1635 Central Avenue, Indianapolis, IN 46202

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
1635 Central Avenue,Indianapolis, IN 46202
$525,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: emily huskey
Office: keller williams indy metro partners
MLS#:22105508
Source:IN_MIBOR

Price summary

  • Price:$525,000

About this home

**Multiple offers received, highest and best was due 7/6. Pending home sale contingency** Located at the intersection of the highly desirable Herron Morton and Old Northside neighborhoods, AND in a designated Opportunity Zone, this property offers a prime opportunity for experienced landlords, or investors entering the multifamily market. The FULL complex consists of three all brick buildings, four units each. THIS LISTING is for ONE of the buildings (4 units). Buildings can be purchased together as a 12 unit complex, or split into four plexes. Each building already has its own parcel number and legal description. (See BLC#22103331 for commercial listing which includes ALL 12 UNITS.) Each unit features a spacious two bedroom, one bath layout with lots of natural light. Units are currently leased for $895-$995 per month. All leases will renew at $995. With a fantastic 95% occupancy rate maintained over the past several years, this proven income-producing asset delivers consistent cash...

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Home facts

  • Year built:1930
  • Subdivision & Development:Ritters Sub Johnson
  • Listing ID #:22105508
  • Added:59 day(s) ago
  • Updated:July 31, 2026 at 04:28 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Storage Space, Unfinished

Heating and cooling

  • Cooling:Central Electric
  • Heating:Electric, Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1930
  • Lot area:0.12 Acres
  • Lot Features:Mature Trees, Sidewalks, Street Lights
  • Construction Materials:Brick

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$525,000

Features and amenities

  • Amenities:Storage
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