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20 Schiller ST Indianapolis, IN 46225
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Key Details
Sold Price $598,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Theo Meyers
MLS Listing ID 22072255
Sold Date 12/12/25
Year Built 2025
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Quadruplex
Property Description
Are you ready to house hack, buy this property live on one side and then have 3 separate rental incomes totaling $3950.00 for the other 3 units. This is a new construction property that has great potential. Rents currently being marketed for each 3 bed 2.5 bath 1500 sq ft unit is 2050.00 which includes owner paying for sewer and water. Rents for each studio are currently being marketed at $950 per month which includes sewer and water. 1 studio is already under contract to be leased 11/15/2025, recent marketing for all other units has just begun at the end of October. If you did decide to purchase and live on one side, the rents from the other 3 units would pay the majority if not all of your mortgage payment. This would be a great property for an investor as well if you are not wanting to house hack with total rents approximately $6,000.
Location
State IN
County Marion
Zoning D5
Interior
Heating Electric, Forced Air, Heat Pump
Cooling Central Air, Heat Pump
Fireplace N
Exterior
Exterior Feature Carriage/Guest House
Garage Spaces 4.0
View Y/N false
Roof Type Asphalt
Building
Story Two
Foundation Crawl Space
Architectural Style Traditional
Structure Type Wood Siding
New Construction true
Schools
School District Indianapolis Public Schools
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