522-524 W 23rd Street, Indianapolis, IN 46208
Local realty services provided by:CENTURY 21 Scheetz
522-524 W 23rd Street,Indianapolis, IN 46208
$399,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: mark jones
Office: pmi midwest
MLS#:22121005
Source:IN_MIBOR | Licensed in Indiana
Price summary
- Price:$399,900
About this home
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....
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Home facts
- Year built:1910
- Subdivision & Development:Graceland Park
- Listing ID #:22121005
- Added:44 day(s) ago
- Updated:October 02, 2026 at 05:03 PM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1910
- Lot area:0.09 Acres
- Construction Materials:Block, Brick
Utilities
- Water:Water
Finances and disclosures
- Price:$399,900
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