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$290,000
1 Bed
1 Bath
--sqft
3614 E Washington St, Indianapolis, IN 46201
$290,000
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Quadruplex
Built in 1925
$-- HOA
12,000 sqft lot
--/sqft
Description
Turnkey 6-unit multifamily offered at $290,000. Six studio units with stable tenants and consistent in-place rents. Current monthly gross: $4,207 ($50,484 annually). Rents include three units at $680/month, one at $340 biweekly ($737/month), one at $300 biweekly ($650/month), and one at $180/week (~$780/month). Owner currently pays utilities. Estimated annual expenses: ~$7,056. Approximate NOI: $43,428. Strong return profile with solid in-place income. Buyer to verify all financials. Off-street parking. Located on Washington Street with access to shopping and public transportation. Stabilized, income-producing asset with consistent cash flow. No showings without...
Continue Reading- Houzeo last checked: 32 Minutes ago
- Listing updated: April 13, 2026 at 7:04 pm
- Listing Provided by: Tasheana Hanza | Hanza Realty, LLC (317) 800-4438
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22045368
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1925
HOA Fees
-
Finished Area
- sqft
Lot Size
12,000 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22045368
MLS Status
Active
Days on Market
373
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