3818 Central AVE new

Indianapolis,IN 46205

$ 700000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 22037069

Year Built 1920

Tax Year 2024

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Fourplex

Property Description

This STR portfolio is comprised of four properties totaling 16 rentable units. This is a quadplex with 4 units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of included green space to add units offer multiple investment strategies.

Location

State IN

County Marion

Interior

Fireplace N

Building

Story Two

Architectural Style TraditonalAmerican

Structure Type Brick

New Construction false

Schools

School District Indianapolis Public Schools

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