Add a strong, income-producing property to your portfolio with this four-unit multifamily property near Downtown Indianapolis. Each unit offers a functional 2-bedroom, 1-bathroom layout, providing a desirable rental configuration with broad tenant appeal. With three of the four units currently occupied and just one vacancy, this property offers immediate rental income while still giving a new owner the opportunity to lease the remaining unit and increase overall performance. Located just north of Downtown Indianapolis, the property provides convenient access to IUPUI/IU Indianapolis, Methodist Hospital, downtown employers, restaurants, entertainment, and major commuter routes. Its central location and proximity to some of Indy's growing urban neighborhoods make it an attractive option for renters and investors alike. Whether you're looking to expand an existing portfolio or add a multifamily property with established occupancy, 522-524 W 23rd St offers four 2-bed/1-bath units, existing rental income, and additional upside through the current vacancy.

Based on information submitted to MIBOR as of August 19, 2026 7:05 AM UTC . All data is obtained from various sources and has not been, and will not be, verified by broker or MIBOR. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Property Details of 522-524 W 23rd Street

Property Details

Basic Information

Building

Location

Finance

Interior Features

Laundry

Utilities and Appliances

Utilities and Appliances

Community

Area

Map Location

Driving Directions

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Realty World Harbert Company