1602 E Vermont Street Indianapolis, IN $ 425,000
1602 E Vermont Street
$ 425,000
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1602 E Vermont Street

Indianapolis, IN, 46201
$ 425,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 2,935

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Multi-Family Home for sale in Indianapolis, IN

for $425,000. This home was built in 1910 on a lot size of 0.12.

Expand your investment portfolio with this well-maintained, brick-exterior fourplex! The property includes two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one efficiency unit. The larger 2-bedroom unit offers 1,225 square feet, its own washer and dryer, and central air. The second 2-bedroom unit offers 827 square feet, while the 1-bedroom unit offers 884 square feet. Shared basement laundry serves these two units and the efficiency unit. Improvements include replacement of the gas distribution system in 2021 and substantial roof replacement in 2023. Gross scheduled annual charges total $41,340. Ownership has historically prioritized tenant retention and minimal vacancy over maximizing rents, offering an opportunity to evaluate future rental growth. See attachments for lease details, utilities and additional improvements. Buyers should independently verify market rents and future rental potential. Please do not disturb tenants.

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Multi-Family Active

Price

$ 425,000

Property Type

Multi-Family

Taxes

$ 9,446

Style

Quadruplex

Lot Size

0.12

Year Built

1910

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22130450

Features
General
Possession Subject To Tenant Rights
Roof Asphalt
Construction Materials Brick
Year Built 1910
Tenant Pays Electricity Gas Sewer Water
Township Center
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Sturm & Kollers
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 5400
Structure Type Quadruplex
Standard Status Active
Tax Lot 52
Legal Description Sturm & Kollers Corr Add L52
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Exterior
Lot Features Sidewalks
Lot Size Acres 0.12
Road Frontage Type City Street
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Interior
Basement (Y/N) Y
Laundry Features Common Laundry In Basement
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* Excluded Features
List By
F.C. Tucker Company

Broker

mike.miller@talktotucker.com

Email

Affordability Calculator

$3,723
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,935
Monthly Property Taxes
$787
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
DatePricePrice ChangeDescription
10/8/2026$425,000 Listed Price

Map


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1602 E Vermont Street, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $425,000 with a lot size of 0.12. 1602 E Vermont Street has 0.0 baths and was built in 1910. The property's zip code is 46201 which is in Indianapolis, IN