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Listed price in listed location currency (USD).
$2,740,000

004

MLS® 22096856

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage Yes
Taxes 
Days Active 0
Lot Size 
Approx. Age 
MLS® Number 22096856

Property Address: 5918 Devington Rd, Indianapolis, IN, 46226-2375

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

Description

Rare opportunity to acquire a professionally managed, income-producing multi-family portfolio on Indianapolis' east side. The Devington Acres Portfolio comprises 8 buildings and 37 residential units, offering an investor immediate scale, built-in diversification, and operational efficiency from day one. Featuring a mix of predominantly two-bedroom units and some one-bedroom units, generating strong gross scheduled rent across the portfolio. Units are well-maintained with ongoing updates, making this a true turnkey acquisition. Located in a well-established neighborhood with consistent rental demand at attainable price points, the portfolio includes private parking, on-site and in-unit laundry across various buildings, garage income at select properties, and utility reimbursement structures that help offset owner-paid expenses. Whether you're an experienced portfolio investor or looking to scale quickly, Devington Acres delivers the infrastructure, cash flow, and professional oversight to support your goals from closing day forward. Offered as one complete investment package. Financials and due diligence materials available upon request.
MLS® Number22096856
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementPartially Finished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 1, 2026List Date
$2,740,000List Price

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