537 E 11th ST, Indianapolis, IN 46202
537 E 11th ST, Indianapolis, IN 46202
537 E 11th ST, Indianapolis, IN 46202
Listed by Tyler Renick • Tyler Knows Real Estate LLC
$679,000
Est. payment /mo
$699,900
3.0%
Est.Price: ?

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5,227 Sqft Lot
SOLD DATE : 06/17/2026

Key Details

Sold Price $679,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Cosbys Sub Ovis Butlers 1St Add

MLS Listing ID 22090881

Sold Date 06/17/26

Year Built 1880

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Quadruplex

Property Description

Location! Location! Location! Cash flow. Upside. This quadruplex sits just two blocks from the hottest area of downtown Indy, near Mass Ave and minutes from the vibrant Bottleworks District-placing tenants within walking distance of some of downtown Indianapolis' best dining, entertainment, and nightlife. The property offers an ideal blend of stability and flexibility, with current rents ranging from $1,500-$1,850 per unit. The unit mix includes long-term tenants, furnished rentals, and clear potential to expand into short-term rentals for increased yield. Renovated in 2024, the building features refreshed flooring throughout, updated appliances, and modernized interiors with a clean, turnkey feel. Furnished units are included in the sale, providing immediate income without additional capital investment. Whether you're looking for a strong performing asset today or a value-add play with STR upside, this is a rare opportunity in one of Indianapolis' most sought-after rental corridors. Broker-owned property.

Location

State IN

County Marion

Zoning Multi

Rooms

Basement Exterior Entry

Interior

Heating Natural Gas

Cooling Separate Meters

Fireplace N

Exterior

Exterior Feature Balcony

Garage Spaces 2.0

Building

Story Two

Foundation Brick/Mortar, Crawl Space

Architectural Style Victorian

Structure Type Brick,Wood Siding

New Construction false

Schools

School District Indianapolis Public Schools

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Nearby Locations

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Name

Name

Phone*

Phone

Message

Message
Magi Strickler

+1(317) 478-6624

magi@magistricklerrealtor.com

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