1213 N Newman Street, Indianapolis, IN 46201

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1213 N Newman Street,Indianapolis, IN 46201
$575,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: hayley wild
Office: compass indiana, llc.
MLS#:22100747
Source:IN_MIBOR

Price summary

  • Price:$575,000

About this home

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.

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Home facts

  • Year built:1926
  • Listing ID #:22100747
  • Added:3 day(s) ago
  • Updated:May 12, 2026 at 02:56 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Unfinished

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1926
  • Lot area:0.12 Acres
  • Exterior Features:Balcony

Finances and disclosures

  • Price:$575,000

Parking

  • Garage:Yes
  • Garage spaces:4
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