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    Hamilton County, IN Quadplexes for Sale

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    Historic Woodruff Place Multifamily Property
    Updated: Mar 18
    Historic Woodruff Place Multifamily Property

    640 Woodruff Place Middle Dr, Indianapolis, IN 46201

    $525,000
    4,377 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 Dr, Indianapolis, IN 46201

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $46K
      Annual

    • Price @ 7% Cap

      $660K
      Above asking

    • Property Type

      Vacant Commercial
      Built 1910
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    All-Brick Fourplex with 2BR Units
    Updated: Jun 1
    All-Brick Fourplex with 2BR Units

    1635 Central Avenue, Indianapolis, IN 46202

    $525,000
    0.12 AC lot
    1930 brick apartment building with central air and forced‑air electric heat
    4‑unit building; each unit has 2 bedrooms and 1 bathroom with lots of natural light
    Current rents are $895–$995 per month, with all leases renewing at $995
    Individually metered electric; residents pay their own electric (no gas)
    Coin‑operated laundry and additional basement storage; water heaters are in basements
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    Ranch-Style Quadplex Investment
    Ranch-Style Quadplex Investment

    15 N Riley Avenue, Indianapolis, IN 46201

    $250,000
    0.37 AC lot

    Tenant-occupied quadplex with recent unit improvements and added off-street parking for back units.

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    Updated Quadplex with Furnished Units
    Updated Quadplex with Furnished Units

    2407 N Capitol Avenue, Indianapolis, IN 46208

    $659,999
    0.12 AC lot

    Four updated furnished units in a quadplex setup, including 1- and 2-bedroom layouts with garage parking.

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    Woodruff Place Multifamily Investment Opportunity
    Woodruff Place Multifamily Investment Opportunity

    625 Woodruff Place Middle Dr, Indianapolis, IN 46201

    $520,000
    5,380 sqft

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

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    Renovated Fourplex with Mixed Units
    Renovated Fourplex with Mixed Units

    29 N Tacoma Avenue, Indianapolis, IN 46201

    $425,000
    0.12 AC lot

    Renovated fourplex with two 1-bedroom and two 2-bedroom units, with three occupied units generating monthly rent.

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    New Construction Quadplex Townhome Style
    New Construction Quadplex Townhome Style

    2421 Guilford Avenue, Indianapolis, IN 46205

    $850,000
    0.13 AC lot

    New construction quadplex with four 2-bed, 2.5-bath townhome-style units designed for income-focused ownership.

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    Quadplex Investment Property
    Quadplex Investment Property

    939 N Sherman Drive, Indianapolis, IN 46201

    $189,900
    0.12 AC lot

    Four individually metered units offer income potential with newer furnaces and updated LVP flooring.

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    Updated Quadplex Income Property
    Updated Quadplex Income Property

    1021 N Ewing Street, Indianapolis, IN 46201

    $214,900
    0.11 AC lot

    An updated four-unit quadplex with three rented units and one recently updated, move-in ready vacancy.

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    Remodeled Quadplex
    Remodeled Quadplex

    1338 Barth Avenue, Indianapolis, IN 46203

    $650,000
    0.14 AC lot

    Updated quadplex with two 2-bedroom/2-bath and two 1-bedroom/1-bath units, three currently leased.

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    Four-Unit Multifamily Investment
    Four-Unit Multifamily Investment

    2941 Schofield Avenue, Indianapolis, IN 46218

    $159,900
    0.22 AC lot

    Four-unit income property sold as-is, with current leases extending through 2026 and 2027.

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    Fully Tenanted Quadplex
    Fully Tenanted Quadplex

    1703 E 34th Street, Indianapolis, IN 46218

    $180,700
    0.15 AC lot

    Fully tenanted quadplex with owner-paid utilities and units in good interior condition, offered without on-site property management.

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    Fully Tenanted Quadplex
    Fully Tenanted Quadplex

    730 N Euclid Avenue, Indianapolis, IN 46201

    $169,000
    0.13 AC lot

    Quadplex offered fully tenanted with owner-paid utilities and units in good interior condition.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 13 Active listings in Hamilton County, IN, we suggest exploring several alternatives:

    Hamilton County, IN Quadplexes Market Trends and Statistics

    Explore 13 quadplexes for sale in Hamilton County, IN, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 9,757 square feet of properties for sale, with an estimated market value of $1,045,000.

    Sale prices for four-unit buildings in Hamilton County, IN start at $520,000, averaging $522,500, and reaching up to $525,000 — 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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