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$425,000

1602 E Vermont Street, Indianapolis IN, 46201

Price per sqftN/A
Built in1910
Property typeMulti-family
Courtesy of F.C. Tucker Company, Michael Miller Listing Contact:

Overview

Active

Listed Oct 8, 2026

Updated 39h ago

Expand your investment portfolio with this well-maintained, brick-exterior fourplex! The property includes two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one efficiency unit. The larger 2-bedroom unit offers 1,225 square feet, its own washer and dryer, and central air. The second 2-bedroom unit offers 827 square feet, while the 1-bedroom unit offers 884 square feet. Shared basement laundry serves these two units and the efficiency unit. Improvements include replacement of the gas distribution system in 2021 and substantial roof replacement in 2023. Gross scheduled annual charges total $41,340. Ownership has historically prioritized tenant retention and minimal vacancy over maximizing rents, offering an opportunity to evaluate future rental growth. See attachments for lease details, utilities and additional improvements. Buyers should independently verify market rents and future rental potential. Please do not disturb tenants.

$2,828/mo

Est. mortgage payment based on a $425,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22130450

Interior Features

Basement
Yes

Exterior Features

Lot Size
0.12 Acres

Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kelly Todd shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 4:26 AM UTC on 10/9/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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