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Four-Unit Property with Garage
For Sale
$229,900

2521 E 10th Street, Indianapolis, IN 46201

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.14 Acres
Days on Market10

Property Features for 2521 E 10th Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Rooms Basement
Basement Unfinished, Partial
Subdivision S M Houstons Sub May Wasson & Cos Highland Park
Lot features Access, Busline, City Lot, Curbs, Not In Subdivision, Sidewalks, Storm Sewer, Street Lights, Trees- Small ( Under 20 Ft)
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 491005109010000101
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description S M Houston S Sub May Wasson & Co Highland Parklot 7
Legal Description S M Houston S Sub May Wasson & Co Highland Parklot 7

Utilities

Heating system Natural Gas, Forced Air

Building Details

Year built 1900
Floors in Building 2
Number of units 4
Roof type Asphalt
Architectural style Other
Listing Agency: Doc Real Estate, Inc
Listed By: Kip Kistler · License #RB14019098
Added: Aug 13 Changed: Aug 20 Last Checked: Aug 22 at 8:06PM
MLS# 22120114

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.

This four-unit residential property includes two lower residences and two upper residences. Each lower unit has a living room, bedroom, kitchen, and bathroom, while the upper units feature a combined living and bedroom area, kitchen, and bathroom. Two lower units are occupied, and both upper units are currently vacant. The property also includes a one-car garage and a basement. Constructed in 1900, the building has an asphalt roof and natural gas forced-air heat.

The property sits on 0.14 acres at 2521 E 10th Street in Indianapolis, Indiana, within ZIP Code 46201. Its four-unit configuration, existing garage, and varied unit layouts provide a clearly defined residential income property format.

Key Highlights

  • Four‑unit residential property with two lower and two upper units
  • Lower units include living room, bedroom, kitchen, and bathroom
  • Upper units feature combined living and bedroom areas plus kitchen and bathroom

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Spa & Massage Center Real Estate Agency Pharmacy Dental Office Storage Facility

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
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

474
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

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 - Upper and lower residences provide distinct living, kitchen, and bath areas within the building.
Where is this quadplex located?
The property is located at 2521 E 10th Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Four‑unit residential property with two lower and two upper units; Lower units include living room, bedroom, kitchen, and bathroom; Upper units feature combined living and bedroom areas plus kitchen and bathroom
More about this property
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