ATTENTION INVESTORS! Welcome to this fantastic investment opportunity! Don't miss out on this updated all brick 4-unit multifamily property, with great cash flow potential, whether you're a seasoned investor or those just starting their journey. All four units feature 2/BR/1BA, with newer vanities, vinyl plank floors, fresh paint, and newer kitchen cabinets. Last roof insulation- 2018. Centrally located laundry room on lower level with washer/dryer hook ups. This Quadplex is located on Indy's Westside; conveniently minutes from downtown and I-65. Gross monthly income is $3015. Unit A - Lease ends 2/2/24 Unit B - Currently vacant Unit C - Lease ends 8/31/24 Unit D - Lease ends 6/18/24
Sold
$385,000
2705 Rader St, Indianapolis, IN 46208
6beds
3baths
--sqft
Multi Family, Quadruplex
Built in 1967
-- sqft lot
$-- Zestimate®
$--/sqft
$2,565 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,565/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 10, 2024 at 08:21am
Listing Provided by:
DeAnna Andrew 317-679-7274,
AMR Real Estate LLC
Bought with:
Kimberly Yarrell
Triple E Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 21958842
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Features
- Has basement: Yes
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,178 sqft
Details
- Parcel number: 490627149214000101
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family, Quadruplex
Materials
- Brick
Condition
- New construction: No
- Year built: 1967
Community & neighborhood
Community
- Community features: Low Maintenance Lifestyle
Location
- Region: Indianapolis
- Subdivision: A L Roaches
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2024 | Listing removed | $1,800 |
Source: Zillow Rentals Report a problem | ||
| 10/30/2024 | Listed for rent | $1,800 |
Source: Zillow Rentals Report a problem | ||
| 7/1/2024 | Sold | $385,000-10.5% |
Source:  MIBOR as distributed by MLS GRID #21958842 Report a problem | ||
| 1/9/2024 | Pending sale | $430,000 |
Source: MIBOR as distributed by MLS GRID #21958842 Report a problem | ||
| 1/6/2024 | Listed for sale | $430,000+43.3% |
Source: MIBOR as distributed by MLS GRID #21958842 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,158 +29.8% | $390,000 +122.5% |
| 2023 | $3,204 +466.9% | $175,300 +29.2% |
| 2022 | $565 -0.4% | $135,700 +453.9% |
Find assessor info on the county website
Neighborhood: Near NW-Riverside
Nearby schools
GreatSchools rating
- 7/10George Washington Carver School 87Grades: PK-8Distance: 0.6 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 1.5 mi
- 5/10IPS/Butler University Laboratory School 60Grades: PK-8Distance: 1.4 mi
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