3614 E Washington Street, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
3614 E Washington Street,Indianapolis, IN 46201
$290,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tasheana hanza
Office: hanza realty, llc.
MLS#:22045368
Source:IN_MIBOR

Price summary

  • Price:$290,000

About this home

Turnkey 6-unit multifamily offered at $290,000. Six studio units with stable tenants and consistent in-place rents. Current monthly gross: $4,207 ($50,484 annually). Rents include three units at $680/month, one at $340 biweekly ($737/month), one at $300 biweekly ($650/month), and one at $180/week (~$780/month). Owner currently pays utilities. Estimated annual expenses: ~$7,056. Approximate NOI: $43,428. Strong return profile with solid in-place income. Buyer to verify all financials. Off-street parking. Located on Washington Street with access to shopping and public transportation. Stabilized, income-producing asset with consistent cash flow. No showings without accepted offer. Do not disturb tenants.

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Home facts

  • Year built:1925
  • Listing ID #:22045368
  • Added:329 day(s) ago
  • Updated:May 12, 2026 at 02:56 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Structure and exterior

  • Year built:1925
  • Lot area:0.28 Acres

Finances and disclosures

  • Price:$290,000

Parking

  • Garage:Yes
  • Garage spaces:1
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