546 Eastern Ave
Indianapolis, IN 46201
Near Eastside- 4 Beds
- 4 Baths
4 Beds
4 Baths
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1910
About this House
This cash-flowing quadruplex is an excellent investment opportunity in the St Clair Place area! With one unit being vacant and recently renovated to be move-in ready, this could be a perfect house hack for someone who wants to live in one side and let the other three units pay their mortgage or for the savvy investor who wants to enjoy steady cashflow and a healthy cap rate. These (four) 1 bedroom/1 bathroom units bring in an annual gross income of $42,000 (using the rent potential for the updated vacant unit) and have great tenants who are current on and timely with rent. There are two main level units and two upper units; Unit D on the main level has just been updated with new carpet, new luxury vinyl plank flooring, and fresh, crisp paint on the walls and trim and is available for showings. The off-street parking in the back lot is a big plus for renters, and each unit has its own laundry connection, oven/range and refrigerator. This investment is a great chance for ease of ownership and stable cashflow with growth potential in a gentrifying area!
546 Eastern Ave, Indianapolis, IN 46201 is a 4 bedroom, 4 bathroom multi-family in Near Eastside, built in 1910. It last sold for $415,000 on Sep 4, 2025 (2% below the $425,000 asking price). More recently, it was listed as a rental in April 2024 with an asking price of $749 per month. That rental listing was removed on April 23, 2024. It is currently off market. The Trulia Estimate rent is $2,890/month.
Home Details for 546 Eastern Ave
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MLS Status: Sold |
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (main level): 4 |
Appliances & Utilities Laundry: Connections All,Laundry Room |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
Security Security: Smoke Detector(s) |
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Parking & Garage Other Parking: Unit Parking(Parking Lot, Unpaved)No CarportNo Attached GarageParking: Detached |
Frontage Road Frontage: Not Applic |
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Cumulative Days on Market: 10 |
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Year Built Year Built: 1910 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, QuadruplexStructure Type: QuadruplexArchitecture: Traditional |
Building Construction Materials: Aluminum SidingNot a New ConstructionAttached To Another Structure |
Property Information Parcel Number: 491005153043000101 |
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Price List Price: $425,000 |
Status Change & Dates Off Market Date: Thu Aug 14 2025Possession Timing: Close Of Escrow |
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Direction & Address City: IndianapolisCommunity: Holtman & Topps |
School Information High School District: Indianapolis Public Schools |
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Lot Area: 6098.4 sqft |
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Expense Tenant Pays: All Utilities, Insurance, Grounds Care |
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BasementMls Number: 22054992 |
Last check for updates: about 7 hours ago
Listed by Elizabeth Ewbank
Highgarden Real Estate
Source: MIBOR as distributed by MLS GRID, MLS#22054992

Price History for 546 Eastern Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 09/04/2025 | $415,000 | Sold | MIBOR as distributed by MLS GRID #22054992 |
| 08/16/2025 | $425,000 | Pending | MIBOR as distributed by MLS GRID #22054992 |
| 08/06/2025 | $425,000 | Listed For Sale | MIBOR as distributed by MLS GRID #22054992 |
| 07/29/2024 | $385,000 | Sold | MIBOR as distributed by MLS GRID #21972983 |
| 05/31/2024 | $399,000 | Pending | MIBOR as distributed by MLS GRID #21972983 |
| 05/13/2024 | $399,000 | Listed For Sale | MIBOR as distributed by MLS GRID #21972983 |
| 04/23/2024 | ListingRemoved | Zillow Rentals | |
| 04/16/2024 | $749 | Listed For Rent | Zillow Rentals |
| 05/06/2022 | $338,000 | Sold | MIBOR as distributed by MLS GRID #21842853 |
| 03/16/2022 | $299,900 | Pending | MIBOR as distributed by MLS GRID #21842853 |
| 03/14/2022 | $299,900 | Listed For Sale | MIBOR as distributed by MLS GRID #21842853 |
| 06/16/2021 | ListingRemoved | Zillow Rental Network Premium | |
| 06/14/2021 | $619 | Listed For Rent | Zillow Rental Network Premium #21791702 |
| 11/25/2020 | $619 | ListingRemoved | Agent Provided |
| 09/05/2020 | $619 | Listed For Rent | Agent Provided |
| 01/08/2020 | $549 | ListingRemoved | Agent Provided |
| 10/09/2019 | $549 | PriceChange | Agent Provided |
| 09/22/2019 | $599 | Listed For Rent | Agent Provided |
| 10/31/2017 | $145,000 | Sold | N/A |
| 05/04/2016 | $125,000 | Sold | N/A |
| 07/01/2015 | $13,000 | Sold | N/A |
| 04/02/2014 | $10,687 | Sold | N/A |
| 01/24/2014 | $7,500 | Sold | N/A |
| 06/26/2008 | $110,400 | Sold | N/A |
Market trends in Near Eastside
Last updated June 2026
Avg. sale price
$182K
$17.17KMoM
Sale-to-List Price
97.8%
0.3%MoM
Price per sq ft
$100
$6MoM
Available listings
271
9MoM
Property Tax and Assessment
| Year | 2025 |
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| Tax | $10,344 |
| Assessment | $389,800 |
Home facts updated by county records
Comparable Sales for 546 Eastern Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Multi-Family Home | $286,500 | 12/30/25 | 6 | 4 | - | |
0.16 | Multi-Family Home | $454,000 | 10/03/25 | 8 | 4 | - | |
0.25 | Multi-Family Home | $292,000 | 07/13/26 | 6 | 4 | - | |
0.32 | Multi-Family Home | $281,400 | 10/07/25 | 4 | 3 | - | |
0.35 | Multi-Family Home | $230,000 | 09/03/25 | 4 | 4 | - | |
0.21 | Multi-Family Home | $500,000 | 05/11/26 | 8 | 4 | - | |
0.26 | Multi-Family Home | $212,000 | 08/15/25 | 4 | 3 | - | |
0.39 | Multi-Family Home | $292,000 | 01/30/26 | 6 | 4 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 546 Eastern Ave.
What Locals Say about Near Eastside
At least 259 Trulia users voted on each feature.
88 % Say there are sidewalks
86 % Say yards are well-kept
77 % Say parking is easy
76 % Say it's dog friendly
74 % Say car is needed
72 % Say kids play outside
65 % Say there's holiday spirit
55 % Say neighbors are friendly
54 % Say it's walkable to restaurants
50 % Say it's walkable to grocery stores
47 % Say they plan to stay for at least 5 years
41 % Say there's wildlife
40 % Say streets are well-lit
38 % Say there are community events
35 % Say it's quiet
29 % Say people would walk alone at night
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 546 Eastern Ave
Off Market Homes Near 546 Eastern Ave

Based on information submitted to the MLS GRID as of 2026-07-25 14:18:00 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

