3818 Central Avenue
Indianapolis, IN 46205
0.20 acres | #22037069
Description
This STR portfolio is comprised of four properties totaling 16 rentable units. This is a quadplex with 4 units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of included green space to add units offer multiple investment strategies.
Property Details
- Structure TypeApartment Building, Quadruplex
- School DistrictIndianapolis Public Schools
- Lot DescriptionNot Applicable
- SubdivisionNo Subdivision
- Property TypeMulti-Family
- Original List Price$700,000
- MLS #22037069
- Property SubtypeFourplex
- MLS #22037069
- CountyMarion
- Cost700000
- Year Built1920
- Acres0.2
Location
Legal
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Last Updated:Â . Source: MIBOR
Listing Courtesy
Listing Agent: Cory Gardner (#MBR38619)
Listing Office: Gardner Property Group (#MBRGPGR01)
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