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About This Home

This 0-bedroom, 0-bathroom multi-family at 3535 N College Avenue in Indianapolis, IN is listed for $550,000. Built in 1910, on a 0.15 acres lot.

Agent Description

INVESTMENT opportunity! Purchase this 4-plex individually or with the neighboring 4-plex for added scale - 8 doors! 2025 cap rate near 6%. Each unit offers 3 bedrooms, 1 full bath, and an in-unit washer/dryer, with a mix of main-floor and upper-level layouts.

This plus the neighboring 4-plex property, has seen nearly $180K in improvements, including a roof replacement (2020), LVP flooring throughout, and extensive interior updates to kitchens, baths, paint, and drywall. Add this income-producing asset to your portfolio today.

Key Features

  • Built in 1910
  • 0.15 acre lot

Property Details

1 story
1910

Monthly Cost Estimate

$2,942/mo

20% down · 6.5% · 30 years

Principal$398
Interest$2,383
Insurance$160

Estimates only. Actual payments may vary.

Location

3535 N College Avenue

Indianapolis, IN 46205

Hasselman Place

Property Details

Construction

Vinyl Siding

Parking

Assigned

Heating

Forced Air

Cooling

Multi UnitsWindow Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 3535 N College Avenue is listed at $550,000. The estimated monthly payment is $2,383 based on 20% down at 6.5% interest.

Key features include: Built in 1910, 0.15 acre lot.

This property is listed by Kristin Glassburn and can be reached at 3175134251 or kris@atpropertiesind.com.

KG

Kristin Glassburn

Agent at @properties

(317) 513-4251

Listed by @properties · View on Broker Site

MLS# 22089148· Source: listhub· Updated 21 days ago

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3535 N College Avenue, Indianapolis, IN 46205

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