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Four-Unit Townhome Quadplex
For Sale
$949,000

1101 Sterling Street, Indianapolis, IN 46201

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.11 Acres
Days on Market49

Property Features for 1101 Sterling Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Subdivision Fletcher
Lot features Busline, Sidewalks
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Active
APN 490731165002000101
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Fletcher Homestead Add L1
Legal Description Fletcher Homestead Add L1

Building Details

Year built 1910
Floors in Building 2
Number of units 4
Architectural style Other
Listing Agency: United Real Estate Indpls
Listed By: Benjamin Claghorn · License #RB14045889
Added: Jul 22 Changed: Aug 28 Last Checked: Sep 8 at 10:06AM
MLS# 22115707

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1910 quadplex consists of four attached townhome residences at 1101, 1103, 1105, and 1107 Sterling Street. Each unit provides three bedrooms and one and one-half baths, with a loft occupying the third floor. The property sits on approximately 0.11 acres.

All four residences are occupied, and management is already in place. A party wall agreement governs the attached construction, while the units may be sold separately. The property is within a short walk of the Bottleworks District, Mass Ave, Kan-Kan, and Amelia's.

Key Highlights

  • Four attached townhome units at 1101, 1103, 1105, and 1107 Sterling Street
  • Each residence includes 3 bedrooms and 1.5 baths
  • Third‑floor lofts in each townhome

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Pharmacy Accounting Firm Grocery & Convenience Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,030
Businesses Nearby

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Occupied attached residences offer third-floor lofts, established management, and flexibility for separate unit sales.
Where is this quadplex located?
The property is located at 1101 Sterling Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Four attached townhome units at 1101, 1103, 1105, and 1107 Sterling Street; Each residence includes 3 bedrooms and 1.5 baths; Third‑floor lofts in each townhome
More about this property
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