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$285,000

4830 E Washington St Indianapolis, IN 46201

0.09 acres
Multi-Family

Property details

About 4830 E Washington St

This recently updated quadplex in Indianapolis presents a prime investment opportunity with strong rental potential. Each of the four units has been modernized with contemporary finishes, updated kitchens and bathrooms, making the property move-in ready and low-maintenance. Located in a rapidly developing area with easy access to downtown, major employers, and local amenities, this property is perfectly positioned to attract reliable tenants and generate steady cash flow. Whether you're a seasoned investor or just starting out, this turnkey asset offers both immediate income and long-term value in one of Indianapolis's most promising neighborhoods. Units 2, 3 & 4 are tenant occupied. Unit 2 pays $700 base rent plus a $150 utility addendum. Unit 4 pays $1050 base rent + $225 utility addendum. Unit 3 pays $700 base rent plus a $150 utility addendum. Unit 1 is currently vacant with an approved applicant moving in 8/15 that will be paying $700/month + $150 utility addendum.

Highlights

Home typeQuadruplex
HeatingForced Air, Natural Gas
StatusActive
CoolingWindow Unit(s)
BasementYes
Lot size0.09 Acres
Year built1912
MLS #22044613

Summary

  • Basement: Yes
  • Architectural Style: Split Level
  • Heating: Forced Air, Natural Gas
  • Cooling: Window Unit(s)
  • List Price: $285,000
  • Annual Tax Amount: $3,382
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1912
  • Lot Size: 0.09 Acres
  • MLS Number: 22044613
  • MLS Name: MIBOR
  • Office Name: Trueblood Real Estate
  • Listing Agent: Richard Vinson

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.

DMCA Notice

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.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 4:31:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jan 19, 2022
Home Sold
$168,000

Tax history

YearAssessmentProperty Tax
2023$142,600$3,382
2022$144,400$3,409
2021$126,100$2,563
2020$110,700$2,450
2019$96,300$2,183
2018$84,300$3,391
2017$80,000$1,409

History based on county public records data.

Nearby schools

3

Ralph W. Emerson Elementary School 58

Public District PK-6

0.3 mi

321 N Linwood Ave

3

Christian Park Elementary School 82

Public District KG-6

0.7 mi

4700 English Ave

4

George W. Julian Elementary School 57

Public District KG-6

0.7 mi

5435 E Washington St

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 $28,864. Typical income of Indianapolis, IN residents is less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

59%
<35k
35%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

46%
Single, No Kids
22%
Single, with Kids
18%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
41%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • Horse RacesHorse Races

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Contemporary InspirationalContemporary Inspirational
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 4830 E Washington St

The listing price of 4830 E Washington St property is $285,000.

The property 4830 E Washington St is a multi located in Indianapolis, Indiana, 46201.

Active Listing: 4830 E Washington St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4830 E Washington St are: Ralph W. Emerson Elementary School 58 (GreatSchools Rating 3/10), Christian Park Elementary School 82 (GreatSchools Rating 3/10), George W. Julian Elementary School 57 (GreatSchools Rating 4/10), Paramount Englewood (GreatSchools Rating 9/10), Paramount Brookside (GreatSchools Rating 9/10), H. L. Harshman Magnet Middle School (GreatSchools Rating 3/10), Victory College Preparatory Academy (GreatSchools Rating 6/10), Irvington Community School (GreatSchools Rating 4/10), Arsenal Technical High School (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $3,382 (source: MLS/based on county public records data).

The last sale was on January 19, 2022 for $168,000 (source: MLS/tax record).

The year of construction for 4830 E Washington St is 1912.

This home is located at 4830 E Washington St in Indianapolis, IN and zip code 46201 in the Near Eastside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $285,000.

Indianapolis, IN housing market in June 2025 saw over 266 listings sold above listed price, more than 276 sold at listed price and over 527 sold below. In June 2025 in Indianapolis, IN there were 0.2% less homes for sale than in May. Listings spent 31 days on the market in June 2025, and had a median list price of $251,183 during the same period.

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

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