LKV Realty
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$525,000
$2,900Reward *
3539 N College Avenue, Indianapolis, IN 46205Listing ID 22089150

3539 N College Avenue, Indianapolis, IN 46205

Active
Hasselman Place
Time on site: 149 daysLast updated: May 28, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Quadruplex
Acres
Acres
0.15
Days on Site
Days on Site
147
Cooling
Cooling
Window Unit(s)
Heating
Heating
Forced Air
Year Built
Year Built
1910
Parking
Parking
Assigned

INVESTMENT opportunity! Purchase this 4-plex individually or with the neighboring 4-plex for added scale - 8 doors! 2025 cap rate near 6%. Each unit offers 3 bedrooms, 1 full bath, and an in-unit washer/dryer, with a mix of main-floor and upper-level layouts. This, plus the neighboring 4-plex property, has seen nearly $180K in improvements, including a roof replacement (2020), LVP flooring throughout, and extensive interior updates to kitchens, baths, paint, and drywall. Add this income-producing asset to your portfolio today.

Property Information

Property Details

Location

Address
3539 N College Avenue
County
Marion
City
Indianapolis
Zip Code
46205
Subdivision
Hasselman Place
School District
Indianapolis Public Schools
MLS Area
4910 - Marion - Center

Interior Features

Other Rooms

Laundry Features
Connections All, Laundry Room, Other

Building

Building Information

Year Built
1910
Construction
Vinyl Siding
Condition
Updated/Remodeled

Property Taxes

Tax Year
2024
@properties

Market Report for 46205

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MIBOR REALTOR® Association
MIBOR REALTOR® Association logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 07:59 PM UTC. 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MBR39110