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$225,000

15 N Riley Avenue, Indianapolis IN, 46201

Price per sqftN/A
Built in1920
Property typeMulti-family
Courtesy of Wilmoth Group, Evan Wilbrandt Listing Contact:

Overview

Active

Listed Jun 22, 2026

Updated 3 weeks ago

Rare opportunity for a buyer to live in one unit and rent the other three out! This tenant occupied property is ready for its next owner to add their own creative touch. The current property owner has made updates as needed when units were turned over as well as a full rehab on unit number 4. There was off street parking added in 2025 for convenience for the residents who's units are on the back of the structure but parking on the street where legal is also an option. The home is located within minutes of shops, a grocery store, restaurants, and it just a few miles from downtown Indianapolis. Three units are currently occupied; please do not disturb tenants if passing by. Total income was $2690 when fully occupied. Pictures of all of the units were taken prior to tenants moving in. Agents, please reference private remarks for lease details. Room sizes are estimates

$1,497/mo

Est. mortgage payment based on a $225,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22109490

Interior Features

Basement
Yes

Exterior Features

Lot Size
0.37 Acres

Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Alicia Buckley shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 12:44 PM UTC on 9/17/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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