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5334 E Washington Street Indianapolis IN 46219
- -
- Bedrooms
- -
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 0.25
- Acres
Rare 5-unit multi-family investment opportunity in the desirable Irvington area! Ideally located on Washington Street, this property has a strong history of 100% occupancy and offers excellent upside potential. Each unit features 1 bed and 1 bath, with all units remodeled and updated. All leases are month-to-month, allowing for immediate rent increases to market rates. Tenants pay electricity; owner covers water, sewer, and gas. Each unit offers private covered porch or deck areas, and the property provides ample private parking in the rear. Property includes two 92% gas furnaces (2018), a gas water heater (2012), and refrigerators and stoves furnished by the seller, all newer within the last 10 years. The roof and decking have durable 30-year shingles. One unit is currently vacant and available for showings. Conveniently located near shops, dining, parks, and commuter routes, this is a rare opportunity to own a well-maintained, income-producing property in a high-demand area.
Property Details
Interior Features
- Heating: Forced Air
Exterior Features
- Setting / Lot Description: Sidewalks, Mature Trees
- # Acres: 0.25
Listing Office: Trueblood Real Estate
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Listing information last updated on October 16th, 2025 at 12:25pm EDT.
