Excellent investment opportunity! This well-maintained four-unit property features a solid brick exterior and long-term tenant history, with potential to support higher rental rates. Unit 1 is a spacious 2-bedroom, 1-bath unit with 1,225 sq ft, central air, and a private washer/dryer. Unit 2 offers 1 bedroom, 1 bath, and 884 sq ft. Unit 3 includes 2 bedrooms, 1 bath, and 827 sq ft. Unit 4 is an efficiency unit. Units 2-4 share access to a washer and dryer located in the basement. Gross annual income is $39,240. See attachment for full lease details and property information.
Active
$495,000
1602 E Vermont St, Indianapolis, IN 46201
6beds
4baths
--sqft
Est.:
Multi Family, Quadruplex
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Solid brick exteriorCentral airEfficiency unit
- 18 days
- on Zillow |
- 816 |
- 57 |
Zillow last checked: 7 hours ago
Listing updated: June 30, 2025 at 10:20am
Listing Provided by:
Michael Miller mike.miller@talktotucker.com,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22046613

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Main level bathrooms: 6
Heating
- Natural Gas
Cooling
- Window Unit(s)
Appliances
- Laundry: Common Laundry, In Basement
Features
- Basement: Storage Space,Unfinished
Property
Parking
- Parking features: Alley Access
- Details: Unit Parking(On Street)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,227.2 Square Feet
- Features: Sidewalks
Details
- Parcel number: 491006132010000101
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Quadruplex
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1910
Community & HOA
Community
- Security: Smoke Alarm
- Subdivision: Sturm & Kollers
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $448,400
- Annual tax amount: $6,490
- Date on market: 6/24/2025
- Tenant pays: Electricity, Gas, Sewer, Water
- Road surface type: Concrete
- Loading
- Loading