This recently updated quadplex in Indianapolis presents a prime investment opportunity with strong rental potential. Each of the four units has been modernized with contemporary finishes, updated kitchens and bathrooms, making the property move-in ready and low-maintenance. Located in a rapidly developing area with easy access to downtown, major employers, and local amenities, this property is perfectly positioned to attract reliable tenants and generate steady cash flow. Whether you're a seasoned investor or just starting out, this turnkey asset offers both immediate income and long-term value in one of Indianapolis's most promising neighborhoods. Fully tenant occupied. Units 1,2 & 3 pay $700 base rent plus a $150 utility addendum. Unit 4 pays $1050 base rent + $225 utility addendum.
Sold
$225,000
4830 E Washington St, Indianapolis, IN 46201
5beds
5baths
--sqft
Multi Family, Quadruplex
Built in 1912
-- sqft lot
$228,000 Zestimate®
$--/sqft
$1,019 Estimated rent
Home value
$228,000
$212,000 - $244,000
$1,019/mo
Zestimate® history
Owner options
List your home for rent
$1,019/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,019/mo
Rent Zestimate®
Refinance and save
$1,487/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,487/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Modernized with contemporary finishesUpdated kitchens
Zillow last checked:
Listing updated:
Listing Provided by:
Richard Vinson 317-494-2279,
Trueblood Real Estate
Bought with:
Richard Vinson
Trueblood Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22044613
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Features
- Has basement: Yes
Property
Parking
- Total spaces: 1
- Details: Unit Parking(1 Car Garage)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,920 sqft
Details
- Parcel number: 491004103010000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Brick, Stone
- Foundation: Stone
Condition
- New construction: No
- Year built: 1912
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Moores Sub Blankenship
Other
Other facts
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2025 | Sold | $225,000-10% |
Source:  MIBOR as distributed by MLS GRID #22044613 Report a problem | ||
| 11/4/2025 | Pending sale | $250,000 |
Source: MIBOR as distributed by MLS GRID #22044613 Report a problem | ||
| 10/29/2025 | Price change | $250,000-12.3% |
Source: MIBOR as distributed by MLS GRID #22044613 Report a problem | ||
| 8/22/2025 | Pending sale | $285,000 |
Source: MIBOR as distributed by MLS GRID #22044613 Report a problem | ||
| 8/15/2025 | Listed for sale | $285,000 |
Source: MIBOR as distributed by MLS GRID #22044613 Report a problem | ||
| 7/28/2025 | Pending sale | $285,000 |
Source: MIBOR as distributed by MLS GRID #22044613 Report a problem | ||
| 7/23/2025 | Price change | $285,000-3.4% |
Source: MIBOR as distributed by MLS GRID #22044613 Report a problem | ||
| 6/27/2025 | Listed for sale | $295,000+75.6% |
Source: MIBOR as distributed by MLS GRID #22044613 Report a problem | ||
| 1/7/2022 | Sold | $168,000-16% |
Source: MIBOR as distributed by MLS GRID #21815562 Report a problem | ||
| 12/22/2021 | Pending sale | $200,000 |
Source: MIBOR as distributed by MLS GRID #21815562 Report a problem | ||
| 10/1/2021 | Price change | $200,000-7% |
Source: MIBOR as distributed by MLS GRID #21815562 Report a problem | ||
| 9/27/2021 | Listed for sale | $215,000+87% |
Source: MIBOR as distributed by MLS GRID #21815562 Report a problem | ||
| 6/16/2020 | Sold | $115,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,298 -2.5% | $140,900 +1.4% |
| 2024 | $3,382 -0.8% | $139,000 -2.5% |
| 2023 | $3,409 +17.2% | $142,600 -1.2% |
| 2022 | $2,909 +13.5% | $144,400 +14.5% |
| 2021 | $2,563 +12.8% | $126,100 +13.9% |
| 2020 | $2,273 +13.2% | $110,700 +15% |
| 2019 | $2,008 -40% | $96,300 +14.2% |
| 2018 | $3,347 -14.6% | $84,300 +5.4% |
| 2017 | $3,920 +209% | $80,000 +34.2% |
| 2016 | $1,269 +5.3% | $59,600 +7% |
| 2014 | $1,204 -5% | $55,700 +7.7% |
| 2013 | $1,267 | $51,700 -8.5% |
| 2012 | $1,267 | $56,500 -11.2% |
| 2011 | -- | $63,600 |
| 2010 | $1,322 -2.5% | $63,600 |
| 2009 | $1,355 | $63,600 +14.6% |
| 2007 | -- | $55,500 |
Find assessor info on the county website
Neighborhood: Near Eastside
Nearby schools
GreatSchools rating
- 3/10Ralph Waldo Emerson School 58Grades: PK-5Distance: 0.3 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.6 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.6 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$228,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$228,000
- Indiana
- Marion County
- Indianapolis
- 46201
- Near Eastside
- 4830 E Washington St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Indianapolis Topics
