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Listing provided courtesy of eXp Realty, LLCMLS# MBR22094423MLS Provider
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Investor portfolio opportunity in Indianapolis! Income-producing 4-unit multifamily package with strong cash flow and value-add potential. Ideal for investors seeking a buy-and-hold investment property, rental portfolio expansion, or long-term equity growth in a market with steady rental demand. Each unit features a functional layout with opportunity to renovate, increase rents, and maximize returns. Current rental income includes Unit 2941 leased at $850/month through 5/31/2027 and Unit 2943 leased at $865/month through 5/31/2026. Additional units provide further income and upside potential. Sold as-is. Must be purchased together with 2945 Schofield Ave as a package for $339,900. Interior photos shown are from unit 2945 Schofield Ave; finishes and condition of other units may vary. All showings must be scheduled through the 2945 Schofield Ave listing.

Source: MIBOR, MLS#: MBR22094423

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  • Property Type
    Residential Income
  • Lot
    0.22 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2941 Schofield Avenue

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/5/2026Source: MIBOR Added to Database
May 05, 2026