• Property Type
  • Quadruplex, Residential Income
  • Sqft
  • Area Size
4221 E Washington Street, Indianapolis, IN 46201
  • $635,000

Description

Calling all investors or house hackers, this is your next big buy and hold opportunity, new construction 4-plex, estimated to be completed by 10/01/2026. Each unit features approximately 962 sq feet of living space, with 2 bedrooms and 1.5 baths per unit. This project being new construction, all you have to do is worry about cashing the rent checks for years to come, with no worries about big ticket repair items. This project is being built knowing there will be tenants so there will be no carpet, 1st and 2nd floor will have LVP and staircase will be a hardwood oak staircase. The kitchen will not have builder grade cabinets that easily fall apart with rentals, they will be all plywood construction, with soft close doors and drawers, granite countertops, double hung vinyl high efficient double pane windows. This home can also be purchased for a primary residence where you occupy one unit and renting the other 3 units, have the other 3 units pay your mortgage payment. This property can be purchased by itself or purchase the other two 4-plex properties right next door, 12 units in all for sale. Other addresses are 4223 and 4225 E Washington St Current Construction Phase…all mechanicals are complete waiting on inspection.

  • Address: 4221 E Washington Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46201

Details

Updated on July 14, 2026 at 6:56 pm
  • Property ID 22114049
  • Price $635,000
  • Land Area 0.14 Acres
  • Garage Size x x
  • Year Built 2026
  • Property Type Quadruplex, Residential Income
  • Property Status Active

Additional details

  • Roof Asphalt
  • Cooling Central Air,Heat Pump
  • Heating Electric,Forced Air,Heat Pump
  • County Marion
  • Property Type Residential Income
  • Parking Alley Access,Assigned
  • Architectural Style Contemporary

Features

Mortgage Calculator

Contact Information

View Listings
Preeti Chaggar

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare