OFF MARKET

Off Market Jul 2024 for $385K

$473,690

•

8 ba

•

5,200

sq ft

2705 Rader St, Indianapolis, IN 46208

About this home

ATTENTION INVESTORS! Welcome to this fantastic investment opportunity! Don't miss out on this updated all brick 4-unit multifamily property, with great cash flow potential, whether you're a seasoned investor or those just starting their journey. All four units feature 2/BR/1BA, with newer vanities, vinyl plank floors, fresh paint, and newer kitchen cabinets. Last roof insulation- 2018. Centrally located laundry room on lower level with washer/dryer hook ups. This Quadplex is located on Indy's Westside; conveniently minutes from downtown and I-65. Gross monthly income is $3015. Unit A - Lease ends 2/2/24 Unit B - Currently vacant Unit C - Lease ends 8/31/24 Unit D - Lease ends 6/18/24

Multi-familyProperty Type

1967Year Built

2,124 sq ftLot Size

$91Est. Price/Sq.Ft.

Listed by DeAnna Andrew • AMR Real Estate LLC

Contact: deannaandrew.properties@gmail.com

Bought with Kimberly Yarrell • Triple E Realty, LLC

Redfin checked: a few seconds ago

•Source:MIBOR as Distributed by MLS Grid #21958842

Redfin Estimate

$473,690

$89K since sold in July 2024$16K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 71.7% higher than the average sale price ($276K) of 6 comparable homes.

SOLD JUL 24, 2026
$265,000
A
4 beds3 baths2,464 sq ft
950 W 27th St, Indianapolis, IN 46208
SOLD SEP 14, 2026
$500,000
B
3 beds3 baths2,506 sq ft
2454 N Talbott St, Indianapolis, IN 46205
SOLD JUL 6, 2026
$380,000
C
3 beds2.5 baths3,026 sq ft
2233 N Talbott St, Indianapolis, IN 46205
SOLD AUG 5, 2026
$227,000
D
5 beds2.5 baths2,700 sq ft
624 Eugene St, Indianapolis, IN 46208
SOLD JUL 17, 2026
$65,000
E
4 beds2 baths1,452 sq ft
952 Udell St, Indianapolis, IN 46208
SOLD JUL 31, 2026
$218,000
F
3 beds3 baths2,148 sq ft
2502 N Harding St, Indianapolis, IN 46208

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$148,415

Est. take-home

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Market trends in 46208, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.4%

0.3% MoM

Median sale price

$227K

$5K MoM

Avg. days on market

33d

0 days MoM

Recently sold homes

100

18 MoM

New listings for sale

NEW 13 HRS AGO
$145,000
3 beds1 bath1,956 sq ft
822 W 28th St, Indianapolis, IN 46208
NEW 17 HRS AGO
$725,000
— beds— baths— sq ft
37 W Fall Creek Parkway South Dr, Indianapolis, IN 46208
OPEN TODAY, 1PM TO 2PM
$274,999
3 beds2.5 baths1,612 sq ft
2256 N Harding St, Indianapolis, IN 46208
$125,000
3 beds1 bath1,288 sq ft
818 W 25th St, Indianapolis, IN 46208
$105,000
2 beds1 bath1,818 sq ft
312 W 31st St, Indianapolis, IN 46208
3D WALKTHROUGH
$319,000
3 beds2.5 baths2,106 sq ft
4125 Clarendon, Indianapolis, IN 46208
$179,900
3 beds2 baths1,936 sq ft
2948 Highland Pl, Indianapolis, IN 46208
$250,000
3 beds2.5 baths1,499 sq ft
3829 Graceland Ave, Indianapolis, IN 46208
$219,000
3 beds2 baths1,344 sq ft
1445 W 34th St, Indianapolis, IN 46208
$239,900
3 beds2 baths1,716 sq ft
2701 Ethel Ave, Indianapolis, IN 46208
See all

Provided by Redfin

Sale history for 2705 Rader St

Date

Event

Price

MIBOR as Distributed by MLS Grid #21958842

Jul 1, 2024

Sold

$385,000

$74/sq ft

Jan 9, 2024

Pending

—

Jan 5, 2024

Listed

$430,000

$83/sq ft

MIBOR as Distributed by MLS Grid #21874819

Sep 14, 2022

Sold

$300,000

$58/sq ft

Aug 11, 2022

Pending

—

Aug 2, 2022

Listed

$299,900

$58/sq ft

MIBOR as Distributed by MLS Grid #21816063

Dec 31, 2021

Listing Removed

—

Dec 31, 2021

Relisted

—

Nov 22, 2021

Pending

—

Oct 29, 2021

Relisted

—

Oct 25, 2021

Pending

—

Oct 22, 2021

Relisted

—

Oct 1, 2021

Pending

—

Sep 28, 2021

Listed

$299,000

$58/sq ft

MIBOR as Distributed by MLS Grid #21775330

Apr 26, 2021

Price Changed

$115,000

$22/sq ft

Apr 16, 2021

Sold

$115,000

$22/sq ft

Mar 30, 2021

Pending

—

Mar 30, 2021

Listed

$175,000

$34/sq ft

MIBOR as Distributed by MLS Grid #21746697

Oct 29, 2020

Listing Removed

—

Oct 20, 2020

Listed

$82,500

$16/sq ft

Oct 20, 2020

Listing Removed

—

MIBOR as Distributed by MLS Grid #2904969

Mar 31, 2010

Listing Removed

—

Jan 30, 2009

Listed

$14,900

$3/sq ft

MIBOR as Distributed by MLS Grid #2763705

Dec 23, 2008

Listing Removed

—

Oct 2, 2007

Listed

$24,500

$5/sq ft

Tax history for 2705 Rader St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

—

Stories

Lot width

59 ft.

