Indiana Quadplexes for Sale

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Updated: Mar 16

Historic Woodruff Place Multifamily Property

640 Woodruff Place Middle Drive, Indianapolis, IN 46201

$525,000

5,140 sqft

Immediate income and stable cash flow from 100% leased units.
Rare opportunity to acquire property in the desirable historic Woodruff Place neighborhood.
Potential to purchase as part of a portfolio with four additional nearby buildings.
Recent improvements including new sewer, roof (2021), remodeled bathrooms in 3 units, remodeled kitchens in 2 units, and new AC in Unit 3.
Value‑add potential for increased returns.

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This listing looks promising.

Here's a quick look at some key insights for

640 Woodruff Place Middle Drive, Indianapolis, IN 46201

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Est. Cap Rate

9%
Above avg (5.9%)
Est. NOI

$47K
Annual
Price @ 7% Cap

$674K
Above asking
Property Type

Vacant Commercial
Built 1910

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Updated: Apr 26

Quadplex With Separate Deeds

1024 N Country Club Drive, Bloomington, IN 47403

$550,000

4,750 sqft 1.69 AC lot

1.69 acres containing 4 rental units conveyed through 4 separate deeds
4,750 square feet across four residential rental units
Two vacant parcels measuring 1/2 acre and .33 acre, both zoned R2
Large shared 4 car garage plus carport, one‑car garage or shed, and storage shed
Upstairs apartment recently updated with new paint, flooring, and dishwasher

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Two-Story Quadplex

1419 Cumberland Avenue, Evansville, IN 47712

$129,900

3,502 sqft 0.25 AC lot

Fully occupied four-unit residential income property with off-street parking and professional management in place.

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Two-Story Four-Unit Residential Property

536 E Center Street, Warsaw, IN 46580

$245,000

2,678 sqft 0.18 AC lot

Updated income property with garage storage divisions and additional basement storage space.

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4-Unit Quadplex with Garage

1926 Lafayette Street, Fort Wayne, IN 46803

$300,000

2,580 sqft 0.12 AC lot

The building contains four one-bedroom apartments, a basement, fenced yard, and off-street parking.

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Updated Fourplex With Private Entrances

818 SE Riverside Drive, Evansville, IN 47713

$259,900

2,063 sqft 0.12 AC lot

Four residential units include appliances, central heating and air conditioning, and separate gas and electric meters.

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Four-Unit Quadplex with Rental Mix

708 Columbia Avenue, Fort Wayne, IN 46805

$250,000

2,660 sqft 0.16 AC lot

Fully occupied apartments feature separate electric metering, off-street parking, and professional management already in place.

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Historic Evansville Building with Carriage

810 SE 1st St, Evansville, IN 47713

$1,057,000

5,241 sqft

Historic 5,241 SF Evansville building with four luxury units.

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Four-Plex with Central Air

915 Wilt Street, Fort Wayne, IN 46802

$429,400

2,596 sqft 0.15 AC lot

Four-plex with central air, laminate flooring, and a basement in Fort Wayne’s historic West Central neighborhood.

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Four-Unit Quadplex With Off-Street Parking

17425 State Road 37, Harlan, IN 46743

$315,000

4,042 sqft 0.20 AC lot

Four units are currently occupied, with tenants paying electric and reimbursing utilities monthly via a RUBS system.

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Four-Unit Residential Income Property

509 Union Street, Valparaiso, IN 46383

$395,000

7,841 sqft

Four separate rental units with mixed layouts in downtown Valparaiso.

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Four-Plex with In-Unit Washer/Dryer

1115 W Wayne Street, Fort Wayne, IN 46802

$440,800

3,227 sqft 0.17 AC lot

Four-plex with two 2-bedroom units and two 1-bedroom units, each with in-unit washer and dryer plus central air.

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Four-Plex Investment Property

1104 W Wayne Street, Fort Wayne, IN 46802

$421,087

2,600 sqft 0.13 AC lot

Four-plex with three 1-bedroom units and one 2-bedroom unit, plus central air and flooring featuring tile and wood.

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Updated Four-Unit Quadplex

818 SE Riverside Dr, Evansville, IN 47713

$259,900

2,063 sqft

Historic District property with separately metered utilities, private entrances, and refreshed interiors across all four units.

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Quadplex With Renovations Started, As-Is

550 Lincolnway, Mishawaka, IN 46544

$215,900

3,116 sqft 0.17 AC lot

Quadplex sold as-is with renovations started and interior layout including seven bedrooms and four bathrooms.

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All-Brick Quadplex

775 - 777 N Smith Road, Bloomington, IN 47408

$469,000

3,430 sqft 0.40 AC lot

Four-unit residential property with recent building-system upgrades and established leases across all units.

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Fourplex with Two-Car Garage

1926 Lafayette St, Fort Wayne, IN 46803

$300,000

2,580 sqft

Four residential units include shared basement space, a fenced yard, alley parking, and an exterior fireplace.

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Quadplex Property with Pool Suites

2549 E 1100 N, Demotte, IN 46310

$749,900

5.01 AC lot

Owner’s residence accompanies three separate suites with private pools, a jacuzzi, saunas, fireplaces, and supporting infrastructure.

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Four-Unit Multifamily Property

1419 Cumberland Ave, Evansville, IN 47712

$129,900

3,502 sqft

Fully occupied property with professional management and owner-paid utilities.

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Four-Unit Townhome Quadplex

1101 Sterling Street, Indianapolis, IN 46201

$949,000

0.11 AC lot

Occupied attached residences offer third-floor lofts, established management, and flexibility for separate unit sales.

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Two-Building 6-Unit Apartment

1103 North Street, Lafayette, IN 47904

$500,000

3,870 sqft

Two separate buildings totaling six units on one parcel, with two units currently rented and tenants paying utilities.

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Renovated Four-Unit Quadplex

2930 N Dearborn Street, Indianapolis, IN 46218

$250,000

0.12 AC lot

Renovated efficiency apartments feature modern finishes, updated plumbing, and professionally managed operations.

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Woodruff Place Multifamily Investment Opportunity

625 Woodruff Place Middle Drive, Indianapolis, IN 46201

$520,000

10,200 sqft

Four-unit multifamily property in historic Woodruff Place, Indianapolis.

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Quadplex Under Construction

1623 N Arsenal Avenue, Indianapolis, IN 46218

$800,000

0.13 AC lot

This multifamily property carries a 2026 year-built designation.

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Indiana Quadplexes Market Trends and Statistics

Explore 93 quadplexes for sale in Indiana, showcased through 93 active listings on our real estate platform. These investment opportunities span a total of 120,553 square feet of properties for sale, with an estimated market value of $31,556,042.

Sale prices for four-unit buildings in Indiana start at $109,900, averaging $409,818, and reaching up to $1,057,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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