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$449,900 -

1363 Blaine Avenue Indianapolis IN 46221

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.12
Acres

Discover a fantastic investment opportunity with this remodeled, cash-flowing 4-unit apartment building located in the heart of Indianapolis. Whether you're an experienced investor or a first-time buyer, this property is a must-see. Each unit has been thoughtfully updated with modern finishes, including new flooring, fresh paint, updated kitchens with stainless steel appliances, and renovated bathrooms. All four units are currently rented with stable tenants, generating consistent rental income. This property is ideal for investors looking to secure immediate returns. Conveniently situated in a vibrant and growing neighborhood, with easy access to public transportation, shopping, dining, and entertainment. Enjoy the benefits of Indianapolis' thriving rental market. Includes off-street parking for tenants and a shared outdoor area for relaxation or entertainment. The recent renovations ensure that the property is in excellent condition, reducing the need for immediate repairs or upgrades. With the increasing demand for rental properties in Indianapolis, this building is poised to provide long-term, reliable cash flow and value appreciation. Don't miss out on this incredible opportunity to own a turnkey, cash-flowing 4-unit property in a prime Indianapolis location. Schedule a showing today to see the potential firsthand!

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Property Details

Price: $449,900 Previously: $449,900 Originally: $449,900 Bathrooms: 0.00 MLS #: 22027594 Year Built: 1950 Township: Center Type: Residential Income Zip Code: 46221 City: Indianapolis Subdivision: No Subdivision County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • # Acres: 0.12

Listing Office: Century 21 Scheetz

Office Contact: nate@c21scheetz.com

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on April 4th, 2025 at 10:46pm EDT.

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