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Listed price in listed location currency (USD).
$415,000
$425,000

000

MLS® 22054992

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes 
Lot Size 0.14 acres
Approx. Age 1910
MLS® Number 22054992

Property Address: 546 Eastern Ave, Indianapolis, IN, 46201-2112

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

Description

This cash-flowing quadruplex is an excellent investment opportunity in the St Clair Place area! With one unit being vacant and recently renovated to be move-in ready, this could be a perfect house hack for someone who wants to live in one side and let the other three units pay their mortgage or for the savvy investor who wants to enjoy steady cashflow and a healthy cap rate. These (four) 1 bedroom/1 bathroom units bring in an annual gross income of $42, 000 (using the rent potential for the updated vacant unit) and have great tenants who are current on and timely with rent. There are two main level units and two upper units; Unit D on the main level has just been updated with new carpet, new luxury vinyl plank flooring, and fresh, crisp paint on the walls and trim and is available for showings. The off-street parking in the back lot is a big plus for renters, and each unit has its own laundry connection, oven/range and refrigerator. This investment is a great chance for ease of ownership and stable cashflow with growth potential in a gentrifying area!
MLS® Number22054992
Laundry LevelConnections All, Laundry Room
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageNo
Approx. Age1910
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

Aug 14, 2025End Date
$415,000Sold Price

Sold

Aug 5, 2025List Date
$425,000List Price
May 29, 2024End Date
$385,000Sold Price

Sold

May 13, 2024List Date
$399,000List Price
Jun 4, 2024End Date
$729Sold Price

Leased

Apr 16, 2024List Date
$729List Price

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