323 N Arsenal Avenue, IN 46201

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Sold Price
$405,000
List Price
$439,900
Status
SOLD
Days on Market
77
Closing Date
Nov 27, 2025
MLS#
22061999
Subtype
Residential Income
Year Built
1910
Acres
0.12
Subdivision
L A Wrights
MLS Area Major
Center

Property Description

TURNKEY QUADPLEX! Discover this prime investment opportunity at 323 N Arsenal Ave in Arsenal Heights, a highly desirable neighborhood on Indianapolis's east side, just minutes from downtown Indy and Highland Park. This well-maintained quadplex features four spacious 1-bedroom, 1-bathroom units, with two currently occupied generating reliable income of $1,000 and $895 per month, while the other two units stand vacant and ready for immediate tenant placement to boost your cash flow even further. All utilities are conveniently billed back to tenants through the leases, minimizing owner expenses and maximizing returns. Whether you're a savvy investor eyeing robust cash flow in a thriving, up-and-coming area or a house hacker aiming to live in one unit while renting out the rest to offset your mortgage, this property delivers the perfect blend of flexibility and profitability.

Additional Information

Taxes
$4,054
Air Conditioning
None
Stories
Two
Foundation
Block

Listing courtesy of Trent Kiester. @properties

Selling Office: Berkshire Hathaway Home.

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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.