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$405,000
4
beds
4
baths

323 N Arsenal Avenue
Indianapolis, Indiana 46201

Closed / MLS #22061999 / Multiple Unit (2-4) / Holy Cross
Listing information updated 12/3/2025 at 4:26pm
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.
Architecture Style:
Traditional
Exterior Type:
Vinyl Siding
Beds Above Grade:
4
Cooling System:
None
Heating System:
Forced Air
Pool:
No
Age:
115 Years
Water Front:
No
Square Feet:
N/A
Lot Size:
0.12 Acres
Acreage:
0.12
Tax Amount:
N/A
Tax Year:
2024
Zip Code:
46201
City:
Indianapolis
County:
Marion
School District(s):
Indianapolis Public Schools
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: @properties

Listing Office Phone: 317.489.3441

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/3/2025 at 4:26pm. 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.

Holy Cross

Holy Cross, IN

Holy Cross is a thriving urban neighborhood with a small-town community feel. Located on Indianapolis' near east side, the neighborhood boasts a variety of amenities including restaurants, breweries, coffee shops, and parks. With a wide range of housing choices, residents live in everything from apa...
$363,515
Average Sale Price
69
Average Days On The Market
93%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 323 N Arsenal Avenue, Indianapolis, IN 46201

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323 N Arsenal Avenue, Indianapolis, IN 46201 is a multiple unit (2-4) which sold for $405,000. 323 N Arsenal Avenue features 4 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties IND since September 11th, 2025 and was built in 1910.