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Remodeled Quadplex with Unit Mix
For Sale
$630,000

1338 Barth Avenue, Indianapolis, IN 46203

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.14 Acres
Days on Market100

Property Features for 1338 Barth Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Rooms Basement
Subdivision Barth
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 491113102008000101
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Barth Hrs Add L1 B6
Legal Description Barth Hrs Add L1 B6

Amenities

covered front porch
private rear patio
yard/green space
rear parking
granite countertops
newer appliances
stackable washer/dryer

Building Details

Year built 1880
Number of units 4
Listing Agency: Highgarden Real Estate
Listed By: Marissa Bryant · License #RB14049744
Added: May 15 Changed: Aug 19 Last Checked: Aug 22 at 2:06PM
MLS# 22102398

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Built in 1880 and situated on 0.14 acres, this remodeled quadplex contains four apartments: two 2-bedroom, 2-bath units and two 1-bedroom, 1-bath units. Each apartment includes granite kitchen countertops, newer appliances, and a stackable washer and dryer. All four units are currently leased.

The lower-level 2-bedroom apartments add covered front porches, private rear patios, small yard or green-space areas, and rear parking. The property is within walking distance of Fountain Square restaurants, entertainment venues, coffee shops, and local attractions, with access to downtown Indianapolis, Eli Lilly, and major downtown events.

Key Highlights

  • Four‑unit quadplex with two 2‑bedroom, 2‑bath apartments and two 1‑bedroom, 1‑bath apartments
  • All four units currently leased
  • Granite kitchen countertops and newer appliances in every apartment

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Daycare Center Storage Facility Accounting Firm Computer & Electronic Repair

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

869
Businesses Nearby

Demographics for 46203, IN

38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
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 - Four leased apartments feature refreshed kitchens, newer appliances, and stackable washer and dryer units.
Where is this quadplex located?
The property is located at 1338 Barth Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Four‑unit quadplex with two 2‑bedroom, 2‑bath apartments and two 1‑bedroom, 1‑bath apartments; All four units currently leased; Granite kitchen countertops and newer appliances in every apartment
More about this property
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