933 N Ewing Street Indianapolis, IN $ 280,000
933 N Ewing Street
$ 280,000
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933 N Ewing Street

Indianapolis, IN, 46201
$ 280,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 1,934

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Multi-Family Home for sale in Indianapolis, IN

for $280,000. This home was built in 1920 on a lot size of 0.1.

Fantastic opportunity for investors to own a revenue-generating four-plex just minutes from downtown Indianapolis. Each unit offers 1 bedroom and 1 bathroom, with two of the four units currently leased through 2027, providing built-in stability and dependable income. The additional two units are currently vacant and ready for occupancy, offering immediate upside potential for increased cash flow. Many updates have been completed in all four units in the past two years, including new flooring, appliances, and fresh paint throughout. The vacant units are both move-in ready for a new tenant. Current monthly rental income totals $2310 for the two occupied units. Once all units are leased, total income has the potential to rise significantly, further enhancing the property's strong performance. The property's convenient location provides quick access to downtown Indianapolis, employment centers, shopping, dining, and entertainment. With stable long-term leases in place and room to increase income, this property is an excellent addition to any investor's portfolio. Tenants Rights Apply. As-Is.

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Multi-Family Active

Price

$ 280,000

Property Type

Multi-Family

Taxes

$ 4,664

Style

Bungalow

Lot Size

0.1

Year Built

1920

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22132400

Features
General
Heating Electric
Cooling Window Unit(s)
Possession Closing
Architectural Style Bungalow
Construction Materials Vinyl With Brick
Year Built 1920
Tenant Pays Cable TV Insurance
Township Center
Levels One
Property Subtype Quadruplex
Tax Year 2025
Current Use Residential
County Marion
Insurance Expense 2175
New Construction N
Property Type Residential Income
Subdivision Name Lukenbills
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 4443
Property Attached Y/N N
Current Financing Conventional
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Structure Type Quadruplex
Standard Status Active
Tax Lot L43
Legal Description Lukenbills E 10th St Add L43
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Interior
Basement Unfinished
Basement (Y/N) Y
Laundry Features Laundry Room
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Exterior
Exterior Amenities Not Applicable
Parking Features Alley Access
Lot Features Sidewalks Street Lights Mature Trees
Foundation Details Block
Lot Size Acres 0.1
Waterfront Y/N N
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* Excluded Features
List By
Century 21 Scheetz

Broker

lchalian@c21scheetz.com

Email

Affordability Calculator

$2,323
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,934
Monthly Property Taxes
$389
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
10/28/2026$280,000 Listed Price

Map


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933 N Ewing Street, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $280,000 with a lot size of 0.1. 933 N Ewing Street has 0.0 baths and was built in 1920. The property's zip code is 46201 which is in Indianapolis, IN