6115 W 25th Street, IN 46224

$385,000

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Sold Price
$385,000
List Price
$480,000
Status
SOLD
Days on Market
31
Closing Date
Apr 23, 2026
MLS#
22090708
Subtype
Residential Income
Year Built
1961
Acres
0.29
Subdivision
No Subdivision
MLS Area Major
Wayne

Property Description

Looking for a 4 unit property in Indianapolis with immediate rental income and recent major updates? 6115 W 25th St offers three income-producing units, one owner-occupied unit for flexibility, and key improvements including a new roof and sewer line within the past two years, all on a 0.29-acre lot. Welcome to 6115 W 25th St, a well-positioned brick quadruplex in Indianapolis offering four 2-bedroom, 1-bath units with functional layouts and strong rental potential. Currently, three units are leased with rents around $800, $1,500, and $1,550 per month, while one unit is owner occupied, providing an opportunity for immediate occupancy or additional income upon lease-up. The property sits on a 0.29-acre lot and features covered parking along with convenient access to public transportation, sidewalks, and nearby amenities. Major capital improvements have already been completed, including a new roof and sewer line within the past two years, reducing near-term maintenance concerns. Tenants pay electric and gas, while the owner covers water, sewer, trash, taxes, and insurance, creating a clear expense structure for investors. Whether you are looking to expand your portfolio or pursue a house-hack strategy, this 4 unit property in Indianapolis offers a blend of current income, upside potential, and long-term stability in Marion County.

Additional Information

Taxes
$5,805
Air Conditioning
Central Air
Stories
Two

Listing courtesy of Charlene Gaard. No Limit Real Estate, LLC

Selling Office: F.C. Tucker Company.

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.