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    Indianapolis, IN Quadplexes for Sale

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    4-Unit Historic Quadplex
    Updated: Oct 7
    4-Unit Historic Quadplex

    56 S Irvington Avenue, Indianapolis, IN 46219

    $425,000
    0.33 AC lot
    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
    1917 construction with 10‑foot ceilings, wood floors, French doors, and arched openings
    Five furnaces, central air systems, and water heater updated about 3 years ago
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    Victorian Quadplex
    Updated: Sep 7
    Victorian Quadplex

    520 E New York, Indianapolis, IN 46202

    $750,000
    0.10 AC lot
    Four apartments in a Victorian‑style property built in 1890
    0.1‑acre lot at 520 E New York in Lockerbie Square
    Open‑concept living area in the attic loft
    Three additional units across the main and upper floors
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    Quadplex with Townhome Layouts
    Quadplex with Townhome Layouts

    1623 N Arsenal Avenue, Indianapolis, IN 46218

    $800,000
    0.13 AC lot

    Each residence has a private entrance and a two-bedroom, two-and-a-half-bath layout.

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    Scored against comparables nationwide. These are worth a look.

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    Historic Woodruff Place Multifamily Property
    Historic Woodruff Place Multifamily Property

    640 Woodruff Place Middle Drive, Indianapolis, IN 46201

    $525,000
    5,140 sqft

    Four-unit property in historic Woodruff Place, Indianapolis. Leased and updated.

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    Four-Unit Townhome Quadplex
    Four-Unit Townhome Quadplex

    1101 Sterling Street, Indianapolis, IN 46201

    $949,000
    0.11 AC lot

    All four residences are occupied and have management in place.

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    Four-Unit Quadplex with Laundry
    Four-Unit Quadplex with Laundry

    2438 E Washington Street, Indianapolis, IN 46201

    $335,000
    0.15 AC lot

    Four one-bedroom units offer air conditioning, laundry facilities, and off-street parking near East Washington Street.

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    Quadplex with Furnished Units
    Quadplex with Furnished Units

    2407 N Capitol Avenue, Indianapolis, IN 46208

    $649,900
    0.12 AC lot

    Four residences include three single-level one-bedroom layouts and a larger two-level home.

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    Woodruff Place Multifamily Investment Opportunity
    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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    4-Unit Quadplex
    4-Unit Quadplex

    1021 N Ewing Street, Indianapolis, IN 46201

    $214,900
    0.11 AC lot

    Three apartments are occupied; the fourth has been updated and is ready for a new resident.

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    Renovated Four-Unit Quadplex
    Renovated Four-Unit Quadplex

    2930 N Dearborn Street, Indianapolis, IN 46218

    $250,000
    0.12 AC lot

    Updated efficiency layouts, professional management, and one vacant unit support flexible occupancy options.

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    Craftsman Fourplex with Rental Operation
    Craftsman Fourplex with Rental Operation

    37 W Fall Creek Parkway South Drive, Indianapolis, IN 46208

    $725,000

    Four legal units combine furnished short-term lodging with an owner-occupied upper-floor suite.

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    Four-Unit Brick Quadplex
    Four-Unit Brick Quadplex

    1635 Central Avenue, Indianapolis, IN 46202

    $525,000
    0.12 AC lot

    Each apartment has two bedrooms, one bathroom, central air, and individual heating and water-heating equipment.

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    Four-Unit Ranch Quadplex
    Four-Unit Ranch Quadplex

    15 N Riley Avenue, Indianapolis, IN 46201

    $225,000
    0.37 AC lot

    Tenant occupancy, recent unit improvements, and alley-access parking support a practical residential income configuration.

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    Victorian Quadplex with Attic Loft
    Victorian Quadplex with Attic Loft

    520 E New York, Indianapolis, IN 46202

    $750,000

    Four residential units include an open-concept attic apartment.

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    Occupied Fourplex with Studio Units
    Occupied Fourplex with Studio Units

    730 N Euclid Avenue, Indianapolis, IN 46201

    $169,900
    0.13 AC lot

    Four fully occupied studio apartments with central air, forced-air heating, and off-street parking.

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    Quadplex with Garage
    Quadplex with Garage

    2521 E 10th Street, Indianapolis, IN 46201

    $229,900
    0.14 AC lot

    Four apartments offer distinct lower- and upper-level layouts, with two units currently occupied.

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    New Construction 4-Unit Quadplex
    New Construction 4-Unit Quadplex

    4225 E Washington St, Indianapolis, IN 46201

    $635,000

    Four-unit residential income property with durable interior finishes and construction underway.

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    Four-Unit Quadplex with LVP Flooring
    Four-Unit Quadplex with LVP Flooring

    939 N Sherman Drive, Indianapolis, IN 46201

    $189,900
    0.12 AC lot

    Currently leased quadplex with individual utility arrangements and alley parking.

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    New-Construction Four-Unit Quadplex
    New-Construction Four-Unit Quadplex

    1921 Prospect St, Indianapolis, IN 46203

    $700,000

    Two-story residences feature private mechanical systems, contemporary finishes, and alley-accessed rear driveway parking.

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    Townhome-Style Quadplex
    Townhome-Style Quadplex

    2421 Guilford Avenue, Indianapolis, IN 46205

    $850,000
    0.13 AC lot

    The property is under construction and offers townhome-style design on a 0.13-acre parcel.

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    New Construction Quadplex
    New Construction Quadplex

    4223 E Washington St, Indianapolis, IN 46201

    $635,000

    Income property with rental-oriented finishes and durable interior materials.

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    Quadplex with Unfinished Basements
    Quadplex with Unfinished Basements

    1721 Woodruff Place Cross Drive, Indianapolis, IN 46201

    $825,000
    0.37 AC lot

    Four brick ranch residences have been updated over time and may be separated for individual sale.

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    Updated 4-Unit Quadplex
    Updated 4-Unit Quadplex

    1721 Cross Dr, Indianapolis, IN 46201

    $825,000

    Four contiguous units include unfinished basements and may be sold individually.

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    4-Unit Townhome Quadplex
    4-Unit Townhome Quadplex

    1101 Sterling St, Indianapolis, IN 46201

    $949,000

    Occupied townhome package with management in place and flexibility for separate unit sales.

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    Indianapolis, IN Quadplexes Market Trends and Statistics

    Explore 27 quadplexes for sale in Indianapolis, IN, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 15,340 square feet of properties for sale, with an estimated market value of $14,592,400.

    Sale prices for four-unit buildings in Indianapolis, IN start at $169,900, averaging $540,459, and reaching up to $949,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 223
    Quadplexes 27
    Apartment buildings 20
    Triplexes 14
    Short term rental properties 9

    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
    46201 $487.9K
    46218 $525K
    46203 $537.5K
    46202 $675K
    46208 $687.5K

    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.

    How Realmo verifies these figures

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    Popular Searches in Indianapolis, IN

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    Most Searched ZIP Codes in Indianapolis, IN

    • 46201
    • 46202
    • 46203
    • 46208
    • 46218
    • 46205
    • 46219

    Featured Indianapolis Real Estate Agencies

    Realmo connects you with licensed Indianapolis CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Ron Cheeks Real Estate Group
    5397 E 38th St Indianapolis, IN 46218
    Phone: 13175427653
    www.speaktocheeks.com
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