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537 E 11th Street, 
Indianapolis, IN 46202

$699,900

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Tyler Renick

Tyler Knows Real Estate LLC.

317-258-7352

Last updated:

April 5, 2026, 02:42 PM

MLS#

22090881

Source:

IN MIBOR

About This Home

537 E 11th Street

Location! Location! Location! Cash flow. Upside. This quadruplex sits just two blocks from the hottest area of downtown Indy, near Mass Ave and minutes from the vibrant Bottleworks District-placing tenants within walking distance of some of downtown Indianapolis' best dining, entertainment, and nightlife. The property offers an ideal blend of stability and flexibility, with current rents ranging from $1,500-$1,850 per unit. The unit mix includes long-term tenants, furnished rentals, and clear potential to expand into short-term rentals for increased yield. Renovated in 2024, the building features refreshed flooring throughout, updated appliances, and modernized interiors with a clean, turnkey feel. Furnished units are included in the sale, providing immediate income without additional capital investment. Whether you're looking for a strong performing asset today or a value-add play with STR upside, this is a rare opportunity in one of Indianapolis' most sought-after rental corridors. Broker-owned property.

Home Facts

Multi-Family

Built in 1880

Price Summary

699,900

MLS #:

22090881

Last Updated:

April 5, 2026, 02:42 PM

Added:

15 day(s) ago

Structure

Structure

Architectural Style:

Victorian

Year Built:

1880

Lot

Lot Size (Sq. Ft):

5,227

Finances & Disclosures

Finances

Price:

$699,900

Source:IN MIBOR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.