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55 W Fall Creek Parkway South Drive

Indianapolis, IN 46208

– beds
– baths
– sqft
6,886 sqft lot
1910 build

Welcome to this exceptional multi-family property offering a solid investment opportunity. This all-brick four-plex stands out with its recent upgrades to kitchens and bathrooms, ensuring modern comfort and style. The property is 100% occupied, and each unit features 2 bedrooms and 1 bath, demonstrating its appeal in the rental market. With a practical and well-maintained parking lot at the rear, this property provides ample parking space for tenants, adding to its desirability. The location is superb, just a short distance from educational, transit, shopping, and recreational amenities that enhance tenant living experiences and property value. Whether you want to expand your investment portfolio or venture into the real estate market, this property offers a compelling location, condition, and income potential package.

Listing courtesy of MIBOR / Red Hot, REALTORS LLC

Last checked: Checking… • Last updated Dec 10, 2024 •

MLS# 22003686 —

The Building

Year Built:

1910
New Construction:

false
Construction Materials:

Brick
Levels:

Two
Basement:

false
Foundation Details:

Full
Security Features:

Smoke Alarm
Green Certification:

No

Interior

Laundry Features:

Laundry Closet

Location

Directions:

GPS Friendly
Latitude:

39.802016
Longitude:

-86.158639

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Fourplex
Parcel Number:

490625134006000101
Acres:

<1/4 Acre
Lot Features:

Access
Lot Size Acres:

0.16
Lot Size SqFt:

6,886 Sqft
Price Per Acre:

4531250
Structure Type:

Quadruplex
Current Use:

Apt<20
Road Access:

Not Applic

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Semi Annual Property Tax Amt:

3004

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Electric

Utilities

Building Utilities:

Municipal Storm Connected,Storm Sewer,Water
Solid Waste:

Yes

Schools

High School District:

Indianapolis Public Schools

The Community

Subdivision Name:

Rubens Wildwood

Parking

Parking:

Parking Lot

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
12/3/24 Dec 3, 2024	Relisted	MIBOR	$725,000
11/25/24 Nov 25, 2024	Pending	MIBOR	$725,000
9/26/24 Sep 26, 2024	Listed / Active	MIBOR	$725,000

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This multifamily located in North Side Indianapolis, Indianapolis, IN 46208 is currently for sale for $725,000. 55 W Fall Creek Parkway South Drive is a – square foot multifamily with – beds and – baths. 55 W Fall Creek Parkway South Drive is in the North Side Indianapolis neighborhood of Indianapolis and has a WalkScore® of 78, making it very walkable. This multifamily is in the attendance area of Elder W. Diggs School 42, Northwest Community Middle School, Riverside High School, Arsenal Technical High School, and George Washington Community High School.

Listing Courtesy of: MIBOR and Red Hot, REALTORS LLC.

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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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