4-Unit Historic
New
For Sale
$425,000
56 S Irvington Avenue, Indianapolis, IN 46219
Residential Income, Indianapolis, IN
Property SizeContact for details
Lot Size0.33 Acres
Days on Market7
Property Features for 56 S Irvington Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 4, Bedroom 1, Basement, Bathroom 2, Bedroom 4
Exterior features
Lighting
Basement
Partial, Exterior Entry, Storage Space, Unfinished
Subdivision
Levi Ritters
Lot features
Access, City Lot, Corner Lot, Curbs, Sidewalks, Mature Trees
Elementary school
Emma Donnan Elementary and Middle
Elementary school district
Adelante Schools
Middle school district
Adelante Schools
High school district
Adelante Schools
Directions
GPS Friendly
Standard status
Active
APN
491003205011000701
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
L Ritters Add Irv 44 Ft N W Line 50 W Line100 Ft On Julian Ave Se Pt L31
Tax Annual Amount
5792
Legal Description
L Ritters Add Irv 44 Ft N W Line 50 W Line100 Ft On Julian Ave Se Pt L31
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1917
Floors in Building
2
Number of units
4
Building materials
Vinyl Siding, Stone
Roof type
Shingle, Asphalt
Architectural style
Other
Listing Agency:
Keller Williams Indy Metro Partners · Keller Williams Realty
(317) 882-5900
Listed By:
Stacy Herald · License #RB14043208
(317) 966-1017
Added: Oct 7
Changed: Oct 9
Last Checked: Oct 13 at 1:06AM
MLS# 22129965
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.
This 1917 quadplex occupies a 0.33-acre parcel and includes one- and two-bedroom apartments, with additional attic living space. Interior details include wood floors, 10-foot ceilings, arched openings, French doors, and decorative glass. A front porch and rear deck extend the shared outdoor space. Two apartments are leased through March 2027; the remaining two are vacant.
Five furnaces and central air systems, along with a water heater, were updated about 3 years ago. The shingle and asphalt roof is about 14 years old. The property is in Indianapolis’s Irvington district, within walking distance of a library, local coffee and dining options, and public transportation. Ellenberger Park is also nearby.
Five furnaces and central air systems, along with a water heater, were updated about 3 years ago. The shingle and asphalt roof is about 14 years old. The property is in Indianapolis’s Irvington district, within walking distance of a library, local coffee and dining options, and public transportation. Ellenberger Park is also nearby.
Key Highlights
- Four‑unit building with a mix of one- and two‑bedroom apartments
- Two apartments leased through March 2027; two units vacant
- 0.33‑acre parcel with attic living space
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Two apartments are leased through March 2027, while the other two are vacant.
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 building with a mix of one- and two‑bedroom apartments; Two apartments leased through March 2027; two units vacant; 0.33‑acre parcel with attic living space
