Pending

537 E 11th Street

Indianapolis, IN 46202
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Bed 0

Bed

Bath 0

Bath

Acres0.12

Acre(Lot)

Location! Location! Location! Cash flow. Upside. This quadruplex sits just two blocks from the hottest area of downtown Indy, near Mass Ave and minutes from the vibrant Bottleworks District-placing tenants within walking distance of some of downtown Indianapolis' best dining, entertainment, and nightlife. The property offers an ideal blend of stability and flexibility, with current rents ranging from $1,500-$1,850 per unit. The unit mix includes long-term tenants, furnished rentals, and clear potential to expand into short-term rentals for increased yield. Renovated in 2024, the building features refreshed flooring throughout, updated appliances, and modernized interiors with a clean, turnkey feel. Furnished units are included in the sale, providing immediate income without additional c apital investment. Whether you're looking for a strong performing asset today or a value-add play with STR upside, this is a rare opportunity in one of Indianapolis' most sought-after rental corridors. Broker-owned property.

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Detail Ic Property Details

Property Type : Residential Income

Price : $699,900

AD Id : 76362114

MLS Id : MBR22090881

Lot Size : 0.12 Acre

Year Built : 1880

Garage : 2

County : Marion

Subdivision: Cosbys Sub Ovis Butlers 1st Add

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Feature Features

  • Room Information

    Has Basement: Yes
  • Flooring Information

    Construction Materials: Brick, Wood Siding
  • Heating & Cooling

    Heating: Natural Gas Cooling: Separate Meters

  • Building Information

    Year Built: 1880
  • Exterior Features

    Balcony Construction Materials: Brick, Wood Siding Foundation Details: Brick/Mortar, Crawl Space

  • Lot Information

    Lot Description: Sidewalks, Street Lights Lot Square Feet: 5171 Lot Acres: 0.12

    Property Information

    Property Type: Residential Income Sub Type: Quadruplex Style: Victorian Structure Type: Quadruplex

  • Listing Price Information

    Original List Price:$699900

  • Tax Information

    Tax Lot: 49-06-36-143-001.000-101 Tax Legal Description: Cosbys Sub Ovid Butlers 1st Add L3 & 3 E Side L2 Tax Year: 2024 Parcel Number: 490636143001000101

  • Parking Information

    Detached

    Garage Information

    Garage Space: 2

  • Location Information

    Subdivision: Cosbys Sub Ovis Butlers 1st Add City: Indianapolis Direction: GPS Friendly
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2141 Bellefontaine Street, Indianapolis, IN, 46202 $315,000 -- -- --
1633-1635 N New Jersey .., Indianapolis, IN, 46202 $929,900 -- -- --
2161 Gent Avenue, Indianapolis, IN, 46202 $425,000 -- -- --
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ByOwner last updated this listing 06/06/2026 @ 06:20

MLS: MIBOR #22090881 LISTED BY: Tyler Renick, Tyler Knows Real Estate LLC 317-258-7352 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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