414 N Tacoma Avenue, Indianapolis, IN 46201

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Sold Price
$500,000
List Price
$499,000
Closing Date
May 11, 2026
MLS#
22092474
Days on Market
40
Status
SOLD

Property Description

HOUSE HACK!! LIVE IN ONE UNIT AND LET THE OTHER 3 PAY YOUR BILLS!! USE STANDARD LOW DOWNPAYMENT LOAN!! Don't miss this incredible opportunity to own a beautifully updated quadplex just minutes from downtown Indianapolis. This income-producing property features a versatile unit mix with two studio apartments and two spacious 3-bedroom, 1-bath units, making it ideal for attracting a wide range of tenants. Each unit has been newly renovated, offering modern finishes, updated kitchens and baths, and fresh interiors that tenants will love. The larger units provide generous living space perfect for families or roommates, while the studios are ideal for singles or young professionals seeking an affordable, stylish option near the city center. Located in a highly desirable area with easy access to downtown dining, entertainment, employment hubs, and major highways, this property is perfectly positioned for strong rental demand and long-term appreciation. RENT 1500, 1500, 1300, and estimated 1100. Ask agent for deal sheet in supplements.

Additional Information

Expenses
4094
Owner Pays
All Utilities
Foundation
Crawl Space
Stories
Two
Architecture
Traditional
Acres
0.09
Heat
Electric
Cooling
None
Region
Center

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Simplify Real Estate. Selling Office: MIBOR REALTOR® Association.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative