Description

Location! Location! Location! Cash flow. Upside. This quadruplex sits just two blocks from the hottest area of downtown Indy, near Mass Ave and minutes from the vibrant Bottleworks District-placing tenants within walking distance of some of downtown Indianapolis’ best dining, entertainment, and nightlife. The property offers an ideal blend of stability and flexibility, with current rents ranging from $1,500-$1,850 per unit. The unit mix includes long-term tenants, furnished rentals, and clear potential to expand into short-term rentals for increased yield. Renovated in 2024, the building features refreshed flooring throughout, updated appliances, and modernized interiors with a clean, turnkey feel. Furnished units are included in the sale, providing immediate income without additional capital investment. Whether you’re looking for a strong performing asset today or a value-add play with STR upside, this is a rare opportunity in one of Indianapolis’ most sought-after rental corridors. Broker-owned property.