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  • $635,000

    4223 E Washington St, Indianapolis, IN 46201

    2beds
    2baths
    --sqft
    : 
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    Multi Family, Quadruplex
    Built in 2026
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Granite countertopsHardwood oak staircase
    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.
    8 hours
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    31
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    3
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    Zillow last checked:

    Listing updated:

    Listed by:

    Shane Burns 317-833-2861,

    Victory Realty Team

    Source: MIBOR as distributed by MLS GRID,MLS#: 22114066MLS Logo

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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

        Not available

        Estimated sales range

        Not available

        $896/mo

        Price history

        DateEventPrice
        7/15/2026Listed for sale$635,000+876.9%
        Source: MIBOR as distributed by MLS GRID #22114066 Report a problem
        5/1/2026Listing removed$64,999
        Source: MIBOR as distributed by MLS GRID #22061235 Report a problem
        1/15/2026Pending sale$64,999
        Source: MIBOR as distributed by MLS GRID #22061235 Report a problem
        9/8/2025Listed for sale$64,999+8.3%
        Source: MIBOR as distributed by MLS GRID #22061235 Report a problem
        10/6/2021Listing removed--
        Source: Carpenter Realtors Report a problem
        8/4/2021Price change$60,000-31.4%
        Source: Carpenter Realtors #21787572 Report a problem
        6/8/2021Price change$87,500-75%
        Source: Carpenter Realtors #21787572 Report a problem
        5/26/2021Listed for sale$350,000+39900%
        Source: Carpenter Realtors #21787572 Report a problem
        1/30/2014Sold$875
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$263 -14.4%$11,100
        2024$308 -0.2%$11,100
        2023$309 -6.3%$11,100
        2022$329 +147.1%$11,100
        2021$133 -1.8%$11,100 +146.7%
        2020$136 -3%$4,500
        2019$140 -38.3%$4,500
        2018$227 +48.3%$4,500
        2017$153 +54.3%$4,500
        2016$99 +1.9%$4,500
        2014$97 -3.6%$4,500
        2013$101 $4,500
        2012$101 $4,500 -51.1%
        2011-- $9,200
        2010$191 -2.5%$9,200
        2009$196 $9,200
        2007-- $9,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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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        Climate risks

        Neighborhood: Christian Park

        Getting around

        51 / 100
        Somewhat Walkable
        40 / 100
        Some Transit
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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