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5907 Staughton Drive

Indianapolis, IN 46226

PendingListed Sep 28, 2026 · 21 days on market

Key facts

Lot
0.78 acres
Year built
1960
Type
Residential Income · Quadruplex
Garage
4 spaces
MLS #
22126166
County
Marion
Subdivision
Devington Acres

About this home

Excellent investment opportunity on Indy's northeast side! This solid brick four-unit apartment building offers immediate cash flow with additional upside for the next owner. Each unit features 2 bedrooms and 1 full bathroom, with tenants paying their own electricity. Three units are currently occupied with rents slightly below market, providing an opportunity to increase income over time, while the vacant unit offers flexibility to place a new tenant at market rent or make this an attractive owner-occupant opportunity. A detached garage provides each unit with its own dedicated garage space-a valuable amenity for tenants and an additional advantage when attracting future renters. With eight total bedrooms, four units, durable brick construction, tenant-paid electric, and dedicated garage parking, this property has the fundamentals for a strong long-term investment. Enjoy cash flow from day one with the opportunity to increase rents and maximize future income. Ideal for an investor looking to expand their portfolio or an owner-occupant looking to live in one unit while generating income from the other three.

Description provided by the listing brokerage.

Interior

Basement
Exterior EntryPartially Finished
Laundry
Common LaundryIn Basement

Exterior

Exterior features
Lighting
Roof
AsphaltCompositionShingle
Construction
BrickWood Siding
Foundation
Block
Style
Traditional
Parking and garage
Detached

Systems

Heating
ElectricForced Air
Cooling
Central Air

Schools

Elementary school
Skiles Test Elementary School
Middle school
Belzer Middle School
High school
Lawrence Central High School
School district
MSD Lawrence Township

Taxes

Estimated annual tax
$5,154 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,774per month, estimated
Principal and interest $2,192Property tax $430Insurance $152
20% · $86,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, 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.

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Listed at$434,900
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