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
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....
Contact an agent
Home facts
- Year built:1910
- Subdivision & Development:Graceland Park
- Listing ID #:22121005
- Added:1 day(s) ago
- Updated:August 18, 2026 at 08:57 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
New listings near 522-524 W 23rd Street
- New
$450,000Active4 beds 3 baths2,436 sq. ft.7305 Whitehall Drive, Indianapolis, IN 46256
MLS# 22113505Listed by: CENTURY 21 SCHEETZ - New
$95,500Active3 beds 1 baths846 sq. ft.3055 Harlan Street, Indianapolis, IN 46237
MLS# 22120987Listed by: RED BRIDGE REAL ESTATE - New
$228,500Active3 beds 2 baths1,172 sq. ft.2043 Orchid Bloom Drive, Indianapolis, IN 46231
MLS# 22120997Listed by: T&H REALTY SERVICES, INC. - New
$249,900Active2 beds 2 baths1,628 sq. ft.4221 Wanamaker Drive, Indianapolis, IN 46239
MLS# 202633710Listed by: CONNECTED AMERICA LLC - New
$200,000Active2 beds 1 baths1,354 sq. ft.4430 Guilford Avenue, Indianapolis, IN 46205
MLS# 22120624Listed by: F.C. TUCKER COMPANY - New
$230,000Active3 beds 2 baths1,380 sq. ft.3220 Lacy Court, Indianapolis, IN 46227
MLS# 22120919Listed by: MANG THA REAL ESTATE, LLC - New
$229,900Active2 beds 2 baths1,700 sq. ft.6043 Ivanhoe Street, Indianapolis, IN 46219
MLS# 22120982Listed by: WEICHERT, REALTORS - New
$699,000Active4 beds 4 baths3,071 sq. ft.4421 Central Avenue, Indianapolis, IN 46205
MLS# 22117673Listed by: F.C. TUCKER COMPANY - New
$20,000Active0.09 Acres1124 E Perry Street, Indianapolis, IN 46227
MLS# 22120760Listed by: EXP REALTY, LLC