4-Unit Brick
1602 E Vermont Street, Indianapolis, IN 46201
For Sale
$399,900
The unit mix combines two-bedroom apartments, a one-bedroom apartment and an efficiency.
Property SizeContact for details
Days on Market34
Property Features for 1602 E Vermont Street
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
shared basement laundry
Building Details
Year Built
Buildings
Construction
Listing Agency:
F.C. Tucker Company
(317) 259-6000
Listed By:
Michael Miller
(317) 370-0189
Source:
Locksteprealty
Added: Oct 8
Changed: Nov 9
Last Checked: Nov 10 at 1:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of F.C. Tucker Company
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Investment Insights
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Built in 1910, this brick fourplex contains two 2-bedroom/1-bath apartments, one 1-bedroom/1-bath apartment and an efficiency. The 1,225-square-foot 2-bedroom unit has central air and an in-unit washer and dryer. The other 2-bedroom unit measures 827 square feet, while the 1-bedroom unit is 884 square feet. Basement laundry is shared by those two apartments and the efficiency.
Updates include replacement of the gas distribution system in 2021 and substantial roof replacement in 2023.
Updates include replacement of the gas distribution system in 2021 and substantial roof replacement in 2023.
Key Highlights
- Four units: two 2‑bedroom/1‑bath apartments, one 1‑bedroom/1‑bath apartment and an efficiency
- Brick exterior; built in 1910
- 1,225‑square‑foot 2‑bedroom unit with central air and an in‑unit washer and dryer
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,201
Businesses Nearby
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Business Placement
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
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Market
Properties on Market for Quadplexes in Indianapolis
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - The unit mix combines two-bedroom apartments, a one-bedroom apartment and an efficiency.
Where is this quadplex located?
The property is located at 1602 E Vermont Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Four units: two 2‑bedroom/1‑bath apartments, one 1‑bedroom/1‑bath apartment and an efficiency; Brick exterior; built in 1910; 1,225‑square‑foot 2‑bedroom unit with central air and an in‑unit washer and dryer
