What to know about this one.
16-unit fully renovated building producing $15,910/mo with $2,890 upside on 2 vacant units.
Estimate your monthly payment
- P&I $10,326
- Property tax $1,625
- Insurance $682
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 trust2008/2012 E Washington St
Indianapolis, IN 46201



