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FOR SALE BY OWNER
3716 E Market St, Indianapolis, IN 46201
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3716 E Market St, Indianapolis, IN 46201

3716 E Market St, Indianapolis, IN 46201

$260,000 $351/sq ft
4 Beds
4.0 Baths
740 Sq Ft
Listed 5 days ago • FSBO-PRO #FSBO0020969
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About This Property

3716–3718 E Market St, Indianapolis, IN 46201

?? Quadplex | 4 x 1 bed / 1 bath units
?? 1,480 sqft total | Lot: 5,663 sqft | Yr Built: 1925
Current Annual Gross Rents: $49,020

Current Rents:
$1050
$1100
$985
$950

??? 2 rear units have basement acccess - basement value-add by adding additional bedroom(s)
??? Occupancy: 100% | Owner-paid utils now (sub-meters for tenant-pay upside)
?? Section 8/VA eligible – recession-proof, low vacancy
?? Expenses (Est. 30%): $15,840/yr (proforma; drops post sub-meters)
?? DSCR Estimate: ~1.48 (at full rents)
?? Cash-on-Cash ROI: ~20% (20% down, DSCR loan, 7.5% int.)
?? Near Eastside Indy
? Core-plus opportunity | Immediate flow + easy adds | Ideal DSCR/1031 buy

Please call/text to get additional photos, details and to schedule a walk-thru.

Amanda: 317-760-3254
Jamie: 317-610-9834

Property Type Multi Family
Year Built 1925
Lot Size 5,662 sqft
Heating Other
Cooling None

Features & Amenities

Interior Features

  • Asphalt
  • Garage
  • None
  • Other
  • Unfinished

Location

3716 E Market St, Indianapolis, IN 46201, Indianapolis, IN 46201

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Property Owner

PO

Property Owner

Property Owner

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This home is listed

For Sale By Owner

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Why Buy This Home?

  • Listed directly by the owner – save on fees
  • Well maintained and move-in ready
  • Direct communication with the owner
  • Flexible showing schedule
  • Great location and neighborhood

Estimated Monthly Payment

*non-binding estimate only

$1,744/mo
Principal & Interest $1,384
Property Taxes $260
Home Insurance $100
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Estimated Monthly Payment
$1,744

Payment Breakdown

Principal & Interest $1,384
Property Tax $260
Home Insurance $100
HOA Fees $0
Loan Amount $208,000
Total Interest Paid $290,179
Total Cost $498,179