4-Unit Quadplex with Attic Living
For Sale
$425,000
56 S Irvington Avenue, Indianapolis, IN 46219
Apartment layouts include one- and two-bedroom options, with front-porch and rear-deck areas.
Property SizeContact for details
Days on Market24
Property Features for 56 S Irvington Avenue
General Information
Standard status
Active
Property subtype
Residential Income
Site & Location
Neighborhood
Irvington
Public Transit
Yes
Additional Details
Multifamily Units
4
Tenant in Place
Yes
Amenities
wood floors
10-foot ceilings
curved arch doorways
French doors
decorative glass
front porch
back deck
Lighting
Building Details
Year Built
1917
Stories
3
Units
4
Listing Agency:
Keller Williams Indy Metro Partners
(317) 882-5900
Listed By:
Stacy Herald · License #RB14043208
(317) 966-1017
Source:
Gmartinrealty
Added: Oct 7
Changed: Oct 25
Last Checked: Oct 29 at 10:06PM
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 Keller Williams Indy Metro Partners
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Built in 1917, this four-unit property offers a mix of one- and two-bedroom apartments, along with attic living space. Interior details include wood flooring, 10-foot ceilings, curved archways, French doors, and decorative glass. A front porch and rear deck provide outdoor areas for residents. Units 1 and 4 have leases extending through March 2027; Units 2 and 3 are vacant, with Unit 2 configured as a two-bedroom, one-bath apartment.
Mechanical updates include five furnaces and central air systems installed about 3 years ago, plus a water heater of similar age. The roof is about 14 years old. The property is in Indianapolis’s Historic Irvington District, near a library, local shops and restaurants, public transportation, and Ellenberger Park.
Mechanical updates include five furnaces and central air systems installed about 3 years ago, plus a water heater of similar age. The roof is about 14 years old. The property is in Indianapolis’s Historic Irvington District, near a library, local shops and restaurants, public transportation, and Ellenberger Park.
Key Highlights
- Four‑unit property built in 1917
- Unit mix includes one- and two‑bedroom apartments plus attic living space
- Units 1 and 4 leased through March 2027; Units 2 and 3 vacant
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
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Business Placement
Demographics for 46219, IN
36,556
Population
17,028
Households
2.1
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
13.0 sq mi
ZIP Area
2,812
Density / Sq Mi
$57,811
Median Household Income
$38,995
Median Earnings
$991
Median Rent
$177,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Apartment layouts include one- and two-bedroom options, with front-porch and rear-deck areas.
Where is this quadplex located?
The property is located at 56 S Irvington Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Four‑unit property built in 1917; Unit mix includes one- and two‑bedroom apartments plus attic living space; Units 1 and 4 leased through March 2027; Units 2 and 3 vacant
