5918 Devington Road Indianapolis, IN 46226
Other
MLS #: 22096856
Courtesy Of Encore Sotheby's International Realty
Property InformationDescription
Rare opportunity to acquire a professionally managed, income-producing multi-family portfolio on Indianapolis' east side. The Devington Acres Portfolio comprises 8 buildings and 37 residential units, offering an investor immediate scale, built-in diversification, and operational efficiency from day one. Featuring a mix of predominantly two-bedroom units and some one-bedroom units, generating strong gross scheduled rent across the portfolio. Units are well-maintained with ongoing updates, making this a true turnkey acquisition. Located in a well-established neighborhood with consistent rental demand at attainable price points, the portfolio includes private parking, on-site and in-unit laundry across various buildings, garage income at select properties, and utility reimbursement structures that help offset owner-paid expenses. Whether you're an experienced portfolio investor or looking to scale quickly, Devington Acres delivers the infrastructure, cash flow, and professional oversight to support your goals from closing day forward. Offered as one complete investment package. Financials and due diligence materials available upon request.
Features
- Architecture Style: Other
- Building Units: 37
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Central Air
- Cooling System: Wall Unit(s)
- Heating System: Baseboard
- Heating System: Electric (Heating)
- Heating System: Hot Water (Heating)
- Legal Description: See attachments.
- MLSID: 22096856
- Rooms: Basement
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