5713 Bluff Rd, Indianapolis, IN 46217

4-unit property in Perry Township

1.05 Acres sqft

5

4

1

Prime opportunity for a cash flowing 4-unit property in Perry Township school district, a safe, quiet neighborhood on Indy's southside. This property is actually 2 free standing properties (one with 3 units and one with 1 unit). With three of the four units rented at the same competitive rate, you'll benefit from a steady, predictable income stream. Unit A, the highest rent unit, and Unit B will soon be available for lease, offering the potential for even greater returns. The property also features separate gas and electric meters, ensuring tenants pay for their own utilities, which keeps your expenses low. With septic and well water systems in place, operational costs are further streamlined. Investors / Agents -- Pro forma with actual market rents is attached. Current leases / rents: 1-bed Unit: $750 lease ending 10/31/25, 1-bed Unit: $640 lease ending 9/30/25, 1-bed Unit: $885 lease ending 3/31/25 (vacating). 2 Bed Unit is up for rent, last rented for $1135, could be bumped to $1150-1200.

Property for rent

Property for sale

Property for sale

$330,000 USD

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Property amenities

Garden

Dish washer

Property for sale

$330,000 USD

Get in touch to receive more info

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First-Time Buyers Quiz

See how ready you are to buy—then get a plan based on your results.

Ready to Buy Your First Home? Let’s Find Out.

Whether you're just dreaming or nearly ready to tour, we've got the tools to help you move smart. Take the quiz to see how prepared you are—or grab the free guide to learn what comes next.

House Hacking Playbook

Want your first property to help pay the mortgage? We’ll show you how.

Homeownership Blueprint

Learn the full process, step-by-step—from pre-approval to closing.

First-Time Buyers Quiz

See how ready you are to buy—then get a plan based on your results.

Ready to Buy Your First Home? Let’s Find Out.

Whether you're just dreaming or nearly ready to tour, we've got the tools to help you move smart. Take the quiz to see how prepared you are—or grab the free guide to learn what comes next.

House Hacking Playbook

Want your first property to help pay the mortgage? We’ll show you how.

Homeownership Blueprint

Learn the full process, step-by-step—from pre-approval to closing.

First-Time Buyers Quiz

See how ready you are to buy—then get a plan based on your results.