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$384,000
5 Beds
5 Baths
--sqft
1515 E Michigan St, Indianapolis, IN 46201
$384,000
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Quadruplex
Built in 1910
$-- HOA
6,403 sqft lot
--/sqft
Description
1515 E Michigan St is a well-maintained 5-unit multifamily investment opportunity located just minutes from downtown Indianapolis. The property sits in a strong rental corridor near Holy Cross, Arsenal Heights, Cottage Home, and the Mass Ave corridor, with continued residential and commercial development throughout the surrounding area. The front building consists of four units, with a fifth unit created from a converted garage, offering a functional and efficient unit mix attractive to long-term tenants. The current owner has consistently maintained the property during their ownership, supporting stable operations and long-term tenant retention. The property is primarily...
Continue Reading- Houzeo last checked: 5 hours ago
- Listing updated: July 30, 2026 at 10:10 pm
- Listing Provided by: Ashley Mullin (317) 760-2897 , Ryan Mullin | FS Houses LLC (317) 760-2897
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22091061
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1910
HOA Fees
-
Finished Area
- sqft
Lot Size
6,403 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22091061
MLS Status
Active
Days on Market
25
Cumulative Days on Market
1
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