3535 College Avenue, Indianapolis

3535 College Avenue, Indianapolis, IN 46205

Purpose unavailable

$525,000

Property Details

Bedrooms

Bathrooms

N/A

Sq Ft

1910

Year Built

Additional Information

Property SubtypeQuadruplex
MLS #MBR22089148
Lot Size0.15 Acres

Home Features

HeatingForced Air
CoolingWindow Unit(s)
ParkingAssigned

Providence Property Group, PC

Central Indiana real estate services

Office

612 N Madison Ave
Greenwood, IN 46142

Call/Text

(317) 746-0616

Email

garrettvaleu@providenceproperty.group

Description

INVESTMENT opportunity! Purchase this 4-plex individually or with the neighboring 4-plex for added scale - 8 doors! 2025 cap rate near 6%. Each unit offers 3 bedrooms, 1 full bath, and an in-unit washer/dryer, with a mix of main-floor and upper-level layouts. This plus the neighboring 4-plex property, has seen nearly $180K in improvements, including a roof replacement (2020), LVP flooring throughout, and extensive interior updates to kitchens, baths, paint, and drywall. Add this income-producing asset to your portfolio today.

Location

Loading property map near viewport

3535 College Avenue, Indianapolis, IN 46205

Inquire About This Property

Preferred Contact Method

Need immediate assistance?

Call/Text Garrett: (317) 746-0616

Photo Gallery

Listing provided courtesy of Kristin Glassburn at @properties

Contact: kris@atpropertiesind.com

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

Based on information submitted to the MLS GRID as of August 28, 2026 at 7:36 AM UTC. 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.

© 2026 MLS GRID. REALTOR® is a registered collective membership mark which may be used only by real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® and subscribe to its strict Code of Ethics.