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Victorian Quadplex
For Sale
$750,000

520 E New York, Indianapolis, IN 46202

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.10 Acres
Days on Market26

Property Features for 520 E New York

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 5, Basement, Bathroom 3, Bedroom 4, Bathroom 4
Basement Unfinished
Subdivision No Subdivision
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 491101245034000101
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Out Lot 053 Beg N/L New York St 168.5' E Of E/L East St P.O.B. N119.83' E35' S119.83' W35' To Beg
Tax Annual Amount 6458
Legal Description Out Lot 053 Beg N/L New York St 168.5' E Of E/L East St P.O.B. N119.83' E35' S119.83' W35' To Beg

Building Details

Year built 1890
Floors in Building 3
Number of units 4
Listing Agency: Trueblood Real Estate
Listed By: James Small
Added: Sep 7 Changed: Sep 29 Last Checked: Oct 2 at 1:06PM
MLS# 22124002

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.

Built in 1890, this Victorian-style quadplex contains four apartments with varied layouts. An open-concept living area occupies the attic loft, while the other three units are arranged across the main and upper floors. The property sits on a 0.1-acre lot at 520 E New York in Indianapolis’s Lockerbie Square neighborhood.

Key Highlights

  • Four apartments in a Victorian‑style property built in 1890
  • 0.1‑acre lot at 520 E New York in Lockerbie Square
  • Open‑concept living area in the attic loft

Property Analytics

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Current Use

William Indy Ballet Theater & Performing Art Venue

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Grooming Service Tanning Salon Nursing Home Pet Store

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

5,431
Businesses Nearby

Demographics for 46202, IN

22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 distinct apartments include an open-concept attic loft and three units across the main and upper floors.
Where is this quadplex located?
The property is located at 520 E New York Indianapolis, IN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four apartments in a Victorian‑style property built in 1890; 0.1‑acre lot at 520 E New York in Lockerbie Square; Open‑concept living area in the attic loft
More about this property
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