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$700,000 -

55 W Fall Creek Parkway South Drive Indianapolis IN 46208

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.16
Acres

Welcome to this outstanding multi-family property nestled in one of Indianapolis'most desirable neighborhoods. This gem features four thoughtfully designed units, each offering comfortable two-bedroom, one-bathroom layouts perfect for residents seeking convenience and quality living. Situated in a vibrant community, this property enjoys proximity to numerous local amenities that tenants will appreciate. The beautiful George E. Kessler Park is just steps away, offering green spaces for outdoor recreation and relaxation. When hunger strikes, the renowned Goose The Market is within walking distance, providing specialty foods and groceries for culinary enthusiasts. Commuting is a breeze with the Meridian Street and Fall Creek/Ivy Tech Station nearby, connecting residents to the greater Indianapolis area. Families will value the property's location within reach of Herron High School, known for its exceptional academic programs. Investors will recognize the tremendous potential this four-unit building presents in Indianapolis ' growing rental market. The consistent floor plans across all units streamline maintenance and management, while the strategic location ensures strong tenant demand year-round. Whether you want to expand your real estate portfolio or seek your first multi-family investment, this property offers the perfect balance of location, functionality, and growth potential. The solid brick construction and well-maintained grounds represent the property's enduring value. Don't miss this opportunity to own a piece of Indianapolis real estate with excellent income potential in a neighborhood that continues to flourish!

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Property Details

Price: $700,000 Previously: $700,000 Originally: $700,000 Bathrooms: 0.00 MLS #: 22042809 Year Built: 1910 Township: Center Type: Residential Income Zip Code: 46208 City: Indianapolis Subdivision: Rubens Wildwood County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Cooling: Central Air
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • Setting / Lot Description: Access
  • # Acres: 0.16

Listing Office: Red Hot, Realtors Llc

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on September 11th, 2025 at 5:25pm EDT.

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