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About This Home
This 0-bedroom, 0-bathroom multi-family at 2941 Schofield Avenue in Indianapolis, IN is listed for $159,900. Built in 1945, on a 0.22 acres lot.
Investor portfolio opportunity in Indianapolis! Income-producing 4-unit multifamily package with strong cash flow and value-add potential. Ideal for investors seeking a buy-and-hold investment property, rental portfolio expansion, or long-term equity growth in a market with steady rental demand.
Each unit features a functional layout with opportunity to renovate, increase rents, and maximize returns. Current rental income includes Unit 2941 leased at $850/month through 5/31/2027 and Unit 2943 leased at $865/month through 5/31/2026. Additional units provide further income and upside potential.
Sold as-is. Must be purchased together with 2945 Schofield Ave as a package for $339,900. Interior photos shown are from unit 2945 Schofield Ave; finishes and condition of other units may vary. All showings must be scheduled through the 2945 Schofield Ave listing.
Key Features
- Built in 1945
- 0.22 acre lot
Property Details
Monthly Cost Estimate
$855/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2941 Schofield Avenue
Indianapolis, IN 46218
Sangster Harrison
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 2941 Schofield Avenue is listed at $159,900. The estimated monthly payment is $693 based on 20% down at 6.5% interest.
Key features include: Built in 1945, 0.22 acre lot.
This property is listed by Shekinah Lewis and can be reached at 4633204950 or Kinahlewis@klsignature.com.
