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5334 E Washington Street, Indianapolis, IN 46219

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For Sale

$440,000

0.25 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.3 acres
    Lot size

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

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.
MLS# 22067095

Courtesy Of Trueblood Real Estate

(317) 288-5148

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    New Traditional
  • Heating System
    Forced Air
  • Lot Size
    0.25 Acres
  • Rooms
    Basement

Home seller CENTURY 21 Scheetz

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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