5334 E Washington Street, Indianapolis, IN 46219

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
5334 E Washington Street,Indianapolis, IN 46219
$400,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: patricia mccormick
Office: trueblood real estate
MLS#:22067095
Source:IN_MIBOR

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Price summary

  • Price:$400,000

About this home

Rare 5-unit multi-family investment opportunity in the desirable Irvington area! Ideally located on Washington Street, this property has a strong history of 100% occupancy and offers excellent upside potential. Each unit features 1 bed and 1 bath, with all units remodeled and updated. All leases are month-to-month, allowing for immediate rent increases to meet market rates. Tenants pay electricity; owner covers water, sewer, and gas. Each unit offers private covered porch or deck areas, and the property provides ample private parking in the rear. Property includes two 92% gas furnaces (2018), a gas water heater (2012), and refrigerators and stoves furnished by the seller, all newer within the last 10 years. The roof and decking have durable 30-year shingles. One unit is currently vacant and available for showings. Conveniently located near shops, dining, parks, and commuter routes, this is a rare opportunity to own a well-maintained, income-producing property in a high-demand area.

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Home facts

  • Year built:1930
  • Listing ID #:22067095
  • Added:37 day(s) ago
  • Updated:April 03, 2026 at 06:54 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Shingle
  • Year built:1930
  • Lot Features:Mature Trees, Sidewalks

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$400,000

Parking

  • Garage:Yes
  • Garage spaces:4
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