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    4044 Boulevard Pl Indianapolis, IN 46208

    New
    For Sale
    $384,000

    Quadruplex - Indianapolis, IN

    Type:Quadruplex
    Lot size:
    0.12 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 4044 Boulevard Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    Rooms
    Basement
    APN
    490614125314000801
    Basement Y/N
    1
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Multi Units, Wall Unit(s)

    Building Details

    Year built
    1920
    Number of units
    4
    Architectural style
    Other

    eXp Realty (812) 734-6048 [email protected]

    Listing agent Kenneth Hall (888) 611-3912 License #RB21000369

    Listing date Dec 2, 2025

    MLS# 22064666 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 Quadplex in Butler Tarkington

    Located in the Butler Tarkington neighborhood, this well-maintained 4-unit quadplex presents an opportunity for investors or owner-occupants. The property has undergone major updates, including replacement of all windows, the roof, and three of the four water heaters in recent years. Two of the units are currently rented, while the other two offer potential for owner occupancy and additional rental income. The property includes a clean, shared basement with on-site laundry facilities. Rear parking is available. Electric utilities are separately metered for each unit. Market rents have ranged from $900 to $975 per month. The property is situated on a lot of 0.12 acres in Marion County.
    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
    -86.16433
    Latitude
    39.829661

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained 4-unit quadplex in desirable Butler Tarkington neighborhood.
    Where is this quadplex located?
    The property is located at 4044 Boulevard Pl Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $384,000.
    What are key features of this property?
    This property features: - Well-maintained 4-unit quadplex in the desirable Butler Tarkington neighborhood.; - Opportunity for owner-occupancy with potential rental income from other units.; - Major updates completed: new windows, roof, and three newer water heaters.
    (888) 611-3912
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    Indianapolis, IN 46208
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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
    4044 Boulevard Pl Indianapolis, IN 46208
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