3739 East Market Street

Indianapolis, IN 46201

$599,500
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fully Occupied Fourplex Near Downtown - Excellent Investment Opportunity! This meticulously renovated fourplex offers a blend of modern amenities and classic charm. The property has undergone a comprehensive studs-in/out renovation, featuring new mechanical systems including electrical, HVAC, and plumbing. Each unit boasts a fully equipped kitchen with a complete appliance package, including a washer and dryer. Additional upgrades include new bathrooms, updated flooring, windows, drywall finishes,...Fully Occupied Fourplex Near Downtown - Excellent Investment Opportunity! This meticulously renovated fourplex offers a blend of modern amenities and classic charm. The property has undergone a comprehensive studs-in/out renovation, featuring new mechanical systems including electrical, HVAC, and plumbing. Each unit boasts a fully equipped kitchen with a complete appliance package, including a washer and dryer. Additional upgrades include new bathrooms, updated flooring, windows, drywall finishes, and more. All units are separately metered for electric and gas, while water is on a shared meter. One unit also includes a finished basement, adding extra living space. Current rents range from $950 to $1,175 per month, offering substantial room for future rental growth. Situated in a prime location near downtown, with proximity to Woodruff Place, Emerson Heights, and Irvington, this property is poised for appreciation. Don't miss this incredible opportunity to maximize rental income in a rapidly developing area. Note: the vacant lot next door is not included in the sale. All units feature consistent, high-quality finishes throughout.
  1. Listed by Kimberly Yarrell • Triple E Realty, LLC • Kim@tripleerealty.com

Property Details for 3739 East Market Street

Architectural Style
Bungalow
Subdivision Name
Hartmans
Township
Center
Zoning
multi
LISTING UPDATED: 12/18/2024 09:10 AM

Property Details for 3739 East Market Street

StatusActive
MLS #22003175
Days on Market90
Taxes$1,263 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1910
Lot Size0.14 AC / 6,098 SF
CountyMarion County

Building Information for 3739 East Market Street

Stories-Residences4Year Built1910Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 3739 East Market Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • Postal Code Plus4: 3551
  • Road Access: Not Applic
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491005133031000101
  • Semi Annual Property Tax Amt: 1263
  • Tax Year: 2023
  • TaxLot: L4
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Apt<20
  • Gross Area SQFT: 3510
  • Lot Size Square Feet: 6100.0
  • Lot Size Acres: 0.14
  • New Construction: False
  • Structure Type: Quadruplex
  • Year Built Numeric: 1910
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Hartmans Robison & Voorhees 111.4' W End L4 & 10' Vac W & Adj
  • Photos Count: 9
  • Property Attached: Yes
  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
  • Property Condition: Updated/Remodeled
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Foundation Details: Block
  • Roof: Fiberglass
Interior Features
  • Basement Description: Unfinished
  • Basement YN: Yes
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Levels: Two
  • Laundry Features: In Basement
Multi Family
Multi-Family Information
  • Total Units: 4
  • Garage Parking: On Street
Income & Expenses
  • Expenses: 0
  • Gross Income: $.00
Unit 1
  • Unit Kitchen: 200
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Gas
  • Unit Type Type: 2 Bedroom

Property History for 3739 East Market Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3739 East Market Street

Taxable ValueLand$8,500Additions$126,300Total$134,800
Tax Record2023$3,197 ($266 / month)
Home Facts
Total Finished SqFt3,510 SqFtAbove Grade Finished SqFt3,510 SqFtStories2Lot Size6,100 SqFtStyleMulti-Family Dwelling (2-4)Year Built1910Year Renovated1980ZoningZO01CountyMARIONAPN49-10-05-133-031.000-101

Schools near 3739 East Market Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ralph Waldo Emerson School 58
PublicPK to 6

Arlington Community Middle School
Public7 to 8

Arsenal Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3739 East Market Street is a multi-family home for sale in Indianapolis, IN 46201. This property was listed for sale on September 23, 2024 by Triple E Realty, LLC, it's currently listed at $599,500. It has been on the market for a total of 90 days and was last sold on June 7, 2023. This listing's school district is Indianapolis Public Schools. Nearby schools include Ralph Waldo Emerson School 58, Arlington Community Middle School and George Washington Community High School (9-12). 3739 East Market Street is a 0-bed, 0-bath, multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Triple E Realty, LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.