$500,000

3739 E Market Street, Indianapolis, IN 46201

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

Fully Occupied Fourplex Near Downtown - Excellent Investment Opportunity! This meticulously renovated fourplex offers a blend of modern amenities and classic charm. Excellent opportunity for an investor to take on an updated property for their portfolio. The property has undergone a comprehensive studs-in/out renovation, featuring new mechanical systems including electrical, HVAC, and plumbing and updated sump pump. The roof is less than one year old. Each unit boasts a fully equipped kitchen with a complete appliance package, including a washer and dryer. Additional upgrades include new bathrooms, updated flooring, windows, drywall finishes, and more. All units are separately metered for electric and gas, while water is on a shared meter. One unit also includes a finished basement, adding extra living space. Current rents range from $950 to $1,175 per month, offering substantial room for future rental growth. Situated in a prime location near downtown, with proximity to Woodruff Place, Emerson Heights, and Irvington, this property is poised for appreciation. Don't miss this incredible opportunity to maximize rental income in a rapidly developing area. Note: the vacant lot next door is not included in the sale. All units feature consistent, high-quality finishes throughout.

Listing Status:
Active
Listing Office:
Triple E Realty, LLC : 317-910-5562
Listing Agent:
Kimberly Yarrell : 317-910-5562
MLS ID:
22003175
  • Laundry: In Basement
  • Basement: Unfinished
  • A/C: Central Air
  • Heating: Forced AirNatural Gas
  • Style: Bungalow
  • Roofing: Fiberglass
  • General: TwoBlock
  • Road/Access: Asphalt
  • Originating MLS: mibor
  • School District: Indianapolis Public Schools
  • County: Marion
  • Zoning: multiHartmans Robison & Voorhees 111.4' W End L4 & 10' Vac W & Adj491005133031000101
  • Source: mibor

This listing courtesy of Kimberly Yarrell, Triple E Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

R

Ralph W. Emerson Elementary School 58

321 N Linwood Ave, Indianapolis, IN, 46201

Grades PK-6

0.57 miles away

H

H. L. Harshman Magnet Middle School

1501 E 10th St, Indianapolis, IN, 46201

Grades 7-8

1.71 miles away

A

Arsenal Technical High School

1500 E Michigan St, Indianapolis, IN, 46201

Grades 9-12

1.75 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby