522-524 W 23rd Street, Indianapolis, IN 46208

Building Details

Year Built 1910 More

Listing Agency: PMI Midwest

Listed By: Mark Jones Show Phone

Source: Anniescottrealty

Added: Aug 18 Changed: Nov 7 Last Checked: Nov 10 at 1:39PM

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Investment Insights

Based on property information with market context.

Built in 1910, this multifamily property contains four apartments, each arranged with two bedrooms and one bathroom. Three units are occupied, and one is vacant, providing a mix of current occupancy and leasing availability.

The property is in Indianapolis, north of Downtown, with IUPUI/IU Indianapolis, Methodist Hospital, downtown employers, restaurants, entertainment, and major commuter routes among the nearby destinations.

Key Highlights

• Four apartments, each with 2 bedrooms and 1 bathroom
• Three of the four units are occupied; one is vacant
• Built in 1910

Property Analytics

Lease Details

4

Residential units

75%

Occupancy

Location Intelligence

Trade Area within ½ mile

1,535

Businesses Nearby

Explore this area Business Placement

Demographics for 46208, IN

23,996

Population

11,619

Households

2.1

Avg Household Size

31

Median Age

40%

College-Educated

93%

High-School Grad

6.9 sq mi

ZIP Area

3,478

Density / Sq Mi

$55,435

Median Household Income

$34,125

Median Earnings

$1,075

Median Rent

$206,000

Median Home Value

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

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Frequently Asked Questions

What type of property is this?

Quadplex - Three apartments are occupied, while one remains available for leasing.

Where is this quadplex located?

The property is located at 522-524 W 23rd Street Indianapolis, IN.

What is the asking price?

The asking price for this property is $389,900.

What are key features of this property?

This property features: Four apartments, each with 2 bedrooms and 1 bathroom; Three of the four units are occupied; one is vacant; Built in 1910