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Sold
  • $405,000

    323 N Arsenal Ave, Indianapolis, IN 46201

    4beds
    4baths
    --sqft
    Multi Family, Quadruplex
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $2,517 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,517/mo

    Zestimate® history
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    What's special

    TURNKEY QUADPLEX! Discover this prime investment opportunity at 323 N Arsenal Ave in Arsenal Heights, a highly desirable neighborhood on Indianapolis's east side, just minutes from downtown Indy and Highland Park. This well-maintained quadplex features four spacious 1-bedroom, 1-bathroom units, with two currently occupied generating reliable income of $1,000 and $895 per month, while the other two units stand vacant and ready for immediate tenant placement to boost your cash flow even further. All utilities are conveniently billed back to tenants through the leases, minimizing owner expenses and maximizing returns. Whether you're a savvy investor eyeing robust cash flow in a thriving, up-and-coming area or a house hacker aiming to live in one unit while renting out the rest to offset your mortgage, this property delivers the perfect blend of flexibility and profitability.

    Zillow last checked:

    Listing updated:

    Listed by:

    Trent Kiester 317-650-6289,

    @properties

    Bought with:

    Maurice Brown

    Berkshire Hathaway Home

    Source: MIBOR as distributed by MLS GRID,MLS#: 22061999MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Laundry: Other
    Features
    • Has basement: Yes

    Property

    Parking
    • Total spaces: 2
    • Parking features: Alley Access
    • Details: Unit Parking(On Street, 2 Car Space, Unpaved)
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 5,227 Square Feet
    • Features: Access, Busline, Sidewalks
    Details
    • Parcel number: 491006137003000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family, Quadruplex
    Materials
    • Vinyl Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1910

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: L A Wrights
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $209,700
    • Annual tax amount: $8,108
    • Date on market: 9/11/2025
    • Cumulative days on market: 44 days
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    11/27/2025Sold$405,000-7.9%
    Source: MIBOR as distributed by MLS GRID #22061999 Report a problem
    10/24/2025Pending sale$439,900
    Source: MIBOR as distributed by MLS GRID #22061999 Report a problem
    9/18/2025Price change$439,900-2%
    Source: MIBOR as distributed by MLS GRID #22061999 Report a problem
    9/11/2025Listed for sale$449,000+49.7%
    Source: MIBOR as distributed by MLS GRID #22061999 Report a problem
    6/9/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/1/2023Listed for rent$900
    Source: Zillow Rentals Report a problem
    11/29/2022Sold$300,000+0%
    Source: MIBOR as distributed by MLS GRID #21878007 Report a problem
    11/23/2022Pending sale$299,900
    Source: MIBOR as distributed by MLS GRID #21878007 Report a problem
    11/18/2022Listed for sale$299,900
    Source: MIBOR as distributed by MLS GRID #21878007 Report a problem
    9/27/2022Pending sale$299,900
    Source: MIBOR as distributed by MLS GRID #21878007 Report a problem
    9/20/2022Listed for sale$299,900+139.9%
    Source: MIBOR as distributed by MLS GRID #21878007 Report a problem
    11/28/2016Sold$125,000+47.1%
    Source: MIBOR as distributed by MLS GRID #21450553 Report a problem
    1/18/2012Sold$85,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,109 +66.1%$209,700 -38.6%
    2024$4,882 +88.6%$341,700 +66%
    2023$2,588 +15.2%$205,800 +87.8%
    2022$2,247 -0.4%$109,600 +12.5%
    2021$2,255 +2.4%$97,400
    2020$2,203 -0.9%$97,400 +4.4%
    2019$2,223 +13.2%$93,300
    2018$1,964 -32.1%$93,300 +4.2%
    2017$2,893 +49.8%$89,500 +5.8%
    2016$1,932 +2.7%$84,600 -2.8%
    2014$1,881 -3%$87,000
    2013$1,939 $87,000 +2%
    2012$1,939 $85,300 -1.4%
    2011-- $86,500
    2010$1,847 -2%$86,500
    2009$1,885 $86,500
    2007-- $86,500
    Find assessor info on the county website

    Neighborhood: Near Eastside

    Nearby schools

    GreatSchools rating
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