2060 N Central Avenue N, Indianapolis, IN 46202

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Sold Price
$390,000
List Price
$425,000
Closing Date
Dec 10, 2025
MLS#
22037012
Days on Market
218
Status
SOLD

Property Description

Back on the market - No fault of seller - Attention savvy buyers! OPPORTUNITY - INCOME - APPRECIATION - 4 PLEX - HERRON MORTON - Surrounded by high-end luxury single-family homes and development. All units have private laundry - private entry - All units have central air - All units are all electric. Tenants have one utility bill (electric) - owner pays water and sewer. No gas bills. Fully fenced back yard. Units have original wood work, tile kitchen floors, tile baths, and hardwoods. 3 CAR GARAGE WITH SEPARATE BAYS AND SERVICE DOORS FOR ADDITIONAL INCOME AND STORAGE. *The units and building do need some TLC and rent roll is based on potential.* One block from the new "The Grounds" retail and multi-use development. HUGE UPSIDE with this location and two buildings for generations to come.

Additional Information

Expenses
1000
Tenant Pays
Electricity, Insurance
Owner Pays
Taxes, Sewer, Water
Basement
Full, Unfinished
Foundation
Block, Brick/Mortar
Stories
Two
Architecture
A-Frame, Craftsman
Exterior Amenities
Balcony
Acres
0.16
Heat
Forced Air, Heat Pump
Cooling
Central Air
Financing
Exchange - 1031, Conventional, Exchange
Region
Center

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass Indiana, LLC. Selling Office: @properties.

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