537 E 11th Street, Indianapolis, IN 46202
- $679,000
- Sold Price
- $679,000
- List Price
- $699,900
- Closing Date
- Jun 17, 2026
- MLS#
- 22090881
- Days on Market
- 86
- Status
- SOLD
Property Description
Location! Location! Location! Cash flow. Upside. This quadruplex sits just two blocks from the hottest area of downtown Indy, near Mass Ave and minutes from the vibrant Bottleworks District-placing tenants within walking distance of some of downtown Indianapolis' best dining, entertainment, and nightlife. The property offers an ideal blend of stability and flexibility, with current rents ranging from $1,500-$1,850 per unit. The unit mix includes long-term tenants, furnished rentals, and clear potential to expand into short-term rentals for increased yield. Renovated in 2024, the building features refreshed flooring throughout, updated appliances, and modernized interiors with a clean, turnkey feel. Furnished units are included in the sale, providing immediate income without additional capital investment. Whether you're looking for a strong performing asset today or a value-add play with STR upside, this is a rare opportunity in one of Indianapolis' most sought-after rental corridors. Broker-owned property.
Additional Information
- Basement
- Exterior Entry
- Foundation
- Brick/Mortar, Crawl Space
- Stories
- Two
- Architecture
- Victorian
- Exterior Amenities
- Balcony
- Acres
- 0.12
- Heat
- Natural Gas
- Cooling
- Separate Meters
- Region
- Center
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Listing courtesy of Tyler Knows Real Estate LLC. Selling Office: RE/MAX At The Crossing.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative