IN > Indianapolis > L C Ritters
Indianapolis, IN 46219,5334 E Washington ST
Indianapolis, IN 46219,5334 E Washington ST
Indianapolis, IN 46219,5334 E Washington ST
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$440,000
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0.25 Acres Lot
Active

5334 E Washington ST Indianapolis, IN 46219

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Jack Aikin

Jack Aikin

+1(317) 341-1461

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision L C Ritters

MLS Listing ID 22067095

Year Built 1930

Tax Year 2024

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Quadruplex

Property Description

Rare 5-unit multi-family investment opportunity in the desirable Irvington area! Ideally located on Washington Street, this property has a strong history of 100% occupancy and offers excellent upside potential. Each unit features 1 bed and 1 bath, with all units remodeled and updated. All leases are month-to-month, allowing for immediate rent increases to meet market rates. Tenants pay electricity; owner covers water, sewer, and gas. Each unit offers private covered porch or deck areas, and the property provides ample private parking in the rear. Property includes two 92% gas furnaces (2018), a gas water heater (2012), and refrigerators and stoves furnished by the seller, all newer within the last 10 years. The roof and decking have durable 30-year shingles. One unit is currently vacant and available for showings. Conveniently located near shops, dining, parks, and commuter routes, this is a rare opportunity to own a well-maintained, income-producing property in a high-demand area.

Location

State IN

County Marion

Interior

Heating Forced Air

Fireplace N

Exterior

Garage Spaces 4.0

View Y/N false

Roof Type Shingle

Building

Story Two

Architectural Style Traditional

New Construction false

Schools

School District Indianapolis Public Schools

MIBOR MLS
© 2025 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

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Jack Aikin

Jack Aikin

Agent | RBRB19000475

+1(317) 341-1461

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5334 E Washington ST

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