1213 N Newman Street, Indianapolis, IN 46201

Property Description

Recently renovated this quadplex offers an exceptional investment opportunity in one of the city's most desirable and rapidly developing locations. Each upper unit features 3 bedrooms and 2 full baths, while the two lower-level units offer 1 bedroom and 1 bath, creating an ideal mix of unit sizes for strong rental demand and income flexibility. The property has been updated with newer furnace systems, water heaters, modern finishes, and thoughtfully designed layouts throughout, leaving zero deferred maintenance for the next owner. Positioned near major employers, downtown access, and popular neighborhood amenities, this high-yield asset is surrounded by continued growth and development, making it a prime plug-and-play opportunity for investors seeking long-term appreciation and immediate cash flow.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 7:17PM

Listing Office:

Compass Indiana, LLC : 317-405-7915

Listing Agent:

Hayley Wild : 317-405-7915

MLS ID:

22100747

Interior

• Laundry: Connections AllLaundry Room
• Basement: Unfinished
• A/C: None
• Heating: Forced Air

Exterior

• General: Balcony

Construction

• General: Three Or More

Location

• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: multi unit house 2-4 unitMulligans Park Place L45490731230051000101
• View: Trees/WoodsView
• Current Use: Vacant

Financial

• Source: mibor