Description

This beautifully remodeled quadraplex offers an exceptional investment opportunity in the heart of popular Fountain Square. The property features two spacious 2-bedroom, 2-bath units and two well-appointed 1-bedroom, 1-bath units, all thoughtfully updated with granite kitchen countertops, newer appliances, and stackable washer and dryer units in each apartment. The lower-level 2-bedroom, 2-bath units each offer a covered front porch, private rear patio, a small yard/green space area, and rear parking, adding additional appeal for tenants or owner-occupants alike. Three of the four units are currently leased, providing immediate income potential. Whether you choose to owner-occupy one unit while allowing the others to offset your mortgage, add a strong cash-flowing asset to your portfolio, or explore short-term rental opportunities for additional income, this property offers excellent flexibility and upside. Ideally located within walking distance to Fountain Square’s restaurants, entertainment, and attractions, the property also offers convenient access to downtown Indianapolis, Eli Lilly, and major downtown events.