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Listed price in listed location currency (USD).
$345,000

000

MLS® 22117283

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 58
Lot Size 0.15 Acres
Approx. Age 1900
MLS® Number 22117283

Property Address: 2438 E Washington St, Indianapolis, IN, 46201-4168

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

Description

Check out this investment opportunity in Indianapolis' Eastside! This four-unit multifamily property at 2438 E. Washington Street offers immediate income potential with one unit currently leased at $850 per month and three additional units vacant and rent-ready, providing the perfect opportunity for an owner-operator or investor to place tenants at current market rates. The property features one bed units with two units on the main level and two units on the upper level. Residents enjoy in-unit air conditioning, on-site laundry facilities, off-street parking, and owner-operator enjoys the convenience of a dedicated basement mechanical room for streamlined maintenance and operations. Located along the East Washington Street corridor, this property provides easy access to downtown Indianapolis, major employers, public transportation, and nearby amenities. Tenants will appreciate proximity to the vibrant neighborhoods of Irvington and Downtown Indianapolis, along with quick access to shopping, dining, parks, entertainment, and major commuter routes including I-70 and I-65. Whether you're looking to expand your portfolio or acquire a value-add asset with immediate upside, this quadplex offers the rare combination of existing cash flow, vacancy-driven income growth, and a highly accessible location.
MLS® Number22117283
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

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