2623 E Michigan ST Pending Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46201
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Pending
Purchase Type For Sale
Subdivision Saint Clairs
MLS Listing ID 22038426
Year Built 1900
Tax Year 2024
Lot Size 5,227 Sqft
Property Sub-Type Fourplex
Property Description
Attention all investors! Located in one of Indy's most up-and-coming corridors, 2623 East Michigan Street is surrounded by revitalization, new development, and long-term growth potential. This quadplex, featuring four 1 bed / 1 bath units, sits in a prime location that makes it a standout opportunity for strategic investors. The property is zoned for multifamily use, with special zoning that allows you the potential to add a fifth unit-unlocking even more value. A detached garage out back adds convenience and potential for additional income or parking flexibility. Whether you're new to the game or a seasoned investor, this is the perfect chance to execute the BRRRR strategy-Buy, Rehab, Rent, Refinance, Repeat. With cosmetic updates still needed, this is your opportunity to force appreciation and turn this into a strong, cash-flowing asset. Don't miss out on a quadplex with this much upside in one of Indy's hottest redevelopment zones.
Location
State IN
County Marion
Exterior
Garage Spaces 3.0
View Y/N false
Building
Story Two
New Construction false
Schools
School District Indianapolis Public Schools