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$699,900 -

537 E 11th Street Indianapolis IN 46202

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

Location! Location! Location! Cash flow. Upside. This quadruplex sits just two blocks from the hottest area of downtown Indy, near Mass Ave and minutes from the vibrant Bottleworks District-placing tenants within walking distance of some of downtown Indianapolis' best dining, entertainment, and nightlife. The property offers an ideal blend of stability and flexibility, with current rents ranging from $1,500-$1,850 per unit. The unit mix includes long-term tenants, furnished rentals, and clear potential to expand into short-term rentals for increased yield. Renovated in 2024, the building features refreshed flooring throughout, updated appliances, and modernized interiors with a clean, turnkey feel. Furnished units are included in the sale, providing immediate income without additional capital investment. Whether you're looking for a strong performing asset today or a value-add play with STR upside, this is a rare opportunity in one of Indianapolis' most sought-after rental corridors. Broker-owned property.

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Property Details

Price: $699,900 Previously: $699,900 Originally: $699,900 Bathrooms: 0.00 MLS #: 22090881 Year Built: 1880 Township: Center Type: Residential Income Zip Code: 46202 City: Indianapolis Subdivision: Cosbys Sub Ovis Butlers 1st Add County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Cooling: Separate Meters
  • Heating: Natural Gas

Exterior Features

Exterior Features:
  • Features: Balcony
  • Setting / Lot Description: Sidewalks, Street Lights
  • # Acres: 0.12

Listing Office: Tyler Knows Real Estate 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 March 25th, 2026 at 11:30am EDT.

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