Indianapolis, IN Quadplexes for Sale

List

Map

Beech Grove, IN Lawrence, IN Brownsburg, IN Carmel, IN Fishers, IN Greenfield, IN Avon, IN Greenwood, IN

14 properties

Sort:

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.

View details

This listing looks promising.

Here's a quick look at some key insights for

640 Woodruff Place Middle Dr, Indianapolis, IN 46201

View Property Analytics

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

View Property Analytics

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

View details

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.

View details

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.

View details

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

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.

View details

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.

View details

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.

View details

Remodeled Quadplex with Porches

1338 Barth Avenue, Indianapolis, IN 46203

$650,000

0.14 AC lot

Remodeled quadplex with updated finishes and in-unit laundry, with three units currently leased.

View details

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.

View details

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.

View details

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.

View details

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.

View details

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.

View details

1-Bedroom Duplex with Washer Hookups

4432 E 10th Street, Indianapolis, IN 46201

$140,000

0.12 AC lot

Two occupied units each offer 1 bed and 1 bath, with washer/dryer hookups in the basement.

View details

Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 14 Active listings in Indianapolis, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Four-Unit Residential Income Property

147 E King Street, Franklin, IN 46131

$309,000

0.11 AC lot

Four leased 1-bedroom, 1-bath units in Franklin, Indiana, offering income-oriented residential investment potential.

View details

Four-Unit Residential Income Property

298 N Water Street, Franklin, IN 46131

$334,000

0.15 AC lot

Fully leased four-unit property with one-bedroom, one-bath units in Franklin, Indiana.

View details

Four-Plex Residential Income Property

319 Hst W 10th Street, Anderson, IN 46016

$385,000

0.15 AC lot

Well-maintained four-plex with updated interiors, in-unit laundry hookups, and designated parking for each unit.

View details

Four-Unit Residential Income Property

3004 Columbus Avenue, Anderson, IN 46016

$199,900

0.14 AC lot

Four tenant-occupied units with separate electric meters, electric heat, and multiple recent exterior and utility updates.

View details

Indianapolis, IN Quadplexes Market Trends and Statistics

Explore 14 quadplexes for sale in Indianapolis, IN, showcased through 14 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 Indianapolis, 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.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 979K

Population Growth (5Y) +2.8%

Median Household Income $67,417

College Educated 30.4%

High-Yield Neighborhoods for Investment

Identify Indianapolis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46218	$170.3K
46201	$329.7K
46226	$400K
46202	$525K
46203	$650K

Taxes & Financing

Tax Rate (average for all types) 2.46%

Property Tax per SF $41.61 per SF

Tax Rate vs County Average 0.02 pp below county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Indianapolis fall within the 100,000+ square foot range.

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Indianapolis, IN Quadplexes for Sale

640 Woodruff Place Middle Dr, Indianapolis, IN 46201

1635 Central Avenue, Indianapolis, IN 46202

15 N Riley Avenue, Indianapolis, IN 46201

2407 N Capitol Avenue, Indianapolis, IN 46208

625 Woodruff Place Middle Dr, Indianapolis, IN 46201

29 N Tacoma Avenue, Indianapolis, IN 46201

2421 Guilford Avenue, Indianapolis, IN 46205

1338 Barth Avenue, Indianapolis, IN 46203

939 N Sherman Drive, Indianapolis, IN 46201

1021 N Ewing Street, Indianapolis, IN 46201

2941 Schofield Avenue, Indianapolis, IN 46218

1703 E 34th Street, Indianapolis, IN 46218

730 N Euclid Avenue, Indianapolis, IN 46201

4432 E 10th Street, Indianapolis, IN 46201