer, and gas. Each unit offers private covered porch or deck areas, and the property provides ample private parking in the rear. Property includes two 92% gas furnaces (2018), a gas water heater (2012), and refrigerators and stoves furnished by the seller, all newer within the last 10 years. The roof and decking have durable 30-year shingles. One unit is currently vacant and available for showings. Conveniently located near shops, dining, parks, and commuter routes, this is a rare opportunity to own a well-maintained, income-producing property in a high-demand area.
Address
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Address: 5334 E Washington Street
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City: Indianapolis
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State/county: IN
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Zip/Postal Code: 46219
Details
Updated on March 24, 2026 at 6:51 pm-
Property ID 22067095
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Price $415,000
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Land Area 0.25 Acres
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Garages 4
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Garage Size x x
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Year Built 1930
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Property Type Quadruplex, Residential Income
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Property Status Closed
Additional details
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Roof Shingle
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Heating Forced Air
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County Marion
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Property Type Residential Income
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Architectural Style Traditional
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