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537 E 11th Street, Indianapolis, IN 46202

Indianapolis
Local realty services provided by:CENTURY 21 Scheetz
537 E 11th Street,Indianapolis, IN 46202
$699,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: tyler renick
Office: tyler knows real estate llc.
MLS#:22090881
Source:IN_MIBOR

Price summary

  • Price:$699,900

About this home

Location! Location! Location! Cash flow. Upside. This quadruplex sits just two blocks from the hottest area of downtown Indy, near Mass Ave and minutes from the vibrant Bottleworks District-placing tenants within walking distance of some of downtown Indianapolis' best dining, entertainment, and nightlife. The property offers an ideal blend of stability and flexibility, with current rents ranging from $1,500-$1,850 per unit. The unit mix includes long-term tenants, furnished rentals, and clear potential to expand into short-term rentals for increased yield. Renovated in 2024, the building features refreshed flooring throughout, updated appliances, and modernized interiors with a clean, turnkey feel. Furnished units are included in the sale, providing immediate income without additional capital investment. Whether you're looking for a strong performing asset today or a value-add play with STR upside, this is a rare opportunity in one of Indianapolis' most sought-after rental...

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Home facts

  • Year built:1880
  • Listing ID #:22090881
  • Added:50 day(s) ago
  • Updated:May 13, 2026 at 07:23 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Heating and cooling

  • Cooling:Separate Meters

Structure and exterior

  • Year built:1880
  • Lot area:0.12 Acres
  • Lot Features:Sidewalks, Street Lights
  • Architectural Style:Victorian
  • Construction Materials:Brick, Wood Siding
  • Exterior Features:Balcony
  • Foundation Description:Crawl Space

Finances and disclosures

  • Price:$699,900

Parking

  • Garage:Yes
  • Garage spaces:2
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