Lot depth

36 ft.

Lot size

2,265 Sq. Ft.

Year renovated

1997

Sq. Ft.

2,700

Year built

1967

Style

Other

County

Marion County

APN

490627149214000101

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

AIRSPACE SECONDARY ZONING DISTRICT

COMPACT

Dwelling District Five

The D-5 district is intended for medium and large- lot housing formats, primarily for detached houses, but may incorporate small- scale multi- unit building types in strategic locations. This district can be used for new, walkable suburban neighborhoods or for infill situation in established urban areas, including both low density and medium density residential recommendations of the Comprehensive Plan, and the Suburban Neighborhood and Traditional Neighborhood Typologies of the Land Use Pattern Book.

Zone overlays

Airspace Secondary Zoning District
Compact Context Area

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space

Property details

Interior

Basement Information
Has Basement

Exterior

Property Features
Conversion: No

Property Information
Property Type: Residential Income
Property Sub Type: Fourplex

Land Information
Current Use: Apt>20
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.05
Road Access: Access Rd

Utilities

Utility Information
Solid Waste Information: No

Location

Multi-Family Financial Information
Owner Pays: Ins Hazard, Insurance, Lawncare, Sewer, Trash Collection, Water
Gross Income: 3015
Expenses: 0

Multi-Unit Information
# of Units: 4

Unit Type 1 Information
Kitchen: 9X8
Levels: 1
Rent: 885
Rent Frequency: Monthly

Unit Type 2 Information
Kitchen: 9X8
Levels: 2
Rent: 1065
Rent Frequency: Monthly

Unit Type 3 Information
Kitchen: 9X8
Levels: 2
Rent Frequency: Monthly
Rent: 1065

School Information
High School District: Indianapolis Public Schools

Location Information
Directions: GPS Friendly
Tax Legal Description: A L Roaches N Indpls Add 59.1Ft N End L21 & 6Ftx 59Ft Irr Strip Nw Cor L22 B34

Community Information
Low Maintenance Lifestyle YN: Yes

Public facts

Beds: 1
Baths: —
Sq. Ft.: 2,700
Stories: 1.0
Lot Size: 2,265 square feet
Style: Other
Year Built: 1967
Year Renovated: 1997
County: Marion County
APN: 490627149214000101

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: deannaandrew.properties@gmail.com

Green Information
Green Certification YN: No
Direction Faces: West

Home Information
Construction Materials: Brick
Structure Type: Quadruplex
Levels: Two

Around this home

Schools

George Washington Carver School 87

Public PreK-5 • Assigned • 0.6mi

3/10

Global Preparatory Academy

Charter K-8 • Assigned • 0.8mi

4/10

Riverside High School

Charter 9-12 • Assigned • 0.9mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 101° expected this year, 19 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46208

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$451,000 – $545,000

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Nearby similar homes

$260,000

4 beds4 baths2,214 sq ft

802 Udell St, Indianapolis, IN 46208

$485,000

6 beds8 baths7,872 sq ft

4850 N Carrollton Ave, Indianapolis, IN 46205

$199,900

4 beds2.5 baths1,826 sq ft

1166 W 36th St, Indianapolis, IN 46208

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2 beds4 baths3,172 sq ft

231-233 W 29th St, Indianapolis, IN 46208

3D WALKTHROUGH

$479,900

4 beds3.5 baths2,962 sq ft

2020 Ruckle St, Indianapolis, IN 46202

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New listings for sale in 46208

NEW 13 HRS AGO3D WALKTHROUGH

$145,000

3 beds1 bath1,956 sq ft

822 W 28th St, Indianapolis, IN 46208

NEW 17 HRS AGO

$725,000

— beds— baths— sq ft

37 W Fall Creek Parkway South Dr, Indianapolis, IN 46208

OPEN TODAY, 1PM TO 2PM

$274,999

3 beds2.5 baths1,612 sq ft

2256 N Harding St, Indianapolis, IN 46208

$125,000

3 beds1 bath1,288 sq ft

818 W 25th St, Indianapolis, IN 46208

$105,000

2 beds1 bath1,818 sq ft

312 W 31st St, Indianapolis, IN 46208

3D WALKTHROUGH

$319,000

3 beds2.5 baths2,106 sq ft

4125 Clarendon, Indianapolis, IN 46208

$179,900

3 beds2 baths1,936 sq ft

2948 Highland Pl, Indianapolis, IN 46208

$250,000

3 beds2.5 baths1,499 sq ft

3829 Graceland Ave, Indianapolis, IN 46208

$219,000

3 beds2 baths1,344 sq ft

1445 W 34th St, Indianapolis, IN 46208

Home values near 2705 Rader St

Data from public records.

Address	Redfin Estimate
955 W 28th Street, Indianapolis, IN 3 Beds \| 1 Baths \| 1084 Sq. Ft.	$69,006
1006 W 27th Street, Indianapolis, IN 2 Beds \| - Baths \| 1496 Sq. Ft.	$136,313

Address	Redfin Estimate
1010 W 27th Street, Indianapolis, IN 4 Beds \| - Baths \| - Sq. Ft.	$164,848
1017 W 28th Street, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1360 Sq. Ft.	$170,272

Address	Redfin Estimate
1011 W 28th Street, Indianapolis, IN 3 Beds \| 3 Baths \| 1324 Sq. Ft.	$197,849
954 W 27th Street, Indianapolis, IN 4 Beds \| - Baths \| 1652 Sq. Ft.	$115,916

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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