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Quadplex 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 Market62

Property Features for 2521 E 10th Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Basement, Bedroom 2, Bathroom 1, Bathroom 2
Basement Partial, Unfinished
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
Tax Annual Amount 4216
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: Oct 8 Last Checked: Oct 13 at 12:06AM
MLS# 22120114

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.

Investment Insights

Based on property information with market context.

This four-unit residential property has two lower apartments, each with a living room, bedroom, kitchen, and bathroom. The upper apartments combine the living area and bedroom with a kitchen and bathroom. Both lower units are occupied; the two upper units are vacant. A one-car garage is included.

Built in 1900, the property sits on a 0.14-acre lot and has natural gas, forced-air heating and an asphalt roof.

Key Highlights

  • Four residential units across lower and upper levels
  • Lower apartments each include a living room, bedroom, kitchen, and bathroom
  • Upper apartments each have a combined living room and bedroom, kitchen, and bathroom

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Spa & Massage Center Real Estate Agency Dental Office Pharmacy 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
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four apartments offer distinct lower- and upper-level layouts, with two units currently occupied.
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 residential units across lower and upper levels; Lower apartments each include a living room, bedroom, kitchen, and bathroom; Upper apartments each have a combined living room and bedroom, kitchen, and bathroom
More about this property
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