1125 S Keystone Avenue, Indianapolis, IN 46203
Local realty services provided by:CENTURY 21 Scheetz
1125 S Keystone Avenue,Indianapolis, IN 46203
$350,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: christopher jenkins
Office: la terre boutique
MLS#:22097962
Source:IN_MIBOR
Price summary
- Price:$350,000
About this home
Investment Opportunity at 1125 South Keystone Avenue, Indianapolis Attention serious investors seeking immediate, stabilized returns. This fully renovated quadruplex offers a rare combination of guaranteed income and zero deferred maintenance. Positioned in a high demand rental pocket of Indianapolis, this property has been meticulously updated to provide a turn key experience for the next owner. The financial profile of this asset is its strongest selling point. The property generates a total monthly gross income of 4,701 dollars, totaling 56,412 dollars annually. The stability of this revenue stream is anchored by three Section 8 vouchers, which provide consistent, government backed payments regardless of market fluctuations. Unit 1 brings in 1,374 dollars, Unit 2 brings in 1,200 dollars, and Unit 3 brings in 1,127 dollars. The fourth unit is occupied by a reliable cash tenant paying 1,000 dollars per month. Beyond the impressive cap rate, the physical plant of the building has been completely overhauled. You can bypass the typical headaches of older multi family units thanks to extensive capital improvements. The property features brand new electrical systems and updated plumbing throughout, significantly reducing the risk of emergency repair costs. Energy efficiency and curb appeal have been enhanced with the installation of new windows. Inside, each unit has been refreshed with new flooring and professional paint, creating a clean, modern aesthetic that appeals to high quality tenants. Located on a primary transit corridor with easy access to downtown Indianapolis and the vibrant Fountain Square district, 1125 South Keystone is perfectly situated for long term appreciation. This is an ideal acquisition for those looking to complete a 1031 exchange or for any investor wanting to add a high performing, low maintenance asset to their portfolio. Properties with this level of renovation and guaranteed cash flow are a rarity in the current market....
Contact an agent
Home facts
- Year built:1920
- Subdivision & Development:C M Cooper Trs Prospect
- Listing ID #:22097962
- Added:119 day(s) ago
- Updated:August 26, 2026 at 03:34 PM
Rooms and interior
- Basement:Yes
- Basement Description:Basement
Structure and exterior
- Year built:1920
- Lot area:0.13 Acres
Finances and disclosures
- Price:$350,000
New listings near 1125 S Keystone Avenue
- New
$270,000Active2 beds 2 baths1,998 sq. ft.1617 N Auburn Street, Indianapolis, IN 46224
MLS# 22091068Listed by: F.C. TUCKER COMPANY - New
$310,000Active3 beds 1 baths1,180 sq. ft.10814 Broadway Street, Carmel, IN 46280
MLS# 22121912Listed by: CENTURY 21 SCHEETZ - New
$275,000Active3 beds 2 baths1,400 sq. ft.12331 Gann Court, Indianapolis, IN 46236
MLS# 22122215Listed by: EXP REALTY, LLC - New
$225,000Active2 beds 3 baths2,108 sq. ft.7547 Farm View Circle E, Indianapolis, IN 46256
MLS# 22122341Listed by: KELLER WILLIAMS INDPLS METRO N - New
$209,900Active2 beds 3 baths1,388 sq. ft.8817 Summer Walk Drive E, Indianapolis, IN 46227
MLS# 22122421Listed by: SERVING YOU REALTY - New
$299,999Active4 beds 2 baths1,792 sq. ft.759 Thorndale Street, Indianapolis, IN 46214
MLS# 22122521Listed by: HIGHGARDEN REAL ESTATE - New
$125,000Active2 beds 1 baths936 sq. ft.3528 Lambert Street, Indianapolis, IN 46241
MLS# 22122522Listed by: CANULL GROUP LLC - New
$224,900Active4 beds 2 baths1,344 sq. ft.7550 E 51st Street, Indianapolis, IN 46226
MLS# 22118890Listed by: F.C. TUCKER COMPANY - New
$305,000Active3 beds 3 baths1,872 sq. ft.4340 Blue Note Drive, Indianapolis, IN 46239
MLS# 22121657Listed by: ENVOY REAL ESTATE, LLC - New
$379,900Active2 beds 2 baths1,140 sq. ft.630 N College Avenue #201, Indianapolis, IN 46204
MLS# 22121756Listed by: CENTURY 21 SCHEETZ