1635 Central Avenue, Indianapolis, IN 46202

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1635 Central Avenue,Indianapolis, IN 46202
$525,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: emily huskey
Office: keller williams indy metro partners
MLS#:22105508
Source:IN_MIBOR

Price summary

  • Price:$525,000

About this home

**Multiple offers received, highest and best was due 7/6. Pending home sale contingency** Located at the intersection of the highly desirable Herron Morton and Old Northside neighborhoods, AND in a designated Opportunity Zone, this property offers a prime opportunity for experienced landlords, or investors entering the multifamily market. The FULL complex consists of three all brick buildings, four units each. THIS LISTING is for ONE of the buildings (4 units). Buildings can be purchased together as a 12 unit complex, or split into four plexes. Each building already has its own parcel number and legal description. (See BLC#22103331 for commercial listing which includes ALL 12 UNITS.) Each unit features a spacious two bedroom, one bath layout with lots of natural light. Units are currently leased for $895-$995 per month. All leases will renew at $995. With a fantastic 95% occupancy rate maintained over the past several years, this proven income-producing asset delivers consistent cash...

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:1930
  • Subdivision & Development:Ritters Sub Johnson
  • Listing ID #:22105508
  • Added:71 day(s) ago
  • Updated:August 12, 2026 at 04:28 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Storage Space, Unfinished

Heating and cooling

  • Cooling:Central Electric
  • Heating:Electric, Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1930
  • Lot area:0.12 Acres
  • Lot Features:Mature Trees, Sidewalks, Street Lights
  • Construction Materials:Brick

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$525,000

Features and amenities

  • Amenities:Storage
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 1635 Central Avenue