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4-Unit Quadplex

3539 N College Avenue, Indianapolis, IN 46205

For Sale
$525,000

Each residence has in-unit laundry and a layout spanning the main and upper levels.

Property SizeContact for details
Days on Market233

Property Features for 3539 N College Avenue

General Information

Standard status Active
Property subtype Quadruplex

Site & Location

Neighborhood Mapleton / Fall Creek

Units

Unit Mix 4 x 3BR/1BA
Multifamily Units 4

Amenities

in-unit washer/dryer

Building Details

Year Built 1910
Buildings 1
Listing Agency: @properties
Listed By: Kristin Glassburn
Source: Anniescottrealty
Added: Mar 23 Changed: Nov 7 Last Checked: Nov 9 at 8:29PM

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 @properties

Rey
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Investment Insights

Based on property information with market context.

Built in 1910, this four-unit property offers three-bedroom, one-bath residences with in-unit washers and dryers. Layouts are split between the main floor and upper level, providing two configurations within the building.

The quadplex may be acquired on its own or together with a neighboring four-unit property, creating an eight-unit combined offering. The combined properties are associated with a 2025 cap rate near 6%.

Key Highlights

  • Four residential units, each with three bedrooms and one full bath
  • Washer and dryer provided within each unit
  • Mix of main‑floor and upper‑level layouts

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

556
Businesses Nearby

Demographics for 46205, IN

27,531
Population
14,756
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
4,440
Density / Sq Mi
$65,756
Median Household Income
$48,138
Median Earnings
$1,087
Median Rent
$278,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Quadplexes in Indianapolis

Jul
Aug
Sep
Oct

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 in-unit laundry and a layout spanning the main and upper levels.
Where is this quadplex located?
The property is located at 3539 N College Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Four residential units, each with three bedrooms and one full bath; Washer and dryer provided within each unit; Mix of main‑floor and upper‑level layouts
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