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46 N Ritter Avenue

Indianapolis, IN 46219

– beds
– baths
– sqft
13,440 sqft lot
1915 build

Great Investment Opportunity in Irvington - Updated Fourplex with Prime Location! This well-maintained Fourplex is an excellent addition to any investment portfolio. Featuring a mix of 2-bedroom and 1-bedroom units. Unit A has a long term resident with a lease through 9/2025, and Unit D has long term resident with a lease through 11/2025, while Unit B & C are currently vacant, providing a great opportunity for immediate occupancy or rental income. Conveniently located just a short distance from the heart of Irvington, residents will enjoy easy access to public transportation, retail shops, dining options, and are within close proximity to Downtown Indianapolis. Whether you're interested in long-term rentals, short-term leasing or house hacking, this property offers versatility and the potential for steady returns. Don't miss out on this promising investment!

Listing courtesy of MIBOR / T&H Realty Services, Inc.

Last checked: Checking… • Last updated Feb 8, 2025 •

MLS# 22021277 —

The Building

Year Built:

1915
New Construction:

false
Construction Materials:

Wood
Architectural Style:

TraditonalAmerican
Levels:

Two
Basement:

true
Security Features:

Smoke Alarm
Green Certification:

No

Interior

Laundry Features:

Other

Location

Directions:

GPS Friendly
Latitude:

39.771946
Longitude:

-86.074005

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Fourplex
Property Attached:

false
Parcel Number:

491003104046002701
Acres:

1/4-1/2 Acre
Lot Features:

Sidewalks
Lot Size Acres:

0.31
Lot Size SqFt:

13,440 Sqft
Price Per Acre:

1564516
Structure Type:

Quadruplex
Current Use:

Residential
Road Access:

See Remarks

Listing Agent

Contact info:

Taxes

Tax Lot:

10 & 11
Tax Year:

2023
Tax Exemptions:

None
Semi Annual Property Tax Amt:

2937

Utilities

Solid Waste:

No

Schools

High School District:

MSD Warren Township

The Community

Subdivision Name:

Levi Ritters

Parking

Parking:

On Street,Paved Area

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/7/25 Feb 7, 2025	Relisted	MIBOR	$485,000	11.5% (4.4% / YR)
7/26/24 Jul 26, 2024	Pending	MIBOR
7/15/24 Jul 15, 2024	Listed / Active	MIBOR

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This multifamily located in East Side, Indianapolis, IN 46219 is currently for sale for $485,000. 46 N Ritter Avenue is a – square foot multifamily with – beds and – baths. 46 N Ritter Avenue is in the East Side neighborhood of Indianapolis and has a WalkScore® of 80, making it very walkable. This multifamily is in the attendance area of Arsenal Technical High School, George Washington Community High School, Riverside High School, T C Howe Community School, and George W. Julian School 57.

Listing Courtesy of: MIBOR and T&H Realty Services, Inc..

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. 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.

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