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1363 Blaine AVE Indianapolis, IN 46221
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Key Details
Sold Price $420,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22027594
Sold Date 05/15/25
Year Built 1950
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Fourplex
Property Description
Discover a fantastic investment opportunity with this remodeled, cash-flowing 4-unit apartment building located in the heart of Indianapolis. Whether you're an experienced investor or a first-time buyer, this property is a must-see. Each unit has been thoughtfully updated with modern finishes, including new flooring, fresh paint, updated kitchens with stainless steel appliances, and renovated bathrooms. Three units are currently rented with stable tenants, generating consistent rental income. Unit 4 is vacant and ready for a new tenant! This property is ideal for investors looking to secure immediate returns. Conveniently situated in a vibrant and growing neighborhood, with easy access to public transportation, shopping, dining, and entertainment. Enjoy the benefits of Indianapolis' thriving rental market. Includes off-street parking for tenants and a shared outdoor area for relaxation or entertainment. The recent renovations ensure that the property is in excellent condition, reducing the need for immediate repairs or upgrades. With the increasing demand for rental properties in Indianapolis, this building is poised to provide long-term, reliable cash flow and value appreciation. Don't miss out on this incredible opportunity to own a turnkey, cash-flowing 4-unit property in a prime Indianapolis location. Schedule a showing today to see the potential firsthand!
Location
State IN
County Marion
Interior
Fireplace N
Building
Story One
New Construction false
Schools
School District Indianapolis Public Schools
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