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55 W Fall Creek Pkwy S Drive Indianapolis, IN $ 725,000
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$ 725,000 Get more info
55 W Fall Creek Pkwy S Drive
$ 725,000
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Share Save

55 W Fall Creek Pkwy S Drive

Indianapolis, IN, 46208
$ 725,000
Baths0.0

Monthly Estimate*

$ 4,819

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $725,000. This home was built in 1910 on a lot size of 0.16.

Welcome to this exceptional multi-family property offering a solid investment opportunity. This all-brick four-plex stands out with its recent upgrades to kitchens and bathrooms, ensuring modern comfort and style. The property is 100% occupied, and each unit features 2 bedrooms and 1 bath, demonstrating its appeal in the rental market. With a practical and well-maintained parking lot at the rear, this property provides ample parking space for tenants, adding to its desirability. The location is superb, just a short distance from educational, transit, shopping, and recreational amenities that enhance tenant living experiences and property value. Whether you want to expand your investment portfolio or venture into the real estate market, this property offers a compelling location, condition, and income potential package.

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Multi-Family Active

Price

$ 725,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,374

Style

Quadruplex

Lot Size

0.16

Year Built

1910

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21979227
Features
General
Heating Forced Air
Cooling Central Electric
Possession Closing
Security Features Smoke Alarm
Construction Materials Brick
Year Built 1910
Tenant Pays All Utilities Insurance
Township Center
Levels Two
Property SubType Fourplex
Tax Year 2023
Current Use Apt<20
County Marion
Insurance Expense 3097
New Construction N
Property Type Residential Income
Subdivision Name Rubens Wildwood
Status Active
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 2
High School District Indianapolis Public Schools
NumberOfUnitsTotal 4
MLS Area 4911 - Marion - Center Nw
Lot Size Square Feet 6886
Days on Market 2
Structure Type Quadruplex
Standard Status Active
Tax Lot 11
Buyer Agent Compensation Type %
Legal Description Rubens Wildwood L11
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Exterior
Lot Features Access
Foundation Details Full
Lot Size Acres 0.16
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Interior
Basement (Y/N) N
Laundry Features Laundry Closet
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* Excluded Features
List By
Red Hot, Realtors Llc

Broker

Jamie@RedHotRealtors.com

Email

Affordability Calculator

$5,266
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,819
Monthly Property Taxes
$448
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
5/25/2024 $725,000 Listed Price

Map

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55 W Fall Creek Pkwy S Drive, Indianapolis, IN, 46208 is a Multi-Family Home for sale at $725,000 with a lot size of 0.16. 55 W Fall Creek Pkwy S Drive is a studio with 0.0 baths and was built in 1910. The property's zip code is 46208 which is in Indianapolis, IN

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