522-524 W 23rd ST, Indianapolis, IN 46208
522-524 W 23rd ST, Indianapolis, IN 46208
522-524 W 23rd ST, Indianapolis, IN 46208
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Listed by Mark Jones • PMI Midwest
$399,900
Est. payment /mo
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3,920 Sqft Lot
Active

522-524 W 23rd ST Indianapolis, IN 46208

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Graceland Park

MLS Listing ID 22121005

Year Built 1910

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Quadruplex

Property Description

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.

Location

State IN

County Marion

Interior

Heating Forced Air, Natural Gas

Cooling None

Fireplace N

Building

Story One

Structure Type Block,Brick

New Construction false

Schools

School District Indianapolis Public Schools


MIBOR MLS

NEARBY SCHOOL & BUSINESS

Misty Scholl, ABR
Misty Scholl, ABR

Agent RBRB20001990

+1(317) 416-5806 | misty@cbstiles.com

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522-524 W 23rd ST