$699,900

537 E 11th Street, Indianapolis, IN 46202

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1880
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

Location! Location! Location! Cash flow. Upside. This quadruplex sits just two blocks from the hottest area of downtown Indy, near Mass Ave and minutes from the vibrant Bottleworks District-placing tenants within walking distance of some of downtown Indianapolis' best dining, entertainment, and nightlife. The property offers an ideal blend of stability and flexibility, with current rents ranging from $1,500-$1,850 per unit. The unit mix includes long-term tenants, furnished rentals, and clear potential to expand into short-term rentals for increased yield. Renovated in 2024, the building features refreshed flooring throughout, updated appliances, and modernized interiors with a clean, turnkey feel. Furnished units are included in the sale, providing immediate income without additional capital investment. Whether you're looking for a strong performing asset today or a value-add play with STR upside, this is a rare opportunity in one of Indianapolis' most sought-after rental corridors. Broker-owned property.

Listing Status:
Active
Data Last Updated:
April 2, 2026 at 11:20PM
Listing Office:
Tyler Knows Real Estate LLC : 317-258-7352
Listing Agent:
Tyler Renick : 317-258-7352
MLS ID:
22090881
  • Laundry: Common Laundry
  • Basement: Exterior Entry
  • A/C: Separate Meters
  • Heating: Natural Gas
  • General: Balcony
  • Style: Victorian
  • Parking: Detached
  • General: TwoBrick/MortarCrawl Space
  • Road/Access: City Street
  • Originating MLS: mibor
  • School District: Indianapolis Public Schools
  • County: Marion
  • Zoning: MultiCosbys Sub Ovid Butlers 1st Add L3 & 3 E Side L2490636143001000101
  • Fencing: PartialFront Yard
  • Current Use: Apt<20
  • Source: mibor

This listing courtesy of Tyler Renick , Tyler Knows Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Center For Inquiry School 2

725 N New Jersey St, Indianapolis, IN, 46202

Grades KG-8

0.31 miles away

C

Center For Inquiry School 2

725 N New Jersey St, Indianapolis, IN, 46202

Grades KG-8

0.31 miles away

A

Arsenal Technical High School

1500 E Michigan St, Indianapolis, IN, 46201

Grades 9-12

0.79 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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