On Market

1126 N Rural St

Indianapolis, IN 46201, USA

List price

$240,000

Quadplex

1 / 1

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Story

Triplex -Quadplex| 5 Beds / 3 Baths total | 2,790 Sqft | 5,271 Sqft Lot | Built 1920 D5 Zoning – allows SFR / Duplex / Triplex / Quadplex (major flexibility premium) Unit Mix: Two 1/1 + One 3/1 Major systems already updated: New sewer, newer windows/siding/roof/mechanicals/electrical/plumbing 2 Master Meters & Panels | Exterior storage units | Privacy fence Condition: Significantly updated – Turnovers remaining in occupied units; vacant units modern (LVP, stainless, updated baths) ARV: $400k–$450k+ Rent Potential: $3,200–$4,200+/mo (3 units) with 4th unit upside Strategy: Stabilize & hold, convert to Quad, BRRRR, or portfolio cash-flow play Near Eastside revitalization – strong demand, downtown proximity

Property details

2 details the seller has shared

2 details

Property

· The bones — what the buyer sees first

Property type

Quadplex

History & terms

· Past sales, updates, and deal mechanics

Reason for sale

Other

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