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$1,599,999
10 Beds
10 Baths
--sqft
1340 N Park Ave, Indianapolis, IN 46202
$1,599,999
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Quadruplex
Built in 1890
$-- HOA
14,441 sqft lot
--/sqft
Description
5 UNIT INVESTMENT BRINGING IN $13,100 A MONTH - FULLY LEASED, TURNKEY, AND POSITIONED FOR LONG-TERM APPRECIATION. 1340 N Park Ave is a heavily updated five-unit building located in the heart of the Old Northside, one of Indianapolis' most historic, walkable, and consistently appreciating neighborhoods. Producing $13,100 in monthly income ($157,200 annually), this stabilized asset delivers immediate cash flow with strong tenant demand and minimal operational lift. Each spacious residence offers two bedrooms and two bathrooms with updated kitchens, refreshed baths, modern layouts, and in-unit laundry hookups. The penthouse stands out with a private rooftop deck and downtown...
Continue Reading- Houzeo last checked: 4 hours ago
- Listing updated: May 18, 2026 at 2:29 pm
- Listing Provided by: Max Moore | @properties (317) 476-3338
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22075803
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1890
HOA Fees
-
Finished Area
- sqft
Lot Size
14,441 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22075803
MLS Status
Pending
Days on Market
263
Cumulative Days on Market
101
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