What to know about this one.
5 UNIT INVESTMENT BRINGING IN $13,100 A MONTH - FULLY LEASED, TURNKEY, AND POSITIONED FOR LONG-TERM APPRECIATION. 1340 N Park Ave is a heavily updated five-unit building located in the heart of the Old Northside, one of…
- Property type
- Quadruplex
- Year built
- 1890
- Lot size
- 0.33 ac
- County
- Marion
- MLS #
- MBR22075803
Features
- Heating
- Heat Pump
- Cooling
- Ductless
- Heat Pump
Estimate your monthly payment
- P&I $8,065
- Property tax $1,333
- Insurance $560
Estimates only, not a quote. Defaults reflect Marion County / Indianapolis averages: property tax at 1.0% of price (Indiana homestead-capped at 1%), homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
Talk to a lender we trust1340 N Park Avenue
Indianapolis, IN 46202