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Listed by Kristin Glassburn • @properties
$550,000
Est. payment /mo
6,534 Sqft Lot
Active
3535 N College AVE Indianapolis, IN 46205
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Hasselman Place
MLS Listing ID 22089148
Year Built 1910
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Quadruplex
Property Description
INVESTMENT opportunity! Purchase this 4-plex individually or with the neighboring 4-plex for added scale - 8 doors! 2025 cap rate near 6%. Each unit offers 3 bedrooms, 1 full bath, and an in-unit washer/dryer, with a mix of main-floor and upper-level layouts. This plus the neighboring 4-plex property, has seen nearly $180K in improvements, including a roof replacement (2020), LVP flooring throughout, and extensive interior updates to kitchens, baths, paint, and drywall. Add this income-producing asset to your portfolio today.
Location
State IN
County Marion
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
View Downtown
Building
Story Two
Architectural Style Split Level
Structure Type Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools
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