Indianapolis, IN 46208,55 W Fall Creek Parkway South DR
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Indianapolis, IN 46208,55 W Fall Creek Parkway South DR
Indianapolis, IN 46208,55 W Fall Creek Parkway South DR
Indianapolis, IN 46208,55 W Fall Creek Parkway South DR
Indianapolis, IN 46208,55 W Fall Creek Parkway South DR
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Listed by Jamie Suchotzky • Red Hot, REALTORS LLC
$ 700,000
Est. payment /mo
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Active

55 W Fall Creek Parkway South DR Indianapolis, IN 46208

6,969 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Rubens Wildwood

MLS Listing ID 22042809

Year Built 1910

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Quadruplex

Property Description

Welcome to this outstanding multi-family property nestled in one of Indianapolis'most desirable neighborhoods. This gem features four thoughtfully designed units, each offering comfortable two-bedroom, one-bathroom layouts perfect for residents seeking convenience and quality living. Situated in a vibrant community, this property enjoys proximity to numerous local amenities that tenants will appreciate. The beautiful George E. Kessler Park is just steps away, offering green spaces for outdoor recreation and relaxation. When hunger strikes, the renowned Goose The Market is within walking distance, providing specialty foods and groceries for culinary enthusiasts. Commuting is a breeze with the Meridian Street and Fall Creek/Ivy Tech Station nearby, connecting residents to the greater Indianapolis area. Families will value the property's location within reach of Herron High School, known for its exceptional academic programs. Investors will recognize the tremendous potential this four-unit building presents in Indianapolis ' growing rental market. The consistent floor plans across all units streamline maintenance and management, while the strategic location ensures strong tenant demand year-round. Whether you want to expand your real estate portfolio or seek your first multi-family investment, this property offers the perfect balance of location, functionality, and growth potential. The solid brick construction and well-maintained grounds represent the property's enduring value. Don't miss this opportunity to own a piece of Indianapolis real estate with excellent income potential in a neighborhood that continues to flourish!

Location

State IN

County Marion

Rooms

Basement Partial

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Building

Story Two

Structure Type Brick

New Construction false

Schools

School District Indianapolis Public Schools


MIBOR MLS

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 6

    Center For Inquiry School 2

    Public | KG - 8

  • 6

    Rousseau Mc Clellan 91

    Public | KG - 8

  • 4

    Theodore Potter School 74

    Public | KG - 6

  • 3

    William a Bell School 60 Reggio Academy

    Public | PK - 3

  • 3

    Mary E Nicholson School 70

    Public | KG - 5

  • 3

    William Mckinley School 39

    Public | PK - 6

  • 2

    Riverside School 44

    Public | PK - 6

  • 2

    Indiana School for the Deaf

    Public | PK - 12

  • 2

    Thomas D. Gregg Elementary School 15

    Public | PK - 6

  • 1

    Cold Spring School

    Public | KG - 6

  • 1

    Wendell Phillips School 63

    Public | KG - 6

  • 1

    Elder W Diggs School 42

    Public | PK - 6

  • 1

    James Whitcomb Riley School 43

    Public | KG - 8

  • 1

    Louis B Russell Jr School 48

    Public | PK - 6

  • 1

    Washington Irving School 14

    Public | PK - 6

  • 1

    Francis Parker Montessori School 56

    Public | PK - 8

  • 1

    Joyce Kilmer School 69

    Public | KG - 6

  • 0

    School of Knowledge

    Private | PK - 12

  • 0

    International School of Indiana

    Private | PK - 12

  • 0

    Key Learning Community Elementary School

    Public | KG - 5

Middle Schools 10
  • 1

    H L Harshman Middle School

    Public | 7 - 8

  • 0

    Basic Preparatory Academy

    Private | 7 - 12

  • 0

    George Washington Community Jr High School

    Public | 7 - 8

  • 0

    Key Learning Community Jr High School

    Public | 6 - 8

  • 0

    Crispus Attucks Med Mgnt Jr High School

    Public | 6 - 8

  • 0

    Carpe Diem - Meridian Campus

    Public | 6 - 12

  • 0

    Shortridge Law & Pub Pol Mag Jr High School

    Public | 6 - 8

  • 0

    Longfellow Magnet Middle School

    Public | 7 - 8

  • 0

    Tindley Collegiate Academy

    Public | 6 - 8

  • 0

    Tindley Preparatory Academy

    Public | 6 - 8

High Schools 10
  • 10

    Herron High School

    Public | 9 - 12

  • 5

    Crispus Attucks Medical Magnet High School

    Public | 9 - 12

  • 5

    Charles a Tindley Accelerated School

    Public | 9 - 12

  • 4

    Shortridge Law & Public Plcy Mg High School

    Public | 9 - 12

  • 1

    George Washington Community High School

    Public | 9 - 12

  • 1

    Indianapolis Metropolitan High School

    Public | 9 - 12

  • 1

    Arsenal Technical High School

    Public | 9 - 12

  • 0

    Providence Cristo Rey High School

    Private | 9 - 12

  • 0

    The Excel Center - Lafayette Sq

    Public | 9 - 12

  • 0

    Excel Center for Adult Learners

    Public | 9 - 12

School and business data provided by Attom Data.
Randy Worrell

Randy Worrell

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+1(317) 590-5709

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55 W Fall Creek Parkway South DR