3535 N College Avenue, Indianapolis, IN 46205
- $525,000
- List Price
- $525,000
- Price Change
- ▼ $25,000 1779970798
- MLS#
- 22089148
- Days on Market
- 131
- Status
- ACTIVE
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.
Additional Information
- Expenses
- 1080826
- Tenant Pays
- Electricity, Lawncare, Sewer, Water
- Owner Pays
- Insurance, Taxes, Other
- Stories
- Two
- Architecture
- Split Level
- Acres
- 0.15
- Heat
- Forced Air
- Cooling
- Window Unit(s)
- Region
- Center
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