Do Real Estate on the Go!
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Do Real Estate on the Go!
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$429,999
4 Beds
- 2 Baths
--sqft
5115 Banbury Rd, Indianapolis, IN 46226
$429,999
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Quadruplex
Built in 1960
$-- HOA
21,998 sqft lot
--/sqft
Description
Income-Producing Quadplex Located in Marion County, this all-brick quadplex presents an outstanding value-add investment opportunity. Two of the four units are currently leased at 1,100 per month, providing immediate income, while the remaining two units are vacant and ready for rehab. This setup allows an investor to earn revenue from day one while renovating the vacant units to their own design, standards, and rent targets. The property sits on an expansive 21,998 square foot lot, offering potential for additional improvements and long-term growth. With solid brick construction and spacious layouts, the building provides a durable foundation for increasing rental ...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1960
HOA Fees
-
Finished Area
- sqft
Lot Size
21,998 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22072412
MLS Status
Active
Days on Market
30
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