4225 E Washington Street, Indianapolis, IN 46201
- $635,000
- List Price
- $635,000
- MLS#
- 22114269
- Status
- ACTIVE
- Days on Market
- 12
Property 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 4221 E Washington ST (Listing ID: 22114049) and 4223 E Washington St (Listing ID: 22114066) Current Construction Phase...all mechanicals are complete waiting on inspection.
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Additional Information
- Tenant Pays
- All Utilities
- Owner Pays
- Not Applic
- New Construction
- Yes
- Construction Stage
- Foundation In, Framed, Permit on File, Under Roof
- Est. Completion Date
- 10/01
- Foundation
- Block
- Stories
- Two
- Architecture
- Contemporary
- Exterior Amenities
- Lighting
- Acres
- 0.15
- Heat
- Electric, Forced Air, Heat Pump
- Cooling
- Central Air
- Financing
- Conventional, FHA
- Region
- Center
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Listing courtesy of Victory Realty Team.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative