3739 E Market St Indianapolis, IN 46201
Near Eastside NeighborhoodEstimated payment $2,949/month
Total Views
6,705
2
Beds
1
Bath
--
Sq Ft
--
Price per Sq Ft
About This Home
Fully Occupied Fourplex Near Downtown - Excellent Investment Opportunity! This meticulously renovated fourplex offers a blend of modern amenities and classic charm. Excellent opportunity for an investor to take on an updated property for their portfolio. The property has undergone a comprehensive studs-in/out renovation, featuring new mechanical systems including electrical, HVAC, and plumbing and updated sump pump. The roof is less than one year old. Each unit boasts a fully equipped kitchen with a complete appliance package, including a washer and dryer. Additional upgrades include new bathrooms, updated flooring, windows, drywall finishes, and more. All units are separately metered for electric and gas, while water is on a shared meter. One unit also includes a finished basement, adding extra living space. Current rents range from $950 to $1,175 per month, offering substantial room for future rental growth. Situated in a prime location near downtown, with proximity to Woodruff Place, Emerson Heights, and Irvington, this property is poised for appreciation. Don't miss this incredible opportunity to maximize rental income in a rapidly developing area. Note: the vacant lot next door is not included in the sale. All units feature consistent, high-quality finishes throughout.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,526
Year Built
- Built in 1910 | Remodeled
Home Design
- Bungalow
- Block Foundation
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Laundry in Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Additional Features
- 6,100 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- Hartmans Subdivision
Listing and Financial Details
- Tax Lot L4
- Assessor Parcel Number 491005133031000101
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Price Changed | $500,000 | -8.3% | -- |
| 05/07/2025 05/07/25 | Price Changed | $545,000 | -3.5% | -- |
| 02/25/2025 02/25/25 | Price Changed | $565,000 | -4.2% | -- |
| 01/02/2025 01/02/25 | Price Changed | $590,000 | 0.0% | -- |
| 01/02/2025 01/02/25 | For Sale | $590,000 | -1.6% | -- |
| 12/31/2024 12/31/24 | Off Market | $599,500 | -- | -- |
| 12/18/2024 12/18/24 | Price Changed | $599,500 | -11.3% | -- |
| 09/23/2024 09/23/24 | For Sale | $675,900 | +40.8% | -- |
| 06/07/2023 06/07/23 | Sold | $480,000 | -3.8% | -- |
| 05/25/2023 05/25/23 | Pending | -- | -- | -- |
| 04/13/2023 04/13/23 | For Sale | $499,000 | +124.3% | -- |
| 04/12/2021 04/12/21 | Sold | $222,500 | +3.5% | -- |
| 01/28/2021 01/28/21 | Pending | -- | -- | -- |
| 01/22/2021 01/22/21 | For Sale | $215,000 | 0.0% | -- |
| 02/18/2019 02/18/19 | Rented | $525 | 0.0% | -- |
| 02/15/2019 02/15/19 | Under Contract | -- | -- | -- |
| 02/11/2019 02/11/19 | Price Changed | $525 | -4.5% | $1 / Sq Ft |
| 01/29/2019 01/29/19 | Price Changed | $550 | -4.3% | $1 / Sq Ft |
| 01/11/2019 01/11/19 | For Rent | $575 | 0.0% | -- |
| 06/12/2017 06/12/17 | Sold | $140,000 | -12.5% | -- |
| 03/23/2017 03/23/17 | For Sale | $160,000 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22003175
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