?? Property Snapshot
Type: Quadplex (4 separate 1/1 units)
Sqft: 1,320 total
Lot Size: 5,445 sqft
Year Built: 1920
Condition: Fully renovated – $0 rehab needed
Occupancy: 100% occupied
Gross Rents: $4,190/mo = $50,280/yr
Opex Assumption (25%): ~$12,570/yr
NOI: $37,710/yr
Gross Rents: $4,190/month = $50,280/year
?? Valuation & ARV Range
ARV Estimate: $400K – $450K
Recent nearby multifamily sales in this pocket support high-end resale values
Market continues to push upward in this Eastside rental corridor
?? DSCR Loan Analysis (Estimate)
Gross Income: $4,190/mo
Annual Gross: $50,280
Estimated Expenses (30%): ~$15,000
NOI: ~$35,280/year
Estimated DSCR: 1.47 – 1.60 (depending on rate/terms)
Based on 20–25% down, 7.25–7.5% interest, 30-year amortization
? DSCR loan-qualified with strong buffer above 1.2 minimum
Ideal for out-of-state or passive buy & hold investors
?? Investor Highlights
? Fully occupied & cash flowing day 1
?? Zero rehab needed – true turnkey
??? 4 separately metered 1BR units = stable income & low vacancy risk
?? Located in a hot zip near Emerson Heights, where comps are rising fast
?? Upside in future rent increases as neighborhood continues to gentrify
?? Plug-and-play asset — excellent for 1031 buyers, DSCR loans, or portfolio scaling
?? Looking for More Off-Market Inventory? We offer:
?? Single-Family Rentals
?? Duplexes, Triplexes, & Quads
?? Turnkey Cash Flow Properties
?? Light-to-Heavy Rehab Projects
?? Creative Financing & Seller Carry Deals
?? Browse full inventory at: www.reioffer.net
?? Contact Jamie Franklin | Acquire JDF Corp | 317-610-9834
This quadplex in Indianapolis, IN is the kind of investment property every serious investor looks for. Located at 519–521 N Gladstone Ave 46201, this 4-unit multifamily property delivers immediate rental income with 100% occupancy and proven cash flow. With 4 bedrooms and 4 bathrooms across 1,320 sqft, it’s a turnkey rental property already producing $4,190/month in gross rents.
The property sits on a 5,445 sqft lot, built in 1920, and offers stable tenant-occupied income with plenty of upside. Investors will appreciate the ARV potential of $400,000–$450,000, making this an ideal buy-and-hold rental, quadplex investment, or a strategic value-add multifamily deal.
One of the biggest advantages here is the financing option—qualified investors can secure 100% purchase and 100% rehab financing, meaning no money out of pocket on this or other 1–4 unit properties. For those with experience (minimum 4 deals in the last 5 years) and a 680+ credit score, this opens the door to scaling portfolios quickly without tying up capital.
Whether you’re searching for an Indianapolis quadplex for sale, a multifamily rental with strong cash flow, or a turnkey investment property in Indiana, this opportunity checks all the boxes:
Fully occupied with consistent income
Gross rents above $4,000/month
Built-in equity with ARV upside
Located in a rental-demand neighborhood
This is the type of off-market multifamily deal in Indianapolis that rarely hits the open market. Perfect for investors targeting cash-flowing rentals, BRRRR strategy properties, or long-term multifamily investments.
?? Call/text 317-610-9834 for full details.
?? More investment properties, turnkey rentals, duplexes, triplexes, and multifamily deals at: www.reioffer.net