This quadruplex has 2 units on each floor and is conveniently located near Fountain Square and just minutes from downtown Indy. The building has 4 paved parking spots (rear of building) with additional street parking (front of building). Tenants currently have month to month leases and rent includes water/heat. Owner is selling 2 parcels together and does not want to separate. Please see MIBOR website for listing ID's #22078961 & #22078931.
Active
$375,000
2311 Shelby St, Indianapolis, IN 46203
3beds
2baths
--sqft
Multi Family, Quadruplex
Built in 1920
-- sqft lot
$358,800 Zestimate®
$--/sqft
$-- HOA
What's special
- 194 days |
- 113 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Tammy Douthitt 317-538-1042,
My Agent
Source: MIBOR as distributed by MLS GRID,MLS#: 22078961
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Property
Parking
- Details: Unit Parking(On Street, Parking Lot)
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 491019145003000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Condition
- New construction: No
- Year built: 1920
Community & HOA
Community
- Subdivision: Downeys
Location
- Region: Indianapolis
Financial & listing details
- Annual tax amount: $2,874
- Date on market: 1/8/2026
- Cumulative days on market: 196 days
- Tenant pays: Electricity
Estimated market value
$358,800
$341,000 - $377,000
$1,458/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Listing removed | $950 |
Source: Zillow Rentals Report a problem | ||
| 3/13/2026 | Listed for rent | $950 |
Source: Zillow Rentals Report a problem | ||
| 1/8/2026 | Listed for sale | $375,000 |
Source:  MIBOR as distributed by MLS GRID #22078961 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Garfield Park
Nearby schools
GreatSchools rating
- 3/10Eleanor Skillen Elementary School 34Grades: PK-5Distance: 0.2 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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