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Sold
  • $385,000

    6115 W 25th St, Indianapolis, IN 46224

    8beds
    4baths
    --sqft
    Multi Family, Quadruplex, Apartment
    Built in 1961
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,450 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,450/mo

    Zestimate® history
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    What's special

    Brick quadruplexFunctional layoutsCovered parkingNew roof
    Looking for a 4 unit property in Indianapolis with immediate rental income and recent major updates? 6115 W 25th St offers three income-producing units, one owner-occupied unit for flexibility, and key improvements including a new roof and sewer line within the past two years, all on a 0.29-acre lot. Welcome to 6115 W 25th St, a well-positioned brick quadruplex in Indianapolis offering four 2-bedroom, 1-bath units with functional layouts and strong rental potential. Currently, three units are leased with rents around $800, $1,500, and $1,550 per month, while one unit is owner occupied, providing an opportunity for immediate occupancy or additional income upon lease-up. The property sits on a 0.29-acre lot and features covered parking along with convenient access to public transportation, sidewalks, and nearby amenities. Major capital improvements have already been completed, including a new roof and sewer line within the past two years, reducing near-term maintenance concerns. Tenants pay electric and gas, while the owner covers water, sewer, trash, taxes, and insurance, creating a clear expense structure for investors. Whether you are looking to expand your portfolio or pursue a house-hack strategy, this 4 unit property in Indianapolis offers a blend of current income, upside potential, and long-term stability in Marion County.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Charlene Gaard 317-440-2149,

    No Limit Real Estate, LLC,

    Robert Gaard

    Bought with:

    Fadi Aboudi

    F.C. Tucker Company

    Source: MIBOR as distributed by MLS GRID,MLS#: 22090708MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Baseboard
    Cooling
    • Central Air
    Appliances
    • Laundry: Connections Some, No Laundry Facil.

    Property

    Parking
    • Parking features: Alley Access
    • Details: Unit Parking(Covered)
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.29 Acres
    • Features: Access, Busline, Sidewalks
    Details
    • Parcel number: 490525105005000914

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family, Quadruplex, Apartment
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1961

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Indianapolis
    • Subdivision: No Subdivision

    Price history

    DateEventPrice
    4/23/2026Sold$385,000-19.8%
    Source: MIBOR as distributed by MLS GRID #22090708 Report a problem
    3/23/2026Pending sale$480,000
    Source: MIBOR as distributed by MLS GRID #22090708 Report a problem
    3/23/2026Listed for sale$480,000+177.5%
    Source: MIBOR as distributed by MLS GRID #22090708 Report a problem
    3/29/2013Sold$173,000
    Source: MIBOR as distributed by MLS GRID #21153815 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,610 +63.7%$450,300 -2%
    2024$7,092 +7%$459,300 +63.2%
    2023$6,629 +27.4%$281,400 +7.4%
    2022$5,205 +1.3%$262,100 +27.4%
    2021$5,138 +4.3%$205,700 +0.2%
    2020$4,927 -0.7%$205,300 +4.4%
    2019$4,960 +1.9%$196,600
    2018$4,865 +3.8%$196,600 +1.3%
    2017$4,688 -4.7%$194,000 +3%
    2016$4,918 -9.8%$188,400 -14.7%
    2014$5,452 +1.7%$220,900
    2013$5,361 $220,900 +4.4%
    2012$5,361 $211,500 -8.7%
    2011-- $231,700
    2010$5,574 +19.7%$231,700
    2009$4,658 $231,700
    2007-- $231,700

    Find assessor info on the county website

    Neighborhood: 46224

    Nearby schools

    GreatSchools rating
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