3614 E Washington St Indianapolis, IN 46201
Near Eastside NeighborhoodEstimated payment $1,838/month
About This Home
Turnkey 6-unit multifamily offered at $290,000. Six studio units with stable tenants and consistent in-place rents. Current monthly gross: $4,207 ($50,484 annually). Rents include three units at $680/month, one at $340 biweekly ($737/month), one at $300 biweekly ($650/month), and one at $180/week (~$780/month). Owner currently pays utilities. Estimated annual expenses: ~$7,056. Approximate NOI: $43,428. Strong return profile with solid in-place income. Buyer to verify all financials. Off-street parking. Located on Washington Street with access to shopping and public transportation. Stabilized, income-producing asset with consistent cash flow. No showings without accepted offer. Do not disturb tenants.
Listing Agent
Hanza Realty, LLC Brokerage Email: tasheana@hanzarealty.com License #RB14045896 Listed on: 06/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,944
Year Built
- Built in 1925
Parking
- 1 Car Detached Garage
Home Design
- Quadruplex
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Additional Features
- 2-Story Property
- 12,000 Sq Ft Lot
- Basement
Community Details
- Carter Sub Robson & Vorhees Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 491005103003000101
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,253 | $232,800 | $15,800 | $217,000 |
| 2024 | $3,836 | $263,500 | $15,800 | $247,700 |
| 2023 | $3,836 | $157,800 | $7,900 | $149,900 |
| 2022 | $3,052 | $124,700 | $7,900 | $116,800 |
| 2021 | $2,670 | $111,200 | $7,200 | $104,000 |
| 2020 | $1,995 | $81,800 | $7,200 | $74,600 |
| 2019 | $2,410 | $78,600 | $7,200 | $71,400 |
| 2018 | $1,966 | $78,600 | $7,200 | $71,400 |
| 2017 | $1,697 | $75,700 | $7,200 | $68,500 |
| 2016 | $1,580 | $71,900 | $7,200 | $64,700 |
| 2014 | $1,533 | $70,900 | $7,200 | $63,700 |
| 2013 | $1,667 | $70,900 | $7,200 | $63,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/07/2026 04/07/26 | Price Changed | $290,000 | -6.5% | -- | |
| 03/02/2026 03/02/26 | For Sale | $310,000 | 0.0% | -- | |
| 02/28/2026 02/28/26 | Off Market | $310,000 | -- | -- | |
| 01/16/2026 01/16/26 | Price Changed | $310,000 | -1.6% | -- | |
| 12/18/2025 12/18/25 | For Sale | $315,000 | 0.0% | -- | |
| 12/07/2025 12/07/25 | Pending | -- | -- | -- | |
| 10/15/2025 10/15/25 | Price Changed | $315,000 | -1.6% | -- | |
| 08/13/2025 08/13/25 | Price Changed | $320,000 | -3.6% | -- | |
| 08/04/2025 08/04/25 | Price Changed | $332,000 | -0.9% | -- | |
| 07/11/2025 07/11/25 | Price Changed | $335,000 | -1.5% | -- | |
| 06/09/2025 06/09/25 | For Sale | $340,000 | +151.9% | -- | |
| 12/08/2020 12/08/20 | Sold | $135,000 | -8.2% | -- | View Prior Sale |
| 11/12/2020 11/12/20 | Pending | -- | -- | -- | |
| 11/06/2020 11/06/20 | For Sale | $147,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $82,000 | Investors Title Service Inc. | |
| Deed | $82,000 | -- | |
| Warranty Deed | -- | None Available | |
| Deed In Lieu Of Foreclosure | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $195,500 | New Conventional | |
| Previous Owner | $4,000,000 | Commercial | |
| Previous Owner | $4,000,000 | Commercial | |
| Previous Owner | $65,000 | Future Advance Clause Open End Mortgage |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22045368
APN: 49-10-05-103-003.000-101
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Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.