2008 / 2012 E Washington Street
Indianapolis, IN 46201
0
Bed
0
Bath
0.12Acre(Lot)
A 16-unit building bringing in $15,910 a month with another $2,890 sitting on the table once you fill the two vacant units. Two side-by-side 8-unit buildings at 2008 and 2012 E Washington, sold together as one package. Every unit is a one-bed, one-bath layout, fully renovated under current ownership. New flooring, fresh paint, updated fixtures, modern kitchens and bathrooms. Electronic locks on every door, so turnovers don't turn into a rekey project. Fourteen units are leased today. Rents run from $1,060 to $1,175, with most around $1,130. Stabilized at $1,175 across all 16, the property produces $18,800 a month, or $225,600 a year. Two of the eight units in 2008 are vacant and turn-ready. Lease them up and that upside is yours, no renovation required. The expense side is clean. Seventeen
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: Yes
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Building Information
Year Built: 1910
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Lot Information
Lot Square Feet: 5000 Lot Acres: 0.12Property Information
Property Type: Residential Income Sub Type: Quadruplex
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Listing Price Information
Original List Price:$1950000
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Tax Information
Tax Lot: 491006159076000101 Tax Legal Description: State Plaza L7 & L8 Tax Year: 2024 Parcel Number: 491006159075000101
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Location Information
Subdivision: State Plaza City: Indianapolis Direction: GPS Friendly
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4919 Young Avenue, Indianapolis, IN, 46201 | $199,000 | -- | -- | -- | |
| 15 N Riley Avenue, Indianapolis, IN, 46201 | $240,000 | -- | -- | -- | |
| 319 N Dequincy Street, Indianapolis, IN, 46201 | $280,000 | -- | -- | -- | |
| 405 Wallace Avenue, Indianapolis, IN, 46201 | $189,900 | -- | -- | -- | |
| Undisclosed Address, Indianapolis, IN, 46201 | $165,000 | -- | -- | -- | |
| 955 N Bosart Avenue, Indianapolis, IN, 46201 | $195,000 | -- | -- | -- | |
| 24 S Euclid Avenue, Indianapolis, IN, 46201 | $120,000 | -- | -- | -- | |
| 6 S Euclid Avenue, Indianapolis, IN, 46201 | $149,900 | -- | -- | -- | |
| 4432 E 10th Street, Indianapolis, IN, 46201 | $130,000 | -- | -- | -- | |
| 4225 E Washington Street, Indianapolis, IN, 46201 | $635,000 | -- | -- | -- |
Similar Multifamily To 2008 / 2012 E Washington Street
Nearby For Sale
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ByOwner last updated this listing 07/25/2026 @ 06:20
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