Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

59 W Fall Creek Pkwy, Indianapolis, IN, 46208

8beds
4baths
--sqft
$725,000
--price/sqft
$4,941/moest. monthly cost
$197,640/yrincome needed

About This Home

Welcome to this outstanding four-unit investment opportunity. This all-brick four-plex offers durability, strong curb appeal, and thoughtful updates throughout. Each unit features 2 bedrooms and 1 full bath, with recently updated kitchens and bathrooms that deliver modern finishes tenants appreciate. The property provides immediate and consistent income. A well-maintained rear parking lot offers ample off-street parking, enhancing convenience and tenant satisfaction. Ideally located near schools, public transportation, shopping, and recreational amenities, this property benefits from strong rental demand and long-term value. Whether you're expanding an established portfolio or making your first multifamily investment, this property presents an excellent combination of location, condition, and income potential.

Getting Around

78
WalkingVery Walkable
49
TransitSome Transit
76
BikeVery Bikeable

Schools

4/10
2/10
Shortridge High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1910

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Quadruplex

Interior

Appliances

  • Laundry features: Connections All

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4

Property

Details

  • Parcel number: 490626146001000101

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 6,098 sqft