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Listed by Shane Burns • Victory Realty Team
$ 600,000
Est. payment /mo
Pending
20 Schiller ST Indianapolis, IN 46225
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Subdivision Theo Meyers
MLS Listing ID 22072255
Year Built 2025
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Quadruplex
Property Description
Are you ready to house hack, buy this property live on one side and then have 3 separate rental incomes totaling $3950.00 for the other 3 units. This is a new construction property that has great potential. Rents currently being marketed for each 3 bed 2.5 bath 1500 sq ft unit is 2050.00 which includes owner paying for sewer and water. Rents for each studio are currently being marketed at $950 per month which includes sewer and water. 1 studio is already under contract to be leased 11/15/2025, recent marketing for all other units has just begun at the end of October. If you did decide to purchase and live on one side, the rents from the other 3 units would pay the majority if not all of your mortgage payment. This would be a great property for an investor as well if you are not wanting to house hack with total rents approximately $6,000.
Location
State IN
County Marion
Zoning D5
Interior
Heating Electric, Forced Air, Heat Pump
Cooling Central Air, Heat Pump
Fireplace N
Exterior
Exterior Feature Carriage/Guest House
Garage Spaces 4.0
View Y/N false
Roof Type Asphalt
Building
Story Two
Foundation Crawl Space
Architectural Style Traditional
Structure Type Wood Siding
New Construction true
Schools
School District Indianapolis Public Schools
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