Renovated Four-Unit
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 Market25
Property Features for 2930 N Dearborn Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1, Bathroom 1
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
Tax Annual Amount
4092
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
(317) 846-6300
Listed By:
Peter Stewart · License #RB15000083
(317) 450-9202
Added: Aug 25
Changed: Sep 11
Last Checked: Sep 18 at 5:06PM
MLS# 22121036
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.
Located at 2930 N Dearborn Street in Indianapolis, this renovated quadplex contains four efficiency units of approximately 500 square feet, each with one bathroom. Improvements include cement siding, new subflooring throughout the units, insulated plumbing, a sewer cleanout, Section 8-compliant updates, and LVP flooring. The property was built in 1910 and includes electric heating, an asphalt roof, and Craftsman and Ranch architectural elements.
Three units are leased through 2027, while the remaining unit is vacant. Professional management is already in place. The property occupies 0.12 acres directly across from Washington Park, a 128-acre park with a splash pad, playgrounds, sports courts, and trails. Downtown Indianapolis is approximately 15 minutes away, with the 30th Street and Monon Trail corridors also nearby.
Three units are leased through 2027, while the remaining unit is vacant. Professional management is already in place. The property occupies 0.12 acres directly across from Washington Park, a 128-acre park with a splash pad, playgrounds, sports courts, and trails. Downtown Indianapolis is approximately 15 minutes away, with the 30th Street and Monon Trail corridors also nearby.
Key Highlights
- Four‑unit quadplex with approximately ~500sq ft efficiency layouts and one bath per unit
- Three units leased through 2027; one unit is vacant
- Recent improvements include cement siding, new subflooring, insulated plumbing, and a sewer cleanout
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
379
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Updated efficiency layouts, professional management, and one vacant unit support flexible occupancy options.
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 with approximately ~500sq ft efficiency layouts and one bath per unit; Three units leased through 2027; one unit is vacant; Recent improvements include cement siding, new subflooring, insulated plumbing, and a sewer cleanout
