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933 N Ewing Street, Indianapolis, IN 46201

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For Sale

$300,000

0.1 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • Newly Listed
    Time on Century 21

  • 0.1 acres
    Lot size

  • 1920
    Year built

Explore this Property

Fantastic opportunity for investors to own a revenue-generating four-plex just minutes from downtown Indianapolis. Each unit offers 1 bedroom and 1 bathroom, with three of the four units currently leased through 2026, providing built-in stability and dependable income. The fourth unit is vacant and ready for occupancy, offering immediate upside potential for increased cash flow. Recent updates have been completed in three units, including new flooring, appliances, and fresh paint throughout. The vacant unit is one of the recently renovated spaces, making it move-in ready for a new tenant. Current monthly rental income totals $3,577 with the three occupied units. Once the vacant unit is leased, total income has the potential to rise significantly, further enhancing the property's strong performance. The property's convenient location provides quick access to downtown Indianapolis, employment centers, shopping, dining, and entertainment. With stable long-term leases in place and room to increase income, this property is an excellent addition to any investor's portfolio. Tenants Rights Apply.
MLS# 22063313

Listed By CENTURY 21 Scheetz

Property Features

  • Basement
    Unfinished
  • Cooling
    Window A/C
  • Lot Size
    0.1 Acres
  • Style
    Other Style

Map and Directions

Directions to 933 N Ewing Street, Indianapolis, IN 46201

Home seller Meet the Agent,
Luci Chalian

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

Luci Chalian

of CENTURY 21 Scheetz

(617) 719-3990
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
    $0
  • 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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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.