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Street View
$425,000
Monthly Est:$2,115
6 Beds
4 Baths
--sqft
1602 E Vermont St, Indianapolis, IN 46201
$425,000
$2,115/moEst:
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Quadruplex
Built in 1910
$-- HOA
5,400 sqft lot
--/sqft
Description
Expand your investment portfolio with this well-maintained, brick-exterior fourplex! The property includes two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one efficiency unit. The larger 2-bedroom unit offers 1,225 square feet, its own washer and dryer, and central air. The second 2-bedroom unit offers 827 square feet, while the 1-bedroom unit offers 884 square feet. Shared basement laundry serves these two units and the efficiency unit. Improvements include replacement of the gas distribution system in 2021 and substantial roof replacement in 2023. Gross scheduled annual charges total $41,340. Ownership has historically prioritized tenant retention and minimal vacancy over maximizing rents, offering an opportunity to evaluate future rental growth. See attachments for lease details, utilities and additional improvements. Buyers should independently verify market rents and future rental potential. Please do not disturb tenants.
- Houzeo last checked: 6 minutes ago
- Listing updated: October 8, 2026 at 10:23 pm
- Listing Provided by: Michael Miller (317) 370-0189 | F.C. Tucker Company (317) 259-6000
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22130450
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1910
HOA Fees
-
Finished Area
- sqft
Lot Size
5,400 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22130450
MLS Status
Active
Days on Market
1
Cumulative Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Construction
Year Built
Year Built: 1910
Home type
Quadruplex
Roof
Asphalt
Construction Materials
Brick
Utilities & Energy
Laundry Features
Common Laundry, In Basement
Other Features
Tenant Pays
Electricity, Gas, Sewer, Water
Lot Features
Sidewalks
Subdivision Name
Sturm & Kollers
Price History
| Date | Event | Price |
|---|---|---|
10/08/2026 Source: | Listed for Sale | $425,000 -5.56% $0/sqft |
11/11/2025 Source: | Listing Removed | $450,000 $0/sqft |
09/05/2025 Source: | Price Decreased | $450,000 -3.23% $0/sqft |
08/18/2025 Source: | Price Decreased | $465,000 -4.12% $0/sqft |
08/04/2025 Source: | Price Decreased | $485,000 -2.02% $0/sqft |
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Based on information from MIBOR REALTOR® Association through Oct 09, 2026, 03:30AM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
Advertising Broker: Jonah Hartsburg | Hoosier Hub Realty