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Listed by Cory Gardner • Gardner Property Group
$ 700,000
Est. payment | /mo
8,712 Sqft Lot
$ 700,000
Est. payment | /mo
8,712 Sqft Lot
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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Denise Wilson
REALTOR® | Lic# RB14030234
8310 Allison Point Blvd Suite 201, Indianapolis, IN, 46250, USA