1602 E Vermont Street, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1602 E Vermont Street,Indianapolis, IN 46201
$425,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: michael miller
Office: f.c. tucker company
MLS#:22130450
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$425,000

About this home

Expand your investment portfolio with this well-maintained, brick-exterior fourplex! The property includes two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one efficiency unit. The larger 2-bedroom unit offers 1,225 square feet, its own washer and dryer, and central air. The second 2-bedroom unit offers 827 square feet, while the 1-bedroom unit offers 884 square feet. Shared basement laundry serves these two units and the efficiency unit. Improvements include replacement of the gas distribution system in 2021 and substantial roof replacement in 2023. Gross scheduled annual charges total $41,340. Ownership has historically prioritized tenant retention and minimal vacancy over maximizing rents, offering an opportunity to evaluate future rental growth. See attachments for lease details, utilities and additional improvements. Buyers should independently verify market rents and future rental potential. Please do not disturb tenants.

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Home facts

  • Year built:1910
  • Subdivision & Development:Sturm & Kollers
  • Listing ID #:22130450
  • Added:18 day(s) ago
  • Updated:October 27, 2026 at 05:02 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Structure and exterior

  • Roof:Asphalt
  • Year built:1910
  • Lot area:0.12 Acres
  • Lot Features:Sidewalks
  • Construction Materials:Brick

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$425,000

Features and amenities

  • Amenities:Storage
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