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Listed by Hayley Wild • Compass Indiana, LLC
$ 525,000
Est. payment /mo
New
1213 N Newman ST Indianapolis, IN 46201
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22107230
Year Built 1926
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Quadruplex
Property Description
Recently renovated this quadplex offers an exceptional investment opportunity in one of the city's most desirable and rapidly developing locations. Each upper unit features 3 bedrooms and 2 full baths, while the two lower-level units offer 1 bedroom and 1 bath, creating an ideal mix of unit sizes for strong rental demand and income flexibility. The property has been updated with newer furnace systems, water heaters, modern finishes, and thoughtfully designed layouts throughout, leaving zero deferred maintenance for the next owner. Positioned near major employers, downtown access, and popular neighborhood amenities, this high-yield asset is surrounded by continued growth and development, making it a prime plug-and-play opportunity for investors seeking long-term appreciation and immediate cash flow.
Location
State IN
County Marion
Zoning multi unit house 2-4 unit
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace N
Exterior
Exterior Feature Balcony
Garage Spaces 4.0
View Y/N true
View Trees/Woods
Building
Story Three Or More
New Construction false
Schools
School District Indianapolis Public Schools
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