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3818 Central Avenue

Indianapolis, IN 46205
  • $700,000
  • STATUS: Active
  • ON SITE: 58 Days
  • MLS #: 22037069
UPDATED: 52 min ago
$700,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

School District:

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.

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© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Mike Price Realty Team - RE/MAX Centerstone.

Based on information submitted to the MLS GRID as of 2025-07-14T09:24:54.357. All data is obtained from various sources and may not have been verified by broker or 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.
Click here for MLS GRID DMCA Notice
www.mikepricerealestate.com/homes/163926182
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3818 Central Avenue Indianapolis, IN 46205

  • Price: $700,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 52 min ago
  • MLS #: 22037069
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1920
Built
Neighborhood:
No Subdivision
County:
Marion
Area:
4903 - Marion - Washington
School District:
Indianapolis Public Schools
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.
Exterior Features

Architectural Style Traditional Construction Materials Brick Levels Two Lot Information Not Applicable Road Access Not Applic Structure Type Apartment BuildingQuadruplex Unit Parking Parking Lot

Interior Features

Basement YN Yes

Property Features

Acres <1/4 Acre Building Utilities Separate Gas Meter Current Use Residential Dpr YN Yes Expenses 227902 Laundry Connections All New Construction YN No Number Of Units Total 4 Owner Pays InsuranceTaxesSewerAll Utilities Possession Closing Property Sub Type Quadruplex Semi Annual Property Tax Amt 1081 Solid Waste Yes Tax Year 2024 Tenant Pays Rent Only Township Washington Transaction Type Sale

Listing provided courtesy of Gardner Property Group: . © 2025 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Mike Price Realty Team - RE/MAX Centerstone.

Based on information submitted to the MLS GRID as of 2025-07-14T09:24:54.357. All data is obtained from various sources and may not have been verified by broker or 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.
Click here for MLS GRID DMCA Notice
 
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Plainfield IN, 46168