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$449,000 -

323 N Arsenal Avenue Indianapolis IN 46201

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.12
Acres

Discover this prime investment opportunity at 323 N Arsenal Ave in Arsenal Heights, a highly desirable neighborhood on Indianapolis's east side, just minutes from downtown Indy and Highland Park. This well-maintained quadplex features four spacious 1-bedroom, 1-bathroom units, with two currently occupied generating reliable income of $1,000 and $895 per month, while the other two units stand vacant and ready for immediate tenant placement to boost your cash flow even further. All utilities are conveniently billed back to tenants through the leases, minimizing owner expenses and maximizing returns. Whether you're a savvy investor eyeing robust cash flow in a thriving, up-and-coming area or a house hacker aiming to live in one unit while renting out the rest to offset your mortgage, this property delivers the perfect blend of flexibility and profitability.

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Property Details

Price: $449,000 Previously: $449,000 Originally: $449,000 Bathrooms: 0.00 MLS #: 22061999 Year Built: 1910 Township: Center Type: Residential Income Zip Code: 46201 City: Indianapolis Subdivision: L A Wrights County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Cooling: None
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • Setting / Lot Description: Access, Busline, Sidewalks
  • # Acres: 0.12

Listing Office: @properties

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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 13th, 2025 at 10:11am EDT.

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