1125 S Keystone Avenue, Indianapolis, IN 46203
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
1125 S Keystone Avenue,Indianapolis, IN 46203
$350,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: christopher jenkins
Office: la terre boutique
MLS#:22097962
Source:IN_MIBOR
Price summary
- Price:$350,000
About this home
Investment Opportunity at 1125 South Keystone Avenue, Indianapolis Attention serious investors seeking immediate, stabilized returns. This fully renovated quadruplex offers a rare combination of guaranteed income and zero deferred maintenance. Positioned in a high demand rental pocket of Indianapolis, this property has been meticulously updated to provide a turn key experience for the next owner. The financial profile of this asset is its strongest selling point. The property generates a total monthly gross income of 4,701 dollars, totaling 56,412 dollars annually. The stability of this revenue stream is anchored by three Section 8 vouchers, which provide consistent, government backed payments regardless of market fluctuations. Unit 1 brings in 1,374 dollars, Unit 2 brings in 1,200 dollars, and Unit 3 brings in 1,127 dollars. The fourth unit is occupied by a reliable cash tenant paying 1,000 dollars per month. Beyond the impressive cap rate, the physical plant of the building has been completely overhauled. You can bypass the typical headaches of older multi family units thanks to extensive capital improvements. The property features brand new electrical systems and updated plumbing throughout, significantly reducing the risk of emergency repair costs. Energy efficiency and curb appeal have been enhanced with the installation of new windows. Inside, each unit has been refreshed with new flooring and professional paint, creating a clean, modern aesthetic that appeals to high quality tenants. Located on a primary transit corridor with easy access to downtown Indianapolis and the vibrant Fountain Square district, 1125 South Keystone is perfectly situated for long term appreciation. This is an ideal acquisition for those looking to complete a 1031 exchange or for any investor wanting to add a high performing, low maintenance asset to their portfolio. Properties with this level of renovation and guaranteed cash flow are a rarity in the current market....
Contact an agent
Home facts
- Year built:1920
- Subdivision & Development:C M Cooper Trs Prospect
- Listing ID #:22097962
- Added:93 day(s) ago
- Updated:July 31, 2026 at 04:28 PM
Rooms and interior
- Basement:Yes
- Basement Description:Basement
Structure and exterior
- Year built:1920
- Lot area:0.13 Acres
Finances and disclosures
- Price:$350,000
New listings near 1125 S Keystone Avenue
- New
$224,900Active2 beds 2 baths1,579 sq. ft.5228 Fawn Hill Terrace, Indianapolis, IN 46226
MLS# 202631008Listed by: RE/MAX FIRST INTEGRITY - New
$300,000Active4 beds 2 baths2,440 sq. ft.5338 E Ohmer Avenue, Indianapolis, IN 46219
MLS# 22108143Listed by: F.C. TUCKER COMPANY - New
$239,900Active3 beds 2 baths1,232 sq. ft.2208 Friendship Drive, Indianapolis, IN 46217
MLS# 22117032Listed by: HIDALGO GROUP, LLC - New
$125,000Active2 beds 2 baths1,082 sq. ft.1315 S Sheffield Avenue, Indianapolis, IN 46221
MLS# 22117252Listed by: KELLER WILLIAMS INDY METRO PARTNERS - New
$330,000Active3 beds 3 baths2,011 sq. ft.8741 Carver Drive, Indianapolis, IN 46239
MLS# 22117406Listed by: THE STEWART HOME GROUP - New
$239,900Active3 beds 2 baths1,390 sq. ft.5509 Sleet Drive, Indianapolis, IN 46237
MLS# 22117558Listed by: BLUPRINT REAL ESTATE GROUP - New
$450,000Active4 beds 2 baths1,593 sq. ft.624 College Lane, Indianapolis, IN 46240
MLS# 22117618Listed by: EVERHART STUDIO, LTD. - New
$299,900Active3 beds 3 baths2,405 sq. ft.8426 Codesa Way, Indianapolis, IN 46278
MLS# 22117621Listed by: COMPASS INDIANA, LLC - New
$129,900Active2 beds 1 baths792 sq. ft.3160 Thayer Street, Indianapolis, IN 46222
MLS# 22117628Listed by: EXPERT, REALTORS - New
$524,900Active4 beds 4 baths2,581 sq. ft.1524 Fletcher Avenue, Indianapolis, IN 46203
MLS# 22110198Listed by: F.C. TUCKER COMPANY