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5925 Devington Road

Indianapolis IN 46226

4
5760 sq. ft.
44954 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Well-cared-for 8-unit multifamily property offering dependable income and long-term stability. Each unit features 2 bedrooms, 1 bath, and a detached one-car garage. The property is 100% occupied with long-term tenants and has been easy to own and manage. Current rents include 3 units at $900/month and 5 units at $950/month, with planned rent increases this year. Many updates have already been completed. Additional income potential exists through adding coin-operated laundry in the basement and creating or renting out storage space, offering a great opportunity for future upside. Ideal for an investor seeking a well-maintained, low-maintenance property with room to grow.

Features

4 carspaces
4 garage spaces
5760 sq. ft. floor area
44954 sq. ft. lot size
Multi-Family

Property history for 5925 Devington Road

2023
Sold
Undisclosed
08 Mar 2023

Happy sellers in Indianapolis

84%
84% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Indianapolis over the last 12 months.

Local market activity for multi families in Indianapolis

In the last 12 months, 1 multi family similar to 5925 Devington Road, have been sold.

This represents a 50% increase in multi families sales when compared to the previous 12 months.

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