Calling all investors or house hackers, this is your next big buy and hold opportunity, new construction 4-plex, estimated to be completed by 10/01/2026. Each unit features approximately 962 sq feet of living space, with 2 bedrooms and 1.5 baths per unit. This project being new construction, all you have to do is worry about cashing the rent checks for years to come, with no worries about big ticket repair items. This project is being built knowing there will be tenants so there will be no carpet, 1st and 2nd floor will have LVP and staircase will be a hardwood oak staircase. The kitchen will not have builder grade cabinets that easily fall apart with rentals, they will be all plywood construction, with soft close doors and drawers, granite countertops, double hung vinyl high efficient double pane windows. This home can also be purchased for a primary residence where you occupy one unit and renting the other 3 units, have the other 3 units pay your mortgage payment. This property can be purchased by itself or purchase the other two 4-plex properties right next door, 12 units in all for sale. Other addresses are 4221 E Washington ST (Listing ID: 22114049) and 4225 E Washington St (Listing ID: 22114269) Current Construction Phase...all mechanicals are complete waiting on inspection.
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Zillow last checked:
Listing updated:
Listed by:
Shane Burns317-833-2861,
Victory Realty Team
Source: MIBOR as distributed by MLS GRID,MLS#: 22114066
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Heating
Electric, Forced Air, Heat Pump
Cooling
Central Air, Heat Pump
Appliances
Laundry: Connections All, Upper Level
Features
Has basement: No
Property
Parking
Parking features: Alley Access
Details: Unit Parking(Other)
Features
Levels: Two
Stories: 2
Exterior features: Lighting
Lot
Size: 6,098 Square Feet
Details
Parcel number: 491004124027000101
Zoning: D8
Special conditions: Broker Owned
Construction
Type & style
Home type: MultiFamily
Architectural style: Contemporary
Property subtype: Multi Family, Quadruplex
Materials
Vinyl Siding
Foundation: Block
Roof: Asphalt
Condition
New Construction
New construction: Yes
Year built: 2026
Details
Builder name: Burns Realty Holding
Community & HOA
Community
Subdivision: Haywoods Boulevard
Location
Region: Indianapolis
Financial & listing details
Tax assessed value: $11,100
Annual tax amount: $264
Date on market: 7/15/2026
Cumulative days on market: 2 days
Tenant pays: All Utilities
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$896/mo
Price history
Date
Event
Price
7/15/2026
Listed for sale
$635,000+876.9%
Source: MIBOR as distributed by MLS GRID #22114066Report a problem
5/1/2026
Listing removed
$64,999
Source: MIBOR as distributed by MLS GRID #22061235Report a problem
1/15/2026
Pending sale
$64,999
Source: MIBOR as distributed by MLS GRID #22061235Report a problem
9/8/2025
Listed for sale
$64,999+8.3%
Source: MIBOR as distributed by MLS GRID #22061235Report 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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