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Four-Unit Townhome Quadplex
For Sale
$800,000

1623 N Arsenal Avenue, Indianapolis, IN 46218

Each residence has two bedrooms, two-and-a-half bathrooms, and a private entrance.

Property SizeContact for details
Days on Market81

Property Features for 1623 N Arsenal Avenue

General Information

Standard status Active
Property subtype Residential Income

Site & Location

Neighborhood Martindale - Brightwood

Units

Unit Mix 4 x 2BR/2.5BA
Multifamily Units 4

Building Details

Year Built 2026
Units 4
Listing Agency: Batts Real Estate Group
Listed By: Lisa Batts
Source: Battsrealestategroup
Added: Aug 5 Changed: Oct 22 Last Checked: Oct 22 at 2:16PM

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 Batts Real Estate Group

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Investment Insights

Based on property information with market context.

This 2026-built quadplex contains four townhome residences, each offering 1,320 square feet with two bedrooms and two-and-a-half bathrooms. The interiors feature an open layout, a contemporary kitchen, and a separate entrance for each unit. Both bedrooms in each residence measure approximately 16 by 11 feet.

The property is at 1623 N Arsenal Avenue in Indianapolis, near parks, local shops, dining, and downtown Indianapolis.

Key Highlights

  • Four townhome residences, each with 1,320 square feet
  • Each unit includes 2 bedrooms and 2.5 bathrooms
  • Both bedrooms in each unit measure approximately 16' x 11'

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

624
Businesses Nearby

Demographics for 46218, IN

30,400
Population
15,343
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
9.5 sq mi
ZIP Area
3,200
Density / Sq Mi
$34,635
Median Household Income
$29,745
Median Earnings
$1,056
Median Rent
$90,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Each residence has two bedrooms, two-and-a-half bathrooms, and a private entrance.
Where is this quadplex located?
The property is located at 1623 N Arsenal Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Four townhome residences, each with 1,320 square feet; Each unit includes 2 bedrooms and 2.5 bathrooms; Both bedrooms in each unit measure approximately 16' x 11'
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