Active

2930 N Dearborn Street

Indianapolis, IN 46218
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

Acres0.12

Acre(Lot)

Turnkey quadplex opportunity at 2930 N Dearborn St! Located in historic Martindale-Brightwood just 15 minutes from Downtown Indianapolis, this renovated four-unit property is primed for savvy investors and house hackers ready to offset living costs. All units are efficiency layouts (~500sq ft) with 1 bath ea, all turnkey, backed by over $40k in recent major improvements-including upgraded composition cement siding, new subflooring in all units, insulated plumbing, sewer cleanout, Section 8-compliant updates, and stylish modern finishes with LVP flooring. Currently under professional management, two units are leased into 2027 at $599/mo for reliable immediate cash flow paired with flat utility reimbursements ($185/mo), while two vacant units provide instant move-in flexibility or fresh leas e-up upside. When fully leased the property is nearly at the 1% mark, and with section 8 tenants it should easily exceed that metric. Situated directly across from the 128-acre Washington Park-fresh off a $3.2M Lilly Endowment investment bringing a new splash pad, playgrounds, sports courts, and trails-and just moments from the booming 30th Street and Monon Trail corridors. Delivering effortless management, strong rental demand, and long-term neighborhood appreciation, this versatile quadplex is an outstanding addition to any portfolio. Schedule your showing today!

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $250,000

AD Id : 90012697

MLS Id : MBR22121036

Lot Size : 0.12 Acre

Year Built : 1910

County : Marion

Subdivision: Rosedale

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Interior Features

    Roof: Asphalt Laundry Features: No Laundry Facil.

    Roofing Information

    Asphalt
  • Flooring Information

    Construction Materials: Cement Siding
  • Heating & Cooling

    Heating: Electric Cooling: None

  • Building Information

    Year Built: 1910
  • Exterior Features

    Not Applicable Construction Materials: Cement Siding Foundation Details: Crawl Space

  • Lot Information

    Lot Square Feet: 5053 Lot Acres: 0.12

    Property Information

    Property Type: Residential Income Sub Type: Quadruplex Style: Craftsman, Ranch Structure Type: Quadruplex

  • Listing Price Information

    Original List Price:$250000

  • Tax Information

    Tax Lot: 10 Tax Legal Description: Rosedale L10 Tax Year: 2025 Parcel Number: 490729159146000101

  • Location Information

    Subdivision: Rosedale City: Indianapolis Direction: GPS Friendly
Sell a home like this and save $14,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...
Broker Logo

Disclaimer: The information being provided courtesy of MIBOR REALTOR® Association as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the MIBOR REALTOR® Association. ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MIBOR REALTOR® Association. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 08/27/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 08/27/2026 @ 18:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


DMCA Notice: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

ByOwner last updated this listing 08/27/2026 @ 18:20

MLS: MIBOR #22121036 LISTED BY: Peter Stewart, Keller Williams Indpls Metro N 317-846-6300 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

Homes around $250,000

Selling? Save $14,501 when you sell a home like this

Tour with a ByOwner Agent