3716–3718 E Market St, Indianapolis, IN 46201
?? Quadplex | 4 x 1 bed / 1 bath units
?? 1,480 sqft total | Lot: 5,663 sqft | Yr Built: 1925
Current Annual Gross Rents: $49,020
Current Rents:
$1050
$1100
$985
$950
??? 2 rear units have basement acccess - basement value-add by adding additional bedroom(s)
??? Occupancy: 100% | Owner-paid utils now (sub-meters for tenant-pay upside)
?? Section 8/VA eligible – recession-proof, low vacancy
?? Expenses (Est. 30%): $15,840/yr (proforma; drops post sub-meters)
?? DSCR Estimate: ~1.48 (at full rents)
?? Cash-on-Cash ROI: ~20% (20% down, DSCR loan, 7.5% int.)
?? Near Eastside Indy
? Core-plus opportunity | Immediate flow + easy adds | Ideal DSCR/1031 buy
Please call/text to get additional photos, details and to schedule a walk-thru.
Amanda: 317-760-3254
Jamie: 317-610-9834
For sale by owner
$255,000
3716 E Market St, Indianapolis, IN 46201
4beds
740sqft
MultiFamily
Built in 1925
-- sqft lot
$-- Zestimate®
$345/sqft
$-- HOA
Overview
- 35 days
- 327
- 31
Listed by:
Property Owner (317) 760-3254
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Other
Cooling
- None
Features
- Basement: Unfinished
Interior area
- Total interior livable area: 740 sqft
Property
Parking
- Parking features: None, Garage
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 491005133003000101
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1925
Community & HOA
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $345/sqft
- Tax assessed value: $207,300
- Annual tax amount: $1,960
- Date on market: 9/8/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,004/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Listed for sale | $260,000-28.8%$351/sqft |
Source: Owner Report a problem | ||
| 2/20/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/22/2025 | Listed for sale | $365,000+7.7%$493/sqft |
Source: Owner Report a problem | ||
| 10/2/2025 | Listing removed | $339,000$458/sqft |
Source:  MIBOR as distributed by MLS GRID #22037431 Report a problem | ||
| 5/30/2025 | Price change | $339,000-2.9%$458/sqft |
Source: MIBOR as distributed by MLS GRID #22037431 Report a problem | ||
| 5/9/2025 | Listed for sale | $349,000+45.4%$472/sqft |
Source: MIBOR as distributed by MLS GRID #22037431 Report a problem | ||
| 3/1/2024 | Sold | $240,000+177.5%$324/sqft |
Source: Public Record Report a problem | ||
| 6/7/2023 | Sold | $86,500$117/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,960 +10.9% | $207,300 +151% |
| 2024 | $1,767 -3.3% | $82,600 +10.9% |
| 2023 | $1,827 +39.2% | $74,500 -3.7% |
| 2022 | $1,313 +79.3% | $77,400 +36% |
| 2021 | $732 +6.1% | $56,900 +85.3% |
| 2020 | $690 +3.1% | $30,700 +8.1% |
| 2019 | $669 +3.5% | $28,400 +4.4% |
| 2018 | $646 +2.9% | $27,200 +2.3% |
| 2017 | $628 +19.8% | $26,600 +9% |
| 2016 | $524 +12% | $24,400 +16.7% |
| 2014 | $468 -13.3% | $20,900 -7.1% |
| 2013 | $539 | $22,500 -1.3% |
| 2012 | $539 | $22,800 +8.6% |
| 2011 | -- | $21,000 |
| 2010 | $459 -1.6% | $21,000 |
| 2009 | $466 | $21,000 +56.7% |
| 2007 | -- | $13,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Near Eastside
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MLS ID #22129664, Elizabeth Cottler, Ala Carte Realty. MIBOR as distributed by MLS GRID
