522-524 W 23rd Street, Indianapolis, IN 46208
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
522-524 W 23rd Street,Indianapolis, IN 46208
$399,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: mark jones
Office: pmi midwest
MLS#:22121005
Source:IN_MIBOR | Licensed in Indiana
Price summary
- Price:$399,900
About this home
Add a strong, income-producing property to your portfolio with this four-unit multifamily property near Downtown Indianapolis. Each unit offers a functional 2-bedroom, 1-bathroom layout, providing a desirable rental configuration with broad tenant appeal. With three of the four units currently occupied and just one vacancy, this property offers immediate rental income while still giving a new owner the opportunity to lease the remaining unit and increase overall performance. Located just north of Downtown Indianapolis, the property provides convenient access to IUPUI/IU Indianapolis, Methodist Hospital, downtown employers, restaurants, entertainment, and major commuter routes. Its central location and proximity to some of Indy's growing urban neighborhoods make it an attractive option for renters and investors alike. Whether you're looking to expand an existing portfolio or add a multifamily property with established occupancy, 522-524 W 23rd St offers four 2-bed/1-bath units, existing rental income, and additional upside through the current vacancy....
Contact an agent
Home facts
- Year built:1910
- Subdivision & Development:Graceland Park
- Listing ID #:22121005
- Added:50 day(s) ago
- Updated:October 08, 2026 at 04:05 PM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1910
- Lot area:0.09 Acres
- Construction Materials:Block, Brick
Utilities
- Water:Water
Finances and disclosures
- Price:$399,900
New listings near 522-524 W 23rd Street
- Coming Soon
$1,000,000Coming Soon4 beds 4 baths4,144 sq. ft.648 Ellsworth Street, Indianapolis, IN 46202
MLS# 22128759Listed by: F.C. TUCKER COMPANY - Coming Soon
$109,900Coming Soon3 beds 1 baths960 sq. ft.1880 Cruft Street, Indianapolis, IN 46203
MLS# 22130176Listed by: RE/MAX ADVANCED REALTY - Coming Soon
$240,000Coming Soon3 beds 2 baths1,750 sq. ft.10833 Tealpoint Drive, Indianapolis, IN 46229
MLS# 22126162Listed by: KELLER WILLIAMS INDY METRO NE - Coming Soon
$1,795,000Coming Soon5 beds 5 baths5,694 sq. ft.5617 N Meridian Street, Indianapolis, IN 46208
MLS# 22129736Listed by: ENCORE SOTHEBY'S INTERNATIONAL - Coming Soon
$439,000Coming Soon4 beds 4 baths2,886 sq. ft.2742 Patton Drive, Speedway, IN 46224
MLS# 22129679Listed by: KEY REALTY INDIANA - Coming Soon
$309,900Coming Soon3 beds 2 baths1,300 sq. ft.10205 N College Avenue, Carmel, IN 46280
MLS# 22129406Listed by: F.C. TUCKER COMPANY - Coming Soon
$1,900,000Coming Soon5 beds 5 baths5,680 sq. ft.4224 Central Avenue, Indianapolis, IN 46205
MLS# 22129329Listed by: F.C. TUCKER COMPANY - Coming Soon
$449,500Coming Soon5 beds 3 baths3,168 sq. ft.7648 Shasta Drive, Indianapolis, IN 46217
MLS# 22129795Listed by: LANDTREE, REALTORS - Coming Soon
$499,900Coming Soon2 beds 3 baths2,208 sq. ft.8335 Sand Point Way #6, Indianapolis, IN 46240
MLS# 22129274Listed by: EXP REALTY, LLC - Coming Soon
$399,900Coming Soon5 beds 3 baths4,704 sq. ft.6238 Cave Lane, Indianapolis, IN 46259
MLS# 22129010Listed by: CENTURY 21 SCHEETZ