4223 E Washington Street Indianapolis, IN $ 635,000
4223 E Washington Street
$ 635,000
New Construction
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4223 E Washington Street

Indianapolis, IN, 46201
$ 635,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 4,386

4223 E Washington Street, Indianapolis, IN 46201 - Image 1
4223 E Washington Street, Indianapolis, IN 46201 - Image 2
4223 E Washington Street, Indianapolis, IN 46201 - Image 3

Multi-Family Home for sale in Indianapolis, IN

for $635,000. This home was built in 2026 on a lot size of 0.14.

Calling all investors or house hackers, this is your next big buy and hold opportunity, new construction 4-plex, estimated to be completed by 10/01/2026. Each unit features approximately 962 sq feet of living space, with 2 bedrooms and 1.5 baths per unit. This project being new construction, all you have to do is worry about cashing the rent checks for years to come, with no worries about big ticket repair items. This project is being built knowing there will be tenants so there will be no carpet, 1st and 2nd floor will have LVP and staircase will be a hardwood oak staircase. The kitchen will not have builder grade cabinets that easily fall apart with rentals, they will be all plywood construction, with soft close doors and drawers, granite countertops, double hung vinyl high efficient double pane windows. This home can also be purchased for a primary residence where you occupy one unit and renting the other 3 units, have the other 3 units pay your mortgage payment. This property can be purchased by itself or purchase the other two 4-plex properties right next door, 12 units in all for sale. Other addresses are 4221 E Washington ST (Listing ID: 22114049) and 4225 E Washington St (Listing ID: 22114269) Current Construction Phase...all mechanicals are complete waiting on inspection.

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Multi-Family Active

Price

$ 635,000

Property Type

Multi-Family

Taxes

$ 264

Style

Contemporary

Lot Size

0.14

Year Built

2026

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22114066

Features
General
Heating Electric Forced Air Heat Pump
Cooling Central Air Heat Pump
Possession Closing
Roof Asphalt
Zoning D8
Architectural Style Contemporary
Construction Materials Vinyl Siding
Year Built 2026
Tenant Pays All Utilities
Township Center
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Current Use Apt<20
County Marion
New Construction Y
Property Type Residential Income
Subdivision Name Haywoods Boulevard
Facing Direction South
Possible Use Apt<20
Status Active
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 6186
Current Financing Conventional FHA
Property Condition New Construction
Additional Parcels Y/N N
Structure Type Quadruplex
Builder Name Burns Realty Holding
Standard Status Active
Tax Lot 1061091
Legal Description Haywoods Boulevard Add L11
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Exterior
Exterior Amenities Lighting
Parking Features Alley Access
Foundation Details Block
Lot Size Acres 0.14
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type City Street
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Interior
Basement (Y/N) N
Laundry Features Connections All Upper Level
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* Excluded Features
List By
Victory Realty Team

Broker

shane@victoryrealtyteam.com

Email

Affordability Calculator

$4,408
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,386
Monthly Property Taxes
$22
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
Pricing History
Date Price Price Change Description
7/15/2026 $635,000 Listed Price

Map


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4223 E Washington Street, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $635,000 with a lot size of 0.14. 4223 E Washington Street has 0.0 baths and was built in 2026. The property's zip code is 46201 which is in Indianapolis, IN