537 E 11th St
Indianapolis, IN 46202
Downtown- 1 Bed
- 1 Bath
1 Bed
1 Bath
Local Information
© Google
-- mins to
Description
Location! Location! Location! Cash flow. Upside. This quadruplex sits just two blocks from the hottest area of downtown Indy, near Mass Ave and minutes from the vibrant Bottleworks District-placing tenants within walking distance of some of downtown Indianapolis' best dining, entertainment, and nightlife. The property offers an ideal blend of stability and flexibility, with current rents ranging from $1,500-$1,850 per unit. The unit mix includes long-term tenants, furnished rentals, and clear potential to expand into short-term rentals for increased yield. Renovated in 2024, the building features refreshed flooring throughout, updated appliances, and modernized interiors with a clean, turnkey feel. Furnished units are included in the sale, providing immediate income without additional capital investment. Whether you're looking for a strong performing asset today or a value-add play with STR upside, this is a rare opportunity in one of Indianapolis' most sought-after rental corridors. Broker-owned property.
Home Highlights
Parking
2 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
69 days ago
Home Details for 537 E 11th St
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MLS Status: Pending |
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Interior Details Basement: Exterior Entry |
Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 1 |
Appliances & Utilities Laundry: Common Laundry |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: Separate MetersHas HeatingHeating Fuel: Natural Gas |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
Security Security: Smoke Detector(s) |
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Exterior Home Features Fencing: Fenced, Partial, Front YardExterior: BalconyFoundation: Brick/Mortar, Crawl Space |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Unit Parking(On Street, Other)No CarportNo Attached GarageParking Spaces: 2Parking: Detached |
Frontage Road Frontage: City Street, See RemarksRoad Surface Type: Asphalt |
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Cumulative Days on Market: 29Days on Market: 69 |
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Year Built Year Built: 1880 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, QuadruplexStructure Type: QuadruplexArchitecture: Victorian |
Building Construction Materials: Brick, Wood SidingNot a New ConstructionNot Attached Property |
Property Information Usage of Home: ResidentialParcel Number: 490636143001000101 |
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Price List Price: $699,900 |
Status Change & Dates Off Market Date: Mon Apr 20 2026Possession Timing: Close Of Escrow, Negotiable |
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Direction & Address City: IndianapolisCommunity: Cosbys Sub Ovis Butlers 1st Add |
School Information High School District: Indianapolis Public Schools |
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Listing Agent Listing ID: 22090881 |
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Lot Area: 5227.2 sqft |
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BasementMls Number: 22090881 |
Last check for updates: about 11 hours ago
Listing Provided by: Tyler Renick, (317) 258-7352
Tyler Knows Real Estate LLC
Source: MIBOR as distributed by MLS GRID, MLS#22090881

Also Listed on MIBOR as distributed by MLS GRID.
Price History for 537 E 11th St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/20/2026 | $699,900 | Pending | MIBOR as distributed by MLS GRID #22090881 |
| 03/23/2026 | $699,900 | Listed For Sale | MIBOR as distributed by MLS GRID #22090881 |
| 03/15/2024 | $625,000 | Sold | MIBOR as distributed by MLS GRID #21958629 |
| 02/11/2024 | $645,000 | Pending | MIBOR as distributed by MLS GRID #21958629 |
| 01/04/2024 | $645,000 | Listed For Sale | MIBOR as distributed by MLS GRID #21958629 |
| 01/04/2024 | ListingRemoved | MIBOR as distributed by MLS GRID #21945537 | |
| 01/02/2024 | $645,000 | PendingToActive | MIBOR as distributed by MLS GRID #21945537 |
| 10/10/2023 | $645,000 | Pending | MIBOR as distributed by MLS GRID #21945537 |
| 09/28/2023 | $645,000 | Listed For Sale | MIBOR as distributed by MLS GRID #21945537 |
| 07/01/2022 | ListingRemoved | MIBOR as distributed by MLS GRID #21837419 | |
| 04/19/2022 | $670,000 | PendingToActive | MIBOR as distributed by MLS GRID #21837419 |
| 04/06/2022 | $670,000 | Pending | MIBOR as distributed by MLS GRID #21837419 |
| 03/22/2022 | $670,000 | PriceChange | MIBOR as distributed by MLS GRID #21837419 |
| 02/15/2022 | $720,000 | Listed For Sale | MIBOR as distributed by MLS GRID #21837419 |
| 09/01/2021 | ListingRemoved | Zillow Rental Network Premium | |
| 08/19/2021 | $1,000 | Listed For Rent | Zillow Rental Network Premium |
| 12/03/2020 | $1,000 | ListingRemoved | Agent Provided |
| 11/11/2020 | $1,000 | PriceChange | Agent Provided |
| 09/03/2020 | $1,100 | Listed For Rent | Agent Provided |
| 10/22/2019 | $416,500 | Sold | MIBOR as distributed by MLS GRID #21665692 |
| 09/12/2019 | $429,000 | Pending | Agent Provided |
| 09/04/2019 | $429,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $11,227 |
| Assessment | $583,200 |
Home facts updated by county records
Comparable Sales for 537 E 11th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Multi-Family Home | $695,000 | 01/28/26 | 6 | 3 | - | |
0.41 | Multi-Family Home | $290,000 | 09/12/25 | 3 | 2 | - | |
0.72 | Multi-Family Home | $810,000 | 04/22/26 | 2 | 2 | - | |
0.65 | Multi-Family Home | $302,000 | 01/05/26 | 2 | 2 | - | |
0.50 | Multi-Family Home | $455,000 | 11/18/25 | 2 | 3 | - | |
1.03 | Multi-Family Home | $193,320 | 02/12/26 | 1 | 1 | - | |
0.88 | Multi-Family Home | $234,000 | 08/11/25 | 2 | 2 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 537 E 11th St.
What Locals Say about Downtown
At least 196 Trulia users voted on each feature.
89 % Say it's dog friendly
87 % Say there are sidewalks
83 % Say it's walkable to restaurants
78 % Say streets are well-lit
75 % Say it's walkable to grocery stores
70 % Say parking is easy
66 % Say there's holiday spirit
65 % Say people would walk alone at night
64 % Say car is needed
48 % Say yards are well-kept
46 % Say neighbors are friendly
44 % Say they plan to stay for at least 5 years
34 % Say there are community events
34 % Say it's quiet
33 % Say kids play outside
23 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Tyler Renick, Tyler Knows Real Estate LLC
Agent Phone: (317) 258-7352

Based on information submitted to the MLS GRID as of 2026-05-31 15:48:00 PDT. 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. Click here for more information
537 E 11th St, Indianapolis, IN 46202 is a 1 bedroom, 1 bathroom multi-family built in 1880. 537 E 11th St is located in Downtown, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Mar 23, 2026. The MLS # for this home is MLS# 22090881.

