5918 Devington Road, Indianapolis
5918 Devington Road, Indianapolis, IN 46226
Purpose unavailable
$2,740,000
Pending
Property Details
Bedrooms
Bathrooms
N/A
Sq Ft
N/A
Year Built
Additional Information
Home Features
Providence Property Group, PC
Central Indiana real estate services
Office
612 N Madison Ave
Greenwood, IN 46142
Call/Text
(317) 746-0616
garrettvaleu@providenceproperty.group
Description
Rare opportunity to acquire a professionally managed, income-producing multi-family portfolio on Indianapolis' east side. The Devington Acres Portfolio comprises 8 buildings and 37 residential units, offering an investor immediate scale, built-in diversification, and operational efficiency from day one. Featuring a mix of predominantly two-bedroom units and some one-bedroom units, generating strong gross scheduled rent across the portfolio. Units are well-maintained with ongoing updates, making this a true turnkey acquisition. Located in a well-established neighborhood with consistent rental demand at attainable price points, the portfolio includes private parking, on-site and in-unit laundry across various buildings, garage income at select properties, and utility reimbursement structures that help offset owner-paid expenses. Whether you're an experienced portfolio investor or looking to scale quickly, Devington Acres delivers the infrastructure, cash flow, and professional oversight to support your goals from closing day forward. Offered as one complete investment package. Financials and due diligence materials available upon request.
Location
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5918 Devington Road, Indianapolis, IN 46226
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Listing provided courtesy of Jordan Herman at Encore Sotheby's International
Contact: jordan.herman@encoresothebysrealty.com
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID
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