4-Unit Quadplex with Redevelopment
For Sale
Contact for pricing
621 N Rural St, Indianapolis, IN 46201
Vacant multifamily property with four units, including two larger four-bedroom residences and two one-bedroom units.
Property SizeContact for details
Days on Market131
Property Features for 621 N Rural St
General Information
Standard status
Active
Property subtype
Multifamily
Property Condition
Severity
Major Repairs Needed
Evidence
There was a fire in this duplex
Units
Unit Mix
2 x 4BR, 2 x 1BR
Multifamily Units
4
Listing Agency:
F.C. Tucker Company
(317) 975-1523
Listed By:
Chas Schaffernoth · License #IN RB21001081
Source:
Crexi
Added: Apr 24
Changed: Aug 31
Last Checked: Aug 31 at 2:47AM
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 F.C. Tucker Company
Investment Insights
Based on property information with market context.
This vacant quadplex contains four residential units arranged across two larger front residences and two smaller rear units. The front units each offer 4 bedrooms, while the rear units each have 1 bedroom, creating a varied unit mix within the property.
The building sustained fire damage and requires substantial work before occupancy. Its current condition and existing four-unit layout provide a clear basis for renovation planning and property repositioning. The asset is located at 621 N Rural St in Indianapolis, Indiana.
The building sustained fire damage and requires substantial work before occupancy. Its current condition and existing four-unit layout provide a clear basis for renovation planning and property repositioning. The asset is located at 621 N Rural St in Indianapolis, Indiana.
Key Highlights
- Four‑unit quadplex with two front units and two rear units
- Unit mix includes two 4‑bedroom residences and two 1‑bedroom units
- Vacant following fire damage
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Vacant multifamily property with four units, including two larger four-bedroom residences and two one-bedroom units.
Where is this quadplex located?
The property is located at 621 N Rural St Indianapolis, IN.
What are key features of this property?
This property features: Four‑unit quadplex with two front units and two rear units; Unit mix includes two 4‑bedroom residences and two 1‑bedroom units; Vacant following fire damage
