$700,000
For Sale

55 W Fall Creek Parkway South Drive

Indianapolis, IN 46208
Listing OfficeRed Hot, REALTORS LLC
Browse 57 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Welcome to this outstanding multi-family property nestled in one of Indianapolis'most desirable neighborhoods. This gem features four thoughtfully designed units, each offering comfortable two-bedroom, one-bathroom layouts perfect for residents seeking convenience and quality living. Situated in a vibrant community, this property enjoys proximity to numerous local amenities that tenants will appreciate. The beautiful George E. Kessler Park is just steps away, offering green spaces for outdoor recreation and relaxation. When hunger strikes, the renowned Goose The Market is within walking distance, providing specialty foods and groceries for culinary enthusiasts. Commuting is a breeze with the Meridian Street and Fall Creek/Ivy Tech Station nearby, connecting residents to the greater Indianapolis area. Families will value the property's location within reach of Herron High School, known for its exceptional academic programs. Investors will recognize the tremendous potential this four-unit building presents in Indianapolis ' growing rental market. The consistent floor plans across all units streamline maintenance and management, while the strategic location ensures strong tenant demand year-round. Whether you want to expand your real estate portfolio or seek your first multi-family investment, this property offers the perfect balance of location, functionality, and growth potential. The solid brick construction and well-maintained grounds represent the property's enduring value. Don't miss this opportunity to own a piece of Indianapolis real estate with excellent income potential in a neighborhood that continues to flourish!

  • Property Details
      • School DistrictIndianapolis Public Schools
      • SubdivisionRubens Wildwood
      • Property TypeMulti-Family
      • Structure TypeQuadruplex
      • Original List Price$700,000
      • MLS #22042809
      • Property SubtypeFourplex
      • MLS #22042809
      • BasementPartial
      • Lot DescriptionAccess
      • CountyMarion
      • Cost700000
      • Acres0.16
      • Year Built1910

Location

Monique Bledsoe | True Property ManagementReal Estate Group
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