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New Construction 4-Unit Quadplex
For Sale
$635,000

4225 Washington St, Indianapolis, IN 46201

Four-unit residential income property with durable interior finishes and construction underway.

Property SizeContact for details
Days on Market45

Property Features for 4225 Washington St

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 4 x 2BR/1.5BA
Multifamily Units 4

Building Details

Buildings 1
Listing Agency: Victory Realty Team
Listed By: Shane Burns
Source: Exprealty
Added: Jul 15 Changed: Aug 26 Last Checked: Aug 26 at 10:08AM

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 new-construction quadplex is planned with four residential units, each offering approximately 962 square feet, two bedrooms, and one and one-half baths. Interior specifications include LVP flooring on both levels, a hardwood oak staircase, plywood kitchen cabinetry with soft-close doors and drawers, granite countertops, and double-hung vinyl windows with high-efficiency double-pane glass. The project is being built without carpet for rental use, and current construction has mechanical systems complete while awaiting inspection.

Estimated completion is 10/01/2026. The property may be acquired individually or together with two neighboring four-plex properties at 4221 E Washington St and 4223 E Washington St, creating a 12-unit offering. The property address is 4225 Washington St, Indianapolis, IN.

Key Highlights

  • Four‑unit new‑construction quadplex with estimated completion of 10/01/2026
  • Each unit contains approximately 962 square feet, 2 bedrooms, and 1.5 baths
  • LVP flooring planned for the 1st and 2nd floors; hardwood oak staircase

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Big Box & Wholesale Store Skin Care Clinic

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

338
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

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 - Four-unit residential income property with durable interior finishes and construction underway.
Where is this quadplex located?
The property is located at 4225 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 quadplex with estimated completion of 10/01/2026; Each unit contains approximately 962 square feet, 2 bedrooms, and 1.5 baths; LVP flooring planned for the 1st and 2nd floors; hardwood oak staircase
More about this property
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