Available
$238,900(ARV: $380,000)63% of ARV

Hamilton County, Cicero, IN 46034

4 bd4 ba2,600 sfBuilt 1981

9 days ago

Gross spread$141,100

Description

For more details, Call/Text Lily: [contact details hidden] Rare mid-century modern quadplex in Cicero, Indiana, featuring 4 mirrored 1 Bed, 1 Bath units totaling 2,600 SF on an 11,630 SF lot. Each unit has its own kitchen, living and dining areas, laundry setup, and mini-split heating and cooling. The property includes approximately 8 parking spaces, 4 separate electrical meters, vinyl windows, a storage shed, and appliances. The roof was replaced approximately 2 years ago, and the foundation and plumbing are in good condition. Three units are tenant-occupied below market rent, while the fourth is vacant and ready for cosmetic updates. Value-add potential includes kitchen, bathroom, and flooring improvements, with some upgrades already completed across the units. Owner pays water and trash; tenants pay electricity. Located near lake recreation, restaurants, and shops, with convenient access to Noblesville, Fishers, and Carmel. Excellent opportunity for investors seeking multifamily cash flow and rental upside.

Property

Bedrooms4
Bathrooms4
Square feet2,600
Lot size11,631 sf
Year built1981
ConditionLight Rehab
OccupancyTenant Occupied
ParkingAssigned

Systems & condition

Roof age1-3 yrs
HeatingOther · 0-5 yrs
Air conditioningMini-split
FoundationOther
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Property information

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