Key facts
- Lot
- 0.1 acres
- Year built
- 1920
- Type
- Residential Income · Quadruplex
- Stories
- One
- MLS #
- 22132400
- County
- Marion
- Subdivision
- Lukenbills
About this home
Fantastic opportunity for investors to own a revenue-generating four-plex just minutes from downtown Indianapolis. Each unit offers 1 bedroom and 1 bathroom, with two of the four units currently leased through 2027, providing built-in stability and dependable income. The additional two units are currently vacant and ready for occupancy, offering immediate upside potential for increased cash flow. Many updates have been completed in all four units in the past two years, including new flooring, appliances, and fresh paint throughout. The vacant units are both move-in ready for a new tenant. Current monthly rental income totals $2310 for the two occupied units. Once all units are leased, total income has the potential to rise significantly, further enhancing the property's strong performance. The property's convenient location provides quick access to downtown Indianapolis, employment centers, shopping, dining, and entertainment. With stable long-term leases in place and room to increase income, this property is an excellent addition to any investor's portfolio. Tenants Rights Apply. As-Is.
Description provided by the listing brokerage.
Interior
- Basement
- Laundry
- Condition
Exterior
- Exterior features
- Construction
- Foundation
- Style
- Parking and garage
Systems
- Heating
- Cooling
Lot and HOA
- Lot features
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $4,664 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Price history
Every listing, price change and sale we have on record for this home.
| Date | Event | Price |
|---|---|---|
| Listed for sale | $280,000 | |
| Sold | $100,000 | |
| Listed for sale | $110,000 |
Properties displayed may be listed or sold by various participants in the MLS.
Information deemed reliable but is not guaranteed accurate.
© 2026 MIBOR REALTOR® Association
Based on information submitted to the Broker Listing Cooperative listing service as of November 3, 2026
Estimate your monthly payment
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.
Talk to a lender we trustLocation
Open in Google Maps- Address
- 933 N Ewing Street, Indianapolis, IN 46201
- County
- Marion
