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2930 N Dearborn Street Indianapolis, IN $ 250,000
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$ 250,000 Get more info
2930 N Dearborn Street
$ 250,000
Back to search
Share Save

2930 N Dearborn Street

Indianapolis, IN, 46218
$ 250,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 1,727

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Multi-Family Home for sale in Indianapolis, IN

for $250,000. This home was built in 1910 on a lot size of 0.12.

Turnkey quadplex opportunity at 2930 N Dearborn St! Located in historic Martindale-Brightwood just 15 minutes from Downtown Indianapolis, this renovated four-unit property is primed for savvy investors and house hackers ready to offset living costs. All units are efficiency layouts (~500sq ft) with 1 bath ea, all turnkey, backed by over $40k in recent major improvements-including upgraded composition cement siding, new subflooring in all units, insulated plumbing, sewer cleanout, Section 8-compliant updates, and stylish modern finishes with LVP flooring. Currently under professional management, three units are leased into 2027 at $599/mo for reliable immediate cash flow paired with flat utility reimbursements ($185/mo), while one vacant unit provides instant move-in flexibility or fresh lease-up upside. When fully leased the property is nearly at the 1% mark, and with section 8 tenants it should easily exceed that metric. Situated directly across from the 128-acre Washington Park-fresh off a $3.2M Lilly Endowment investment bringing a new splash pad, playgrounds, sports courts, and trails-and just moments from the booming 30th Street and Monon Trail corridors. Delivering effortless management, strong rental demand, and long-term neighborhood appreciation, this versatile quadplex is an outstanding addition to any portfolio. Schedule your showing today!

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Multi-Family Pending

Price

$ 250,000

Property Type

Multi-Family

Taxes

$ 4,092

Style

Craftsman,Ranch

Lot Size

0.12

Year Built

1910

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22121036
Features
General
Heating Electric
Cooling None
Possession Closing Subject To Tenant Rights
Roof Asphalt
Architectural Style Craftsman Ranch
Construction Materials Cement Siding
Year Built 1910
Tenant Pays Other
Township Center
Levels One
Property Subtype Quadruplex
Tax Year 2025
Current Use Apt<20
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Rosedale
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 5053
Property Attached Y/N N
Current Financing Conventional Exchange FHA
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Virtual Tour https://indy-realty-pics.aryeo.com/sites/edvxyvmz/unbranded https://indy-realty-pics.aryeo.com/sites/2930-n-dearborn-st-indianapolis-in-46218-24306254/branded
Structure Type Quadruplex
Standard Status Pending
Tax Lot 10
Legal Description Rosedale L10
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Exterior
Exterior Amenities Not Applicable
Foundation Details Crawl Space
Lot Size Acres 0.12
Waterfront Y/N N
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Interior
Basement (Y/N) N
Laundry Features No Laundry Facil.
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* Excluded Features
List By
Keller Williams Indpls Metro N

Broker

peter@peterstewartrealty.com

Email

Affordability Calculator

$2,068
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,727
Monthly Property Taxes
$341
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
Date Price Price Change Description
8/25/2026 $250,000 Listed Price

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2930 N Dearborn Street, Indianapolis, IN, 46218 is a Multi-Family Home for sale at $250,000 with a lot size of 0.12. 2930 N Dearborn Street has 0.0 baths and was built in 1910. The property's zip code is 46218 which is in Indianapolis, IN

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