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$550,000 -

3535 N College Avenue Indianapolis IN 46205

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.15
Acres

INVESTMENT opportunity! Purchase this 4-plex individually or with the neighboring 4-plex for added scale - 8 doors! 2025 cap rate near 6%. Each unit offers 3 bedrooms, 1 full bath, and an in-unit washer/dryer, with a mix of main-floor and upper-level layouts. This plus the neighboring 4-plex property, has seen nearly $180K in improvements, including a roof replacement (2020), LVP flooring throughout, and extensive interior updates to kitchens, baths, paint, and drywall. Add this income-producing asset to your portfolio today.

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Property Details

Price: $550,000 Previously: $550,000 Originally: $550,000 Bathrooms: 0.00 MLS #: 22089148 Year Built: 1910 Township: Center Type: Residential Income Zip Code: 46205 City: Indianapolis Subdivision: Hasselman Place County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Cooling: Window Unit(s)
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • Setting / Lot Description: Busline
  • # Acres: 0.15

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. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on March 25th, 2026 at 9:43am EDT.

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