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$250,000

For Sale

18 hours ago

2930 N Dearborn St, Indianapolis, IN

House

MLS® 22121036

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 0
Lot Size 0.12 Acres
Approx. Age 1910
MLS® Number 22121036

Property Address: 2930 N Dearborn St, Indianapolis, IN, 46218-2819

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey quadplex opportunity at 2930 N Dearborn St! Located in historic Martindale-Brightwood just 15 minutes from Downtown Indianapolis, this renovated four-unit property is primed for savvy investors and house hackers ready to offset living costs. All units are efficiency layouts (~500sq ft) with 1 bath ea, all turnkey, backed by over $40k in recent major improvements-including upgraded composition cement siding, new subflooring in all units, insulated plumbing, sewer cleanout, Section 8-compliant updates, and stylish modern finishes with LVP flooring. Currently under professional management, two units are leased into 2027 at $599/mo for reliable immediate cash flow paired with flat utility reimbursements ($185/mo), while two vacant units provide instant move-in flexibility or fresh lease-up upside. When fully leased the property is nearly at the 1% mark, and with section 8 tenants it should easily exceed that metric. Situated directly across from the 128-acre Washington Park-fresh off a $3.2M Lilly Endowment investment bringing a new splash pad, playgrounds, sports courts, and trails-and just moments from the booming 30th Street and Monon Trail corridors. Delivering effortless management, strong rental demand, and long-term neighborhood appreciation, this versatile quadplex is an outstanding addition to any portfolio. Schedule your showing today!
MLS® Number22121036
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
Basement
Driveway
Garage Spaces
HeatElectric
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 25, 2026List Date
$250,000List Price
May 8, 2025End Date
$245,000Sold Price

Sold

May 1, 2025List Date
$250,000List Price
  • Commute

Commute

Starting Address
Destination Address
2930 N Dearborn St, Indianapolis, IN

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