Indianapolis, IN 46208,59 W Fall Creek Parkway South DR
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Indianapolis, IN 46208,59 W Fall Creek Parkway South DR
Indianapolis, IN 46208,59 W Fall Creek Parkway South DR
Indianapolis, IN 46208,59 W Fall Creek Parkway South DR
Indianapolis, IN 46208,59 W Fall Creek Parkway South DR
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Randy Worrell

Randy Worrell

+1(317) 590-5709
Listed by Jamie Suchotzky • Red Hot, REALTORS LLC
$ 725,000
Est. payment /mo
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Active

59 W Fall Creek Parkway South DR Indianapolis, IN 46208

6,098 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 22042813

Year Built 1910

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Quadruplex

Property Description

Nestled along the scenic Fall Creek Parkway, this exceptional multi-family property presents a rare opportunity for investors seeking quality rental units in one of Indianapolis's most desirable neighborhoods. This charming property features four well-maintained units, each offering comfortable 2-bedroom, 1-bathroom layouts that appeal to a wide range of potential tenants. Say goodbye to tenant parking woes! This property comes complete with its own dedicated parking lot-a feature that stands out in urban settings and adds significant appeal to prospective renters. The location couldn't be more perfect, with George E. Kessler Park just steps away for outdoor recreation and relaxation. Residents will appreciate the convenience of the nearby Meridian St & Fall Creek/Ivy Tech Station for easy commuting, while Goose The Market provides local grocery shopping within walking distance. Families will value the proximity to the esteemed Herron High School, adding educational value to this investment property's many attributes. Each unit offers practical living spaces with room for personalization, allowing you to create distinctive rental offerings or maintain a consistent appeal across all units. The solid brick exterior speaks to the building's durability and timeless charm, while providing excellent curb appeal. Whether expanding your investment portfolio or entering the multi-family market for the first time, this property offers stable income potential in a neighborhood that continues to grow in popularity and value. Don't miss the opportunity to add this promising multi-family gem to your real estate holdings!

Location

State IN

County Marion

Rooms

Basement Partial

Interior

Fireplace N

Building

Story Two

Structure Type Brick

New Construction false

Schools

School District Indianapolis Public Schools

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

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

Broker

+1(317) 590-5709

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59 W Fall Creek Parkway South DR