$5,759

closing credit¹

46 N Ritter Ave Indianapolis, IN 46219

$485,000
0.3 acres
Multi-Family

Property details

About 46 N Ritter Ave

Great Investment Opportunity in Irvington - Updated Fourplex with Prime Location! This well-maintained Fourplex is an excellent addition to any investment portfolio. Featuring a mix of 2-bedroom and 1-bedroom units. Unit A has a long term resident with a lease through 9/2025, and Unit D has long term resident with a lease through 11/2025, while Unit B & C are currently vacant, providing a great opportunity for immediate occupancy or rental income. Conveniently located just a short distance from the heart of Irvington, residents will enjoy easy access to public transportation, retail shops, dining options, and are within close proximity to Downtown Indianapolis. Whether you're interested in long-term rentals, short-term leasing or house hacking, this property offers versatility and the potential for steady returns. Don't miss out on this promising investment!

Highlights

Home typeQuadruplex
StatusActive
BasementYes
Lot size0.31 Acres
Year built1915
MLS #22021277

Summary

  • MLS Number: 22021277
  • MLS Name: MIBOR
  • Office Name: T&H Realty Services, Inc.
  • Office Email: rosie@threaltyinc.com
  • Listing Agent: Rosie Berzenye

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

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. Properties displayed may be listed or sold by various participants in the MLS.

Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 7:16:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of home

$485,000

46 N Ritter Ave

$5,759

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 20, 2022
Home Sold
$435,000
Jun 29, 2021
Home Sold
$186,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

4

George W. Julian Elementary School 57

Public District KG-6

0.1 mi

5435 E Washington St

3

Ralph W. Emerson Elementary School 58

Public District PK-6

1.0 mi

321 N Linwood Ave

3

Christian Park Elementary School 82

Public District KG-6

1.1 mi

4700 English Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,279. Most Indianapolis, IN residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

39%
<35k
39%
35k-100k
20%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

54%
Single, No Kids
11%
Single, with Kids
18%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
6%
12-17 yrs old
22%
18-34 yrs old
49%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • College BasketballCollege Basketball
  • Mexican League SoccerMexican League Soccer
  • TennisTennis

Where do the neighbors shop?

  • DillardsDillards
  • Books-a-MillionBooks-a-Million
  • IKEAIKEA

Where do the neighbors go to eat?

  • Logan's RoadhouseLogan's Roadhouse
  • Church's ChickenChurch's Chicken
  • ChipotleChipotle

What do the neighbors drive?

  • HyundaiHyundai
  • ToyotaToyota
  • JeepJeep

What do the neighbors listen to?

  • RockRock
  • Adult HitsAdult Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 46 N Ritter Ave in Indianapolis, IN and zip code 46219 in the Irvington neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $485,000.

In January 2025 more than 100 listings in Indianapolis, IN were sold above the asking price. During the same period more than 147 listings were sold at asking price, while more than 354 were sold below. The number of listings in Indianapolis, IN decreased by 2.2% between December and January 2025. While the average time on the market in January 2025 was 48 days, the median list price was $249,950.

From Rocket Homes Real Estate and based on county public records data.

More resources