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$290,000 -

3614 E Washington Street Indianapolis IN 46201

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.28
Acres

Turnkey 6-unit multifamily offered at $290,000. Six studio units with stable tenants and consistent in-place rents. Current monthly gross: $4,207 ($50,484 annually). Rents include three units at $680/month, one at $340 biweekly ($737/month), one at $300 biweekly ($650/month), and one at $180/week (~$780/month). Owner currently pays utilities. Estimated annual expenses: ~$7,056. Approximate NOI: $43,428. Strong return profile with solid in-place income. Buyer to verify all financials. Off-street parking. Located on Washington Street with access to shopping and public transportation. Stabilized, income-producing asset with consistent cash flow. No showings without accepted offer. Do not disturb tenants. AS IS

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Property Details

Price: $290,000 Previously: $290,000 Originally: $340,000 Bathrooms: 0.00 MLS #: 22045368 Year Built: 1925 Township: Center Type: Residential Income Zip Code: 46201 City: Indianapolis Subdivision: Carter Sub Robson & Vorhees County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • # Acres: 0.28

Listing Office: Hanza Realty, 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. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on April 11th, 2026 at 5:13am EDT.

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