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About This Home
This 0-bedroom, 0-bathroom multi-family at 1213 N Newman Street in Indianapolis, IN is listed for $525,000. Built in 1926, on a 0.12 acres lot.
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.
Key Features
- Built in 1926
- 0.12 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,808/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1213 N Newman Street
Indianapolis, IN 46201
No Subdivision
Features & Amenities
Exterior Features
Property Details
Heating
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 1213 N Newman Street is listed at $525,000. The estimated monthly payment is $2,275 based on 20% down at 6.5% interest.
Key features include: Built in 1926, 0.12 acre lot. Exterior Features: Balcony.
This property is listed by Hayley Wild and can be reached at 3174057915 or hayley.wild@compass.com.
