5334 E Washington Street, Indianapolis, IN 46219

Property Description

Rare 5-unit multi-family investment opportunity in the desirable Irvington area! Ideally located on Washington Street, this property has a strong history of 100% occupancy and offers excellent upside potential. Each unit features 1 bed and 1 bath, with all units remodeled and updated. All leases are month-to-month, allowing for immediate rent increases to meet market rates. Tenants pay electricity; owner covers water, sewer, and gas. Each unit offers private covered porch or deck areas, and the property provides ample private parking in the rear. Property includes two 92% gas furnaces (2018), a gas water heater (2012), and refrigerators and stoves furnished by the seller, all newer within the last 10 years. The roof and decking have durable 30-year shingles. One unit is currently vacant and available for showings. Conveniently located near shops, dining, parks, and commuter routes, this is a rare opportunity to own a well-maintained, income-producing property in a high-demand area.

Listing Status:

Active

Listing Office:

Trueblood Real Estate : 703-862-0258

Listing Agent:

Patricia McCormick : 703-862-0258

MLS ID:

22067095

Interior

• Laundry: In Basement
• Heating: Forced Air

Exterior

• Style: Traditional

Construction

• Roofing: Shingle
• General: Two

Location

• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: L C Ritters Sub 60Ft On Wash St X 180Ft Se Cor Ptl8491003179001000701
• Current Use: Apt<20

Financial

• Source: mibor

This listing courtesy of Patricia McCormick, Trueblood Real Estate