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Listed price in listed location currency (USD).
$519,000

000

MLS® 22090573

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 36
Lot Size 
Approx. Age 1910
MLS® Number 22090573

Property Address: 448 N State Ave, Indianapolis, IN, 46201-3069

Average square foot calculated using Size range provided by listing agent.

Description

Investor Opportunity - Turnkey Fourplex Near Downtown Indianapolis Well-maintained fourplex located in the rapidly developing Near Eastside, just minutes from downtown Indianapolis, Bottleworks District, and Mass Ave. This income-producing property features four spacious units, offering a strong blend of current cash flow and upside potential. Three units are currently leased, providing immediate income, while one unit is vacant and ready for a new tenant, allowing the next owner to lease at current market rates or occupy. Ideal for investors seeking a stabilized asset with room to increase rents, or for an owner-occupant looking to house hack while generating rental income. Each unit offers functional layouts with generous living space and consistent tenant appeal. Property benefits from its proximity to major employers, hospitals, dining, and entertainment, supporting strong rental demand in the area. Whether you're expanding your portfolio or entering the multifamily space, this property presents a solid opportunity in one of Indianapolis' most active growth corridors.
MLS® Number22090573
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
BasementExterior Entry
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 22, 2026List Date
$519,000List Price
Aug 28, 2024End Date
$455,000Sold Price

Sold

Jul 15, 2024List Date
$475,000List Price
  • Commute

Commute

Starting Address
Destination Address
448 N State Ave, Indianapolis, IN

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