Off-Market Property Archive

This property is no longer actively listed. Off market since January 13, 2026. Interior photos, property details, and location data are preserved for neighborhood research and comparable analysis.

Last listed at 285,000.00

6102 Brookville Rd, Indianapolis, IN 46219, USA

$285,000

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Photos of the property

Wholesale Deal !! – Turnkey 4-Unit Multifamily in Indianapolis �� $285K Assignment Price | 9.6% Cap Rate | Section 8 Cash Flow | ��️ Property Overview  Property Type: 4-Unit Multifamily  Unit Mix: o (1) Studio o (1) One-Bedroom Unit o (2) One-Bedroom Units (Duplex Style)  Year Built: 1936  Lot Size: 10,000 sq ft (corner lot)  Condition: Turnkey – Recently remodeled (new floors, updated plumbing)  Zoning: Multifamily  Original Seller Asking Price: $350,000  Assignment Price (Your Purchase Price): $285,000 �� Rental Income & Vacancy  2 of 4 units currently occupied by Section 8 tenants – stable, government-backed income  Estimated Market Rents (Full Occupancy): o Studio: $850 o 1-Bedroom: $1,200 o Two 1-Bed Units: $875 each  Gross Scheduled Rent: $3,800/month = $45,600/year  Vacancy Adjustment (5%): −$2,280/year  ✅ Adjusted Gross Income: $43,320/year �� Operating Expenses (Annual Estimates) ✅ Includes 10% professional management fee Category Amoun t Property Taxes $6,000 Insurance $1,500 Utilities (Owner Paid) $6,000 Maintenance Reserve $1,500 Total Operating Expenses $18,000 �� Financial Summary (Based on $285K Buyer Price) Metric Value Adjusted Gross Income $43,320 Operating Expenses $18,000 Net Operating Income (NOI) $25,320 Cap Rate (at $285K) 9.6% �� Investment Highlights  ✅ Turnkey 4-plex in cash-flowing Indianapolis submarket  ✅ Section 8 tenants in place = guaranteed income stream  ✅ Vacancy (5%) + Management (10%) already factored in  ✅ Strong 9.6% cap rate based on conservative projections  ✅ Substantial discount from original $350K seller asking price Presented By: Dwelling 320 Ventures LLC Jeff Paul �� 678-458-4013 – Contact me directly if interested and/or if you want any additional information.