Covered front porchRear parkingPrivate rear patioNewer appliancesGranite kitchen countertops
This beautifully remodeled quadraplex offers an exceptional investment opportunity in the heart of popular Fountain Square. The property features two spacious 2-bedroom, 2-bath units and two well-appointed 1-bedroom, 1-bath units, all thoughtfully updated with granite kitchen countertops, newer appliances, and stackable washer and dryer units in each apartment. The lower-level 2-bedroom, 2-bath units each offer a covered front porch, private rear patio, a small yard/green space area, and rear parking, adding additional appeal for tenants or owner-occupants alike. Three of the four units are currently leased, providing immediate income potential. Whether you choose to owner-occupy one unit while allowing the others to offset your mortgage, add a strong cash-flowing asset to your portfolio, or explore short-term rental opportunities for additional income, this property offers excellent flexibility and upside. Ideally located within walking distance to Fountain Square's restaurants, entertainment, and attractions, the property also offers convenient access to downtown Indianapolis, Eli Lilly, and major downtown events.
59 days
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162
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13
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Zillow last checked:
Listing updated:
Listed by:
Marissa Bryant317-418-8912,
Highgarden Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22102398
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Features
Has basement: Yes
Property
Features
Fencing: Fenced,Full
Lot
Size: 6,098 Square Feet
Details
Parcel number: 491113102008000101
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Quadruplex
Attached to another structure: Yes
Condition
New construction: No
Year built: 1880
Community & HOA
Community
Subdivision: Barth
Location
Region: Indianapolis
Financial & listing details
Tax assessed value: $238,300
Annual tax amount: $5,588
Date on market: 5/15/2026
Cumulative days on market: 61 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
5/15/2026
Listed for sale
$650,000+14%
Source: MIBOR as distributed by MLS GRID #22102398Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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