15 N Riley Avenue, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
15 N Riley Avenue,Indianapolis, IN 46201
$225,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: evan wilbrandt
Office: wilmoth group
MLS#:22109490
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$225,000

About this home

Rare opportunity for a buyer to live in one unit and rent the other three out! This tenant occupied property is ready for its next owner to add their own creative touch. The current property owner has made updates as needed when units were turned over as well as a full rehab on unit number 4. There was off street parking added in 2025 for convenience for the residents who's units are on the back of the structure but parking on the street where legal is also an option. The home is located within minutes of shops, a grocery store, restaurants, and it just a few miles from downtown Indianapolis. Three units are currently occupied; please do not disturb tenants if passing by. Total income was $2690 when fully occupied. Pictures of all of the units were taken prior to tenants moving in. Agents, please reference private remarks for lease details. Room sizes are estimates

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1920
  • Subdivision & Development:Blankenship Et Al Pleasant View
  • Listing ID #:22109490
  • Added:96 day(s) ago
  • Updated:September 26, 2026 at 03:27 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Structure and exterior

  • Year built:1920
  • Lot area:0.37 Acres
  • Lot Features:Busline, Mature Trees, Sidewalks
  • Architectural Style:Ranch
  • Construction Materials:Vinyl Siding
  • Foundation Description:Block

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$225,000
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.

New listings near 15 N Riley Avenue