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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 Market94

Property Features for 1101 Sterling Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 12
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 9, Bedroom 8, Bedroom 11, Bedroom 10, Bathroom 2, Bedroom 3, Bedroom 7, Bathroom 1, Bedroom 4, Bedroom 6, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 12, Bedroom 2
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
Tax Annual Amount 10980
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
Added: Jul 22 Changed: Oct 20 Last Checked: Oct 23 at 5:06PM
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.

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Investment Insights

Based on property information with market context.

This 1910-built quadplex comprises four townhomes, each with three bedrooms, one and a half bathrooms, and a loft on the third floor. The property occupies a 0.11-acre lot. A party wall agreement is in place, and the residences may be sold separately.

The homes are a short walk from the Bottleworks District, Mass Ave, Kan-Kan, and Amelia's in Indianapolis.

Key Highlights

  • Four townhomes, each with 3 bedrooms and 1.5 bathrooms
  • Third‑floor loft in each residence
  • All units occupied, with management in place

Property Analytics

Who owns this building? See the owner, sales and loan history
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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - All four residences are occupied and have management in place.
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 townhomes, each with 3 bedrooms and 1.5 bathrooms; Third‑floor loft in each residence; All units occupied, with management in place
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