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    2814 E Michigan St Indianapolis, IN 46201

    Pending
    For Sale
    $600,000

    Quadruplex - Indianapolis, IN

    Type:Quadruplex
    Lot size:
    0.11 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 2814 E Michigan St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Property condition
    New Construction
    Standard status
    Pending
    Zoning
    Multi Family
    APN
    491005194010000101
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2025
    Number of units
    4
    Architectural style
    Other
    BuilderName
    Golden House Const

    Keller Williams Indianapolis Metro North (317) 846-6300 [email protected]

    Listing agent Jennifer Johnston (317) 846-6300 License #RB21002436

    Listing date Nov 3, 2025

    MLS# 22070675 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Indianapolis Quadruplex Near Downtown

    This new construction quadplex is located minutes from Downtown Indianapolis, providing residents with convenient access to Mass Ave, Irvington, and the Bottleworks District, which features dining, coffee shops, nightlife, and boutique shopping. The property's location also offers proximity to Ellenberger Park, Brookside Park, and the Cultural Trail, granting tenants access to outdoor recreation and green space. Situated on a 0.11-acre lot, this property is located in Indianapolis, IN 46201. The property is zoned for multi-family use. Units A & B are rented out for $1,500 monthly. Tenant rights do apply. This property represents an opportunity in an area experiencing strong rental demand and continued revitalization. This property offers versatility and upside.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.116068
    Latitude
    39.774735

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    FAQs

    What type of property is this?
    Quadplex - New construction quadplex near downtown Indianapolis with strong rental demand.
    Where is this quadplex located?
    The property is located at 2814 E Michigan St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - New construction quadplex (turnkey); - Strong rental demand area; - Minutes from Downtown Indianapolis, Mass Ave, Irvington, and Bottleworks District
    (317) 846-6300
    Request Owner's contact information
    2814 E Michigan St Indianapolis, IN 46201
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    Indianapolis, IN 46201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2814 E Michigan St Indianapolis, IN 46201
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