- Overview
- Description
- Property Details
- Location
- Getting Around
$525,000
12 Beds
4 Baths
--sqft
3539 N College Ave, Indianapolis, IN 46205
$525,000
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Quadruplex
Built in 1910
$-- HOA
6,400 sqft lot
--/sqft
Description
INVESTMENT opportunity! Purchase this 4-plex individually or with the neighboring 4-plex for added scale - 8 doors! 2025 cap rate near 6%. Each unit offers 3 bedrooms, 1 full bath, and an in-unit washer/dryer, with a mix of main-floor and upper-level layouts. This, plus the neighboring 4-plex property, has seen nearly $180K in improvements, including a roof replacement (2020), LVP flooring throughout, and extensive interior updates to kitchens, baths, paint, and drywall. Add this income-producing asset to your portfolio today.
- Houzeo last checked: 6 minutes ago
- Listing updated: May 28, 2026 at 7:18 am
- Listing Provided by: Kristin Glassburn (317) 513-4251 | @properties (317) 513-4251
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22089150
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1910
HOA Fees
-
Finished Area
- sqft
Lot Size
6,400 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22089150
MLS Status
Active
Days on Market
130
Cumulative Days on Market
67
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