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939 N Sherman Drive Indianapolis, IN $ 189,900
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$ 189,900 Get more info
939 N Sherman Drive
$ 189,900
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939 N Sherman Drive

Indianapolis, IN, 46201
$ 189,900
Bedrooms-- Baths0.0

Monthly Estimate*

$ 1,312

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Multi-Family Home for sale in Indianapolis, IN

for $189,900. This home was built in 1920 on a lot size of 0.12.

IMMEDIATE CASH FLOW. Quad plex currently leased out at $950/month each unit. Newer LVP flooring throughout. Each side has its own utilities. 941 has washer and dryer in basement (those are tenant owned). See attachments for T12 and Rent Roll.

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Multi-Family Pending

Price

$ 189,900

Property Type

Multi-Family

Taxes

$ 5,192

Style

Traditional

Lot Size

0.12

Year Built

1920

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22095620
Features
General
Heating Forced Air
Cooling Wall Unit(s)
Possession Subject To Tenant Rights
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1920
Tenant Pays Rent Only
Township Center
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Current Use Comm Mul Ten
County Marion
Net Operating Income 33180
New Construction N
Property Type Residential Income
Subdivision Name Shannon Park
Status Pending
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 4
MLS Area 4910 - Marion - Center
Lot Size Square Feet 5401
Structure Type Quadruplex
Standard Status Pending
Tax Lot 34
Legal Description Shannon Park L34
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Interior
Basement Unfinished
Basement (Y/N) Y
Laundry Features Connections Some No Laundry Facil.
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Exterior
Parking Features Alley Access
Lot Size Acres 0.12
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* Excluded Features
List By
United Real Estate Indpls

Broker

kristin@indyhomeselling.com

Email

Affordability Calculator

$1,744
Per Month
75%
25%
0%
Monthly Principal & Interest
$1,312
Monthly Property Taxes
$433
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/7/2026$189,900 -4.57% Price Down
4/22/2026$199,000 Listed Price

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939 N Sherman Drive, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $189,900 with a lot size of 0.12. 939 N Sherman Drive has 0.0 baths and was built in 1920. The property's zip code is 46201 which is in Indianapolis, IN

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