This cash-flowing quadruplex is an excellent investment opportunity in the St Clair Place area! With one unit being vacant and recently renovated to be move-in ready, this could be a perfect house hack for someone who wants to live in one side and let the other three units pay their mortgage or for the savvy investor who wants to enjoy steady cashflow and a healthy cap rate. These (four) 1 bedroom/1 bathroom units bring in an annual gross income of $42,000 (using the rent potential for the updated vacant unit) and have great tenants who are current on and timely with rent. There are two main level units and two upper units; Unit D on the main level has just been updated with new carpet, new luxury vinyl plank flooring, and fresh, crisp paint on the walls and trim and is available for showings. The off-street parking in the back lot is a big plus for renters, and each unit has its own laundry connection, oven/range and refrigerator. This investment is a great chance for ease of ownership and stable cashflow with growth potential in a gentrifying area!
Sold
$415,000
546 Eastern Ave, Indianapolis, IN 46201
4beds
4baths
--sqft
Multi Family, Quadruplex
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$2,521 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,521/mo
Zestimate® history
Owner options
List your home for rent
$2,521/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,521/mo
Rent Zestimate®
Refinance and save
$2,588/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,588/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
Off-street parkingMove-in readyLaundry connection
Zillow last checked:
Listing updated:
Listing Provided by:
Elizabeth Ewbank 317-258-7019,
Highgarden Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22054992
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Main level bathrooms: 4
Appliances
- Laundry: Connections All, Laundry Room
Features
- Has basement: Yes
Property
Parking
- Parking features: Detached
- Details: Unit Parking(Parking Lot, Unpaved)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,098 sqft
Details
- Parcel number: 491005153043000101
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Quadruplex
- Attached to another structure: Yes
Materials
- Aluminum Siding
Condition
- New construction: No
- Year built: 1910
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Indianapolis
- Subdivision: Holtman & Topps
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2025 | Sold | $415,000-2.4% |
Source:  MIBOR as distributed by MLS GRID #22054992 Report a problem | ||
| 8/16/2025 | Pending sale | $425,000 |
Source: MIBOR as distributed by MLS GRID #22054992 Report a problem | ||
| 8/6/2025 | Listed for sale | $425,000+10.4% |
Source: MIBOR as distributed by MLS GRID #22054992 Report a problem | ||
| 7/29/2024 | Sold | $385,000-3.5% |
Source: MIBOR as distributed by MLS GRID #21972983 Report a problem | ||
| 5/31/2024 | Pending sale | $399,000 |
Source: MIBOR as distributed by MLS GRID #21972983 Report a problem | ||
| 5/13/2024 | Listed for sale | $399,000+18% |
Source: MIBOR as distributed by MLS GRID #21972983 Report a problem | ||
| 4/23/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/16/2024 | Listed for rent | $749+21% |
Source: Zillow Rentals Report a problem | ||
| 5/6/2022 | Sold | $338,000+12.7% |
Source: MIBOR as distributed by MLS GRID #21842853 Report a problem | ||
| 3/16/2022 | Pending sale | $299,900 |
Source: MIBOR as distributed by MLS GRID #21842853 Report a problem | ||
| 3/14/2022 | Listed for sale | $299,900+106.8% |
Source: MIBOR as distributed by MLS GRID #21842853 Report a problem | ||
| 6/16/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 6/14/2021 | Listed for rent | $619 |
Source: Zillow Rental Network Premium #21791702 Report a problem | ||
| 11/25/2020 | Listing removed | $619 |
Source: PMI Midwest #21737072 Report a problem | ||
| 9/5/2020 | Listed for rent | $619+12.8% |
Source: PMI Midwest #21737072 Report a problem | ||
| 1/8/2020 | Listing removed | $549 |
Source: PMI Midwest Report a problem | ||
| 10/9/2019 | Price change | $549-8.3% |
Source: PMI Midwest Report a problem | ||
| 9/22/2019 | Listed for rent | $599 |
Source: PMI Midwest Report a problem | ||
| 10/31/2017 | Sold | $145,000+16% |
Source: Public Record Report a problem | ||
| 5/4/2016 | Sold | $125,000+861.5% |
Source: Public Record Report a problem | ||
| 7/1/2015 | Sold | $13,000+21.6% |
Source: Public Record Report a problem | ||
| 4/2/2014 | Sold | $10,687+42.5% |
Source: Public Record Report a problem | ||
| 1/24/2014 | Sold | $7,500-93.2% |
Source: Public Record Report a problem | ||
| 6/26/2008 | Sold | $110,400 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,344 +65.9% | $389,800 -10.6% |
| 2024 | $6,234 +169.7% | $435,900 +65.9% |
| 2023 | $2,311 +15.3% | $262,800 +168.4% |
| 2022 | $2,005 -5.7% | $97,900 +12.7% |
| 2021 | $2,126 +2.3% | $86,900 -5.3% |
| 2020 | $2,078 -0.9% | $91,800 +4.3% |
| 2019 | $2,096 +8.9% | $88,000 |
| 2018 | $1,924 +5% | $88,000 +4% |
| 2017 | $1,833 +4% | $84,600 +5.8% |
| 2016 | $1,762 -28.9% | $80,000 +0.8% |
| 2014 | $2,478 +27.6% | $79,400 -5.9% |
| 2013 | $1,942 | $84,400 +1.7% |
| 2012 | $1,942 | $83,000 -35.7% |
| 2011 | -- | $129,000 |
| 2010 | $2,798 -1.8% | $129,000 |
| 2009 | $2,848 | $129,000 |
| 2007 | -- | $129,000 |
| 2005 | -- | $129,000 |
| 2004 | -- | $129,000 |
| 2003 | -- | $129,000 +191.9% |
| 2002 | -- | $44,200 +167.2% |
| 2001 | -- | $16,540 |
| 2000 | -- | $16,540 |
Find assessor info on the county website
Neighborhood: Near Eastside
Nearby schools
GreatSchools rating
- 4/10Thomas D. Gregg School 15Grades: PK-5Distance: 0.2 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 1.9 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 0.9 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Indiana
- Marion County
- Indianapolis
- 46201
- Near Eastside
- 546 Eastern Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Indianapolis Topics
