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6028 Laurel Hall Drive

Indianapolis, IN 46226

ActiveListed Sep 28, 2026 · 20 days on market

Key facts

Lot
0.53 acres
Year built
1978
Type
Residential Income · Quadruplex
Stories
Three or more
Garage
4 spaces
MLS #
22128457
County
Marion
Subdivision
Devington Acres

About this home

Excellent investment opportunity on Indy's northeast side! This solid 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, 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

Laundry
Common Laundry

Exterior

Construction
Vinyl With Brick
Style
Traditional
Parking and garage
Asphalt

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$10,722 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,152per month, estimated
Principal and interest $2,112Property tax $894Insurance $147
20% · $83,800
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$419,000
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