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$270,000
5 Beds
4 Baths
--sqft
4811 E Michigan St, Indianapolis, IN 46201
$270,000
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Multi Family
Built in 1925
$-- HOA
6,000 sqft lot
--/sqft
Description
Welcome to 4811 E Michigan Street. Turn-key cash flow in the heart of Indy! This income-producing 4-unit property offers the opportunity to bringing in approx. $3,300/month when fully occupied, exceeding the coveted 1% rule and offering instant return from day one. All tenants are month-to-month, giving a buyer immediate flexibility whether to continue cash-flowing or reposition rents for even greater returns. Each unit is separately metered, and tenants pay their own utilities, keeping operating expenses low. The lower level offers the potential for a fifth unit, additional storage or separate laundry area for the tenants. This home is perfect for new or seasoned investo...
Continue Reading- Houzeo last checked: 49 Minutes ago
- Listing updated: December 10, 2025 at 11:31 am
- Listing Provided by: Justin Wade | BLK Key Realty (317) 358-7049
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22073146
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1925
HOA Fees
-
Finished Area
- sqft
Lot Size
6,000 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22073146
MLS Status
Active
Days on Market
32
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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