3535 N College Avenue, Indianapolis, IN 46205
  • $550,000
  • $550,000

Description

INVESTMENT opportunity! Purchase this 4-plex individually or with the neighboring 4-plex for added scale – 8 doors! 2025 cap rate near 6%. Each unit offers 3 bedrooms, 1 full bath, and an in-unit washer/dryer, with a mix of main-floor and upper-level layouts. This plus the neighboring 4-plex property, has seen nearly $180K in improvements, including a roof replacement (2020), LVP flooring throughout, and extensive interior updates to kitchens, baths, paint, and drywall. Add this income-producing asset to your portfolio today.

  • Address: 3535 N College Avenue
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46205
  • Area: Hasselman Place

Details

Updated on March 23, 2026 at 7:18 pm
  • Property ID 22089148
  • Price $550,000
  • Land Area 0.15 Acres
  • Garage Size x x
  • Year Built 1910
  • Property Type Quadruplex, Residential Income
  • Property Status Active

Additional details

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

Mortgage Calculator

Video

Contact Information

View Listings
Preeti Chaggar

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare