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(317) 714-9580
Real Estate Company
933 N Ewing Street, Indianapolis, IN 46201
- $280,000
- List Price
- $280,000
- MLS#
- 22132400
- Status
- ACTIVE
- Days on Market
- 0
Property Description
Fantastic opportunity for investors to own a revenue-generating four-plex just minutes from downtown Indianapolis. Each unit offers 1 bedroom and 1 bathroom, with two of the four units currently leased through 2027, providing built-in stability and dependable income. The additional two units are currently vacant and ready for occupancy, offering immediate upside potential for increased cash flow. Many updates have been completed in all four units in the past two years, including new flooring, appliances, and fresh paint throughout. The vacant units are both move-in ready for a new tenant. Current monthly rental income totals $2310 for the two occupied units. Once all units are leased, total income has the potential to rise significantly, further enhancing the property's strong performance. The property's convenient location provides quick access to downtown Indianapolis, employment centers, shopping, dining, and entertainment. With stable long-term leases in place and room to increase income, this property is an excellent addition to any investor's portfolio. Tenants Rights Apply. As-Is.
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Additional Information
- Expenses
- 4200
- Tenant Pays
- Cable TV, Insurance
- Owner Pays
- All Utilities
- Basement
- Unfinished
- Foundation
- Block
- Stories
- One
- Architecture
- Bungalow
- Exterior Amenities
- Not Applicable
- Acres
- 0.10
- Heat
- Electric
- Cooling
- Window Unit(s)
- Financing
- Conventional
- Region
- Center
Listing courtesy of Luci Chalian. CENTURY 21 Scheetz
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.