SoldNov 27, 2025

Listed by Trent Kiester from @properties

Bought with Maurice Brown from Berkshire Hathaway HomeServices Indiana Realty (Fishers, 46038)

Source: MIBOR Service Corporation #22061999

323 N Arsenal Ave, Indianapolis, IN, 46201

$405,000

5400 sq. ft.

Duplex

30+ days on the market

Sold: Nov 27, 2025

What's around 323 N Arsenal Ave

About this property

TURNKEY QUADPLEX! Discover this prime investment opportunity at 323 N Arsenal Ave in Arsenal Heights, a highly desirable neighborhood on Indianapolis's east side, just minutes from downtown Indy and Highland Park. This well-maintained quadplex features four spacious 1-bedroom, 1-bathroom units, with two currently occupied generating reliable income of $1,000 and $895 per month, while the other two units stand vacant and ready for immediate tenant placement to boost your cash flow even further. All utilities are conveniently billed back to tenants through the leases, minimizing owner expenses and maximizing returns. Whether you're a savvy investor eyeing robust cash flow in a thriving, up-and-coming area or a house hacker aiming to live in one unit while renting out the rest to offset your mortgage, this property delivers the perfect blend of flexibility and profitability.

Looking for more information on 323 N Arsenal Ave?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties sold nearby

SoldJun 11, 2026
$120,000
422 North Oakland Avenue
Indianapolis IN 46201
Duplex
Listing courtesy of New Quantum Realty Group
SoldJun 10, 2026
$321,050
339 N Walcott St
Indianapolis IN 46201
Duplex
Listing courtesy of Real Broker, LLC and Keller Williams Indy Metro NE
SoldJun 9, 2026
$182,000
841 Wallace Avenue
Indianapolis IN 46201
Duplex
Listing courtesy of Three Seventeen Collective and Keller Williams Indy Metro NE

Other properties sold by @properties

SoldJun 16, 2026
$920,000
2716 Sutherland Ave
Indianapolis IN 46205
6
4
1
Single-Family
Listing courtesy of @properties
SoldJun 15, 2026
$158,500
3438 Carrollton Avenue
Indianapolis IN 46205
4
2
1
Single-Family
Listing courtesy of List With Ben, LLC and @properties
SoldJun 15, 2026
$1,335,000
3083 Jason St
Carmel IN 46033
5
6
4
Single-Family
Listing courtesy of Century 21 Scheetz and @properties

Browse properties sold in nearby areas

Based on information submitted to the MLS GRID as of 27 Nov 2025. 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.

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 MLS GRID IDX Rules Updated September 16, 2024 7 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: dmca@ratemyagent.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.

© 2026 RateMyAgent