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20 Schiller Street

Indianapolis, IN 46225
  • $600,000
  • STATUS: Pending
  • ON SITE: 31 Days
  • MLS #: 22072255
Under Contract
UPDATED: 34 min ago
$600,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2025
County:

School Ratings & Info

School District:

Description

Are you ready to house hack, buy this property live on one side and then have 3 separate rental incomes totaling $3950.00 for the other 3 units. This is a new construction property that has great potential. Rents currently being marketed for each 3 bed 2.5 bath 1500 sq ft unit is 2050.00 which includes owner paying for sewer and water. Rents for each studio are currently being marketed at $950 per month which includes sewer and water. 1 studio is already under contract to be leased 11/15/2025, recent marketing for all other units has just begun at the end of October. If you did decide to purchase and live on one side, the rents from the other 3 units would pay the majority if not all of your mortgage payment. This would be a great property for an investor as well if you are not wanting to house hack with total rents approximately $6,000.

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© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2025-12-08T20:25:31.517. 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.
Click here for MLS GRID DMCA Notice
www.theindypropertysource.com/homes/169694846
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20 Schiller Street Indianapolis, IN 46225

  • Price: $600,000
  • Status: Pending
  • On Site: 31 Days
  • Updated: 34 min ago
  • MLS #: 22072255
0
Beds
0
Baths
0
½ Baths
0.11
Acres
2025
Built
Neighborhood:
Theo Meyers
County:
Marion
Area:
4910 - Marion - Center
School District:
Indianapolis Public Schools
Property Description
Are you ready to house hack, buy this property live on one side and then have 3 separate rental incomes totaling $3950.00 for the other 3 units. This is a new construction property that has great potential. Rents currently being marketed for each 3 bed 2.5 bath 1500 sq ft unit is 2050.00 which includes owner paying for sewer and water. Rents for each studio are currently being marketed at $950 per month which includes sewer and water. 1 studio is already under contract to be leased 11/15/2025, recent marketing for all other units has just begun at the end of October. If you did decide to purchase and live on one side, the rents from the other 3 units would pay the majority if not all of your mortgage payment. This would be a great property for an investor as well if you are not wanting to house hack with total rents approximately $6,000.
Exterior Features

Architectural Style Traditional Construction Materials Wood Siding Exterior Features Carriage/Guest House Foundation Details Crawl Space Levels Two Parking Features DetachedGravel Road Access Not Applic Road Surface Type Asphalt Roof Asphalt Structure Type Quadruplex Unit Parking Parking Garage View YN No Waterfront YN No

Interior Features

Basement YN No Cooling Central AirHeat Pump Heating ElectricForced AirHeat Pump

Property Features

Acres <1/4 Acre Builder Name Andtaldash LLC Building Utilities SewerWater Construction Stage Completed Current Financing ConventionalFHAVA Current Use Residential Dpr YN Yes Estimated Completion Date 11/01 Expenses 0 Laundry Connections All New Construction YN Yes Number Of Units Total 4 Owner Pays SewerWater Possession Closing Possible Use Residential Property Attached YN Yes Property Condition New Construction Property Sub Type Quadruplex Semi Annual Property Tax Amt 90 Solid Waste Yes Special Listing Conditions NoneBroker Owned Tax Exemption None Tax Year 2024 Tenant Pays Electricity Township Center Transaction Type Sale Zoning D5

Listing provided courtesy of Victory Realty Team: . © 2025 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2025-12-08T20:25:31.517. 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.
Click here for MLS GRID DMCA Notice
 
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