New Construction
For Sale
$635,000
4223 E Washington St, Indianapolis, IN 46201
Income property with rental-oriented finishes and durable interior materials.
Property SizeContact for details
Days on Market42
Property Features for 4223 E Washington St
General Information
Standard status
Active
Property subtype
Multi-Family
Units
Unit Mix
4 x 2BR/1.5BA
Multifamily Units
4
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Victory Realty Team
(317) 833-2861
Listed By:
Shane Burns
Source:
Mcwatersrealestate
Added: Jul 21
Changed: Aug 30
Last Checked: Aug 31 at 6:51PM
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 Victory Realty Team
Investment Insights
Based on property information with market context.
This four-unit residential income property is under construction at 4223 E Washington St in Indianapolis. Completion is estimated for 10/01/2026, with mechanical systems complete and the project awaiting inspection. Each residence is planned with approximately 962 square feet, two bedrooms, and 1.5 baths.
The interiors are being specified for tenant occupancy, including LVP flooring on the first and second floors and a hardwood oak staircase rather than carpet. Kitchens will feature plywood cabinetry with soft-close doors and drawers, granite countertops, and double-hung vinyl high-efficiency double-pane windows. The property may also accommodate an owner-occupant arrangement with one unit retained for primary residence use and the remaining units leased.
The interiors are being specified for tenant occupancy, including LVP flooring on the first and second floors and a hardwood oak staircase rather than carpet. Kitchens will feature plywood cabinetry with soft-close doors and drawers, granite countertops, and double-hung vinyl high-efficiency double-pane windows. The property may also accommodate an owner-occupant arrangement with one unit retained for primary residence use and the remaining units leased.
Key Highlights
- Four‑unit new construction property estimated for completion on 10/01/2026
- Each unit includes approximately 962 square feet, 2 bedrooms, and 1.5 baths
- Current construction phase: all mechanicals complete and awaiting inspection
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Income property with rental-oriented finishes and durable interior materials.
Where is this quadplex located?
The property is located at 4223 E Washington St Indianapolis, IN.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Four‑unit new construction property estimated for completion on 10/01/2026; Each unit includes approximately 962 square feet, 2 bedrooms, and 1.5 baths; Current construction phase: all mechanicals complete and awaiting inspection
