5907 Staughton Drive Indianapolis, IN $ 434,900
5907 Staughton Drive
$ 434,900
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5907 Staughton Drive

Indianapolis, IN, 46226
$ 434,900
Bedrooms-- Baths0.0

Monthly Estimate*

$ 3,004

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Multi-Family Home for sale in Indianapolis, IN

for $434,900. This home was built in 1960 on a lot size of 0.78.

Excellent investment opportunity on Indy's northeast side! This solid brick four-unit apartment building offers immediate cash flow with additional upside for the next owner. Each unit features 2 bedrooms and 1 full bathroom, with tenants paying their own electricity. Three units are currently occupied with rents slightly below market, providing an opportunity to increase income over time, while the vacant unit offers flexibility to place a new tenant at market rent or make this an attractive owner-occupant opportunity. A detached garage provides each unit with its own dedicated garage space-a valuable amenity for tenants and an additional advantage when attracting future renters. With eight total bedrooms, four units, durable brick construction, tenant-paid electric, and dedicated garage parking, this property has the fundamentals for a strong long-term investment. Enjoy cash flow from day one with the opportunity to increase rents and maximize future income. Ideal for an investor looking to expand their portfolio or an owner-occupant looking to live in one unit while generating income from the other three.

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Multi-Family Active

Price

$ 434,900

Property Type

Multi-Family

Taxes

$ 5,154

Style

Traditional

Lot Size

0.78

Year Built

1960

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22126166

Features
General
Heating Electric Forced Air
Cooling Central Air
Possession Closing
Roof Asphalt Composition Shingle
Garage Spaces 4
Architectural Style Traditional
Construction Materials Brick Wood Siding
Year Built 1960
Tenant Pays Electricity Gas
Township Lawrence
Property Subtype Quadruplex
Tax Year 2025
Current Use Apt<20
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Devington Acres
Facing Direction North
Possible Use Apt<20
Status Active
Directions GPS Friendly
High School Lawrence Central High School
City Indianapolis
High School District MSD Lawrence Township
Number Of Units Total 4
MLS Area 4904 - Marion - Lawrence
Lot Size Square Feet 33977
Elementary School Skiles Test Elementary School
Property Attached Y/N N
Current Financing Conventional FHA VA SeeRemarks
Middle/Junior High School Belzer Middle School
Additional Parcels Y/N N
Structure Type Quadruplex
Standard Status Active
Tax Lot 6
Legal Description Devington Acres 1st Sec 0.78Ac Tract 6
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Interior
Basement Exterior Entry Partially Finished
Basement (Y/N) Y
Laundry Features Common Laundry In Basement
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Exterior
Exterior Amenities Lighting
Parking Features Detached
Foundation Details Block
Lot Size Acres 0.78
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type City Street
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* Excluded Features
List By
Tyler Knows Real Estate Llc

Broker

workwithrj@gmail.com

Email

Affordability Calculator

$3,433
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,004
Monthly Property Taxes
$430
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
4046402 Elementary School
4046504 Middle School
Lawrence Central High School High School
Pricing History
Date Price Price Change Description
9/28/2026 $434,900 Listed Price

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5907 Staughton Drive, Indianapolis, IN, 46226 is a Multi-Family Home for sale at $434,900 with a lot size of 0.78. 5907 Staughton Drive has 0.0 baths and was built in 1960. The property's zip code is 46226 which is in Indianapolis, IN