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
  • Pending
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

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Home facts

  • Year built:1920
  • Subdivision & Development:Blankenship Et Al Pleasant View
  • Listing ID #:22109490
  • Added:140 day(s) ago
  • Updated:November 10, 2026 at 08:47 AM

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
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