$725,000

59 W Fall Creek Parkway South Drive, Indianapolis, IN 46208

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
February 16, 2026 at 7:19AM
Listing Office:
Red Hot, REALTORS LLC : 317-551-9589
Listing Agent:
Jamie Suchotzky : 317-551-9589
MLS ID:
22083290
  • Laundry: Connections All
  • Basement: Partial
  • General: Two
  • Originating MLS: mibor
  • School District: Indianapolis Public Schools
  • County: Marion
  • Zoning: Rubens Wildwood Park Add L12490626146001000101
  • Current Use: Apt<20
  • Source: mibor

This listing courtesy of Jamie Suchotzky , Red Hot, REALTORS LLC

Monthly Payment

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

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Location

Schools Nearby

G

George Washington Carver Montessori School 87

2411 Indpls Ave, Indianapolis, IN, 46208

Grades PK-8

0.47 miles away

G

George Washington Carver Montessori School 87

2411 Indpls Ave, Indianapolis, IN, 46208

Grades PK-8

0.47 miles away

S

Shortridge High School

3401 N Meridian St, Indianapolis, IN, 46208

Grades 9-12

1.14 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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