933 N Ewing Street Indianapolis, IN 46201
Listing Courtesy of: MIBOR / Century 21 Scheetz / Luci Chalian

  933 N Ewing Street Indianapolis, IN 46201

Active (12 Days)
$300,000 (USD)

Description

Fantastic opportunity for investors to own a revenue-generating four-plex just minutes from downtown Indianapolis. Each unit offers 1 bedroom and 1 bathroom, with three of the four units currently leased through 2026, providing built-in stability and dependable income. The fourth unit is vacant and ready for occupancy, offering immediate upside potential for increased cash flow. Recent updates have been completed in three units, including new flooring, appliances, and fresh paint throughout. The vacant unit is one of the recently renovated spaces, making it move-in ready for a new tenant. Current monthly rental income totals $3,577 with the three occupied units. Once the vacant unit is leased, total income has the potential to rise significantly, further enhancing the property's strong performance. The property's convenient location provides quick access to downtown Indianapolis, employment centers, shopping, dining, and entertainment. With stable long-term leases in place and room to increase income, this property is an excellent addition to any investor's portfolio. Tenants Rights Apply.

MLS #:
22063313
Taxes
$1,483(2024)
Lot Size
4,443 SQFT
Type
Multifamily
Year Built
1920
School District
Indianapolis Public Schools
County
Marion County
Community
Center

Listed By

Luci Chalian, Century 21 Scheetz
Source
MIBOR
Last checked Oct 3 2025 at 7:18 AM GMT+0000
Bathroom Details
Subdivision
  • Lukenbills
Property Features
  • Foundation: Block
Heating and Cooling
  • Electric
  • Window Unit(s)
Basement Information
  • Unfinished
Exterior Features
  • Vinyl With Brick
Stories
  • 1
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by C21 Scheetz and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2023 Metropolitan Indianapolis Board of Realtors (MIBOR). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/20/23 06:55