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Renovated Four-Unit Quadplex
New
For Sale
$250,000

2930 N Dearborn Street, Indianapolis, IN 46218

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.12 Acres
Days on Market4

Property Features for 2930 N Dearborn Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Subdivision Rosedale
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 490729159146000101
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Rosedale L10
Legal Description Rosedale L10

Utilities

Heating system Electric (Heating)

Building Details

Year built 1910
Floors in Building 1
Number of units 4
Building materials Cement Siding
Roof type Asphalt
Architectural style Ranch, Craftsman
Listing Agency: Keller Williams Indpls Metro N · Keller Williams Realty
Listed By: Peter Stewart · License #RB15000083
Added: Aug 25 Last Checked: Aug 28 at 4:06AM
MLS# 22121036

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.

Located at 2930 N Dearborn Street in Indianapolis, this renovated quadplex contains four efficiency units of approximately 500 square feet each, with one bathroom per unit. The property combines Craftsman and ranch design elements with cement siding, an asphalt roof, and electric heating. Recent work includes new subflooring throughout, insulated plumbing, a sewer cleanout, Section 8-compliant updates, and LVP flooring.

Two units are leased through 2027, while the remaining two are vacant. Professional management is in place. The 0.12-acre property sits directly across from 128-acre Washington Park and is approximately 15 minutes from Downtown Indianapolis, with the 30th Street and Monon Trail corridors nearby.

Key Highlights

  • Four‑unit quadplex at 2930 N Dearborn Street, Indianapolis, IN 46218
  • 0.12‑acre property with four efficiency units of approximately 500sq ft each
  • Each unit includes 1 bath; two units are leased through 2027 and two are vacant

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Gym & Fitness Center Bakery

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

Location Intelligence

Trade Area within ½ mile

379
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Renovated efficiency apartments feature modern finishes, updated plumbing, and professionally managed operations.
Where is this quadplex located?
The property is located at 2930 N Dearborn Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Four‑unit quadplex at 2930 N Dearborn Street, Indianapolis, IN 46218; 0.12‑acre property with four efficiency units of approximately 500sq ft each; Each unit includes 1 bath; two units are leased through 2027 and two are vacant
More about this property
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