$280,000

Fantastic opportunity for investors to own a revenue-generating four-plex just minutes from downtown Indianapolis. Each unit offers 1 bedroom and 1 bathroom, with two of the four units currently leased through 2027, providing built-in stability and dependable income. The additional two units are currently vacant and ready for occupancy, offering immediate upside potential for increased cash flow. Many updates have been completed in all four units in the past two years, including new flooring, appliances, and fresh paint throughout. The vacant units are both move-in ready for a new tenant. Current monthly rental income totals $2310 for the two occupied units. Once all units are leased, total income has the potential to rise significantly, further enhancing the property's strong performance. The property's convenient location provides quick access to downtown Indianapolis, employment centers, shopping, dining, and entertainment. With stable long-term leases in place and room to increase income, this property is an excellent addition to any investor's portfolio. Tenants Rights Apply. As-Is.