5925-5935 Devington Rd

Indianapolis, IN 46226

$850,000
Price
—
Beds
—
Baths
5,760 Sq. Ft.
$148 / Sq. Ft.
5,760
Sq. Ft.
$148
per Sq. Ft.

Description

Well-cared-for 8-unit multifamily property offering dependable income and long-term stability. Each unit features 2 bedrooms, 1 bath, and a detached one-car garage. The property is 100% occupied with long-term tenants and has been easy to own and manage. Current rents include 3 units at $900/month and 5 units at $950/month, with planned rent increases this year. Many updates have already been completed. Additional income potential exists through adding coin-operated laundry in the basement and creating...Well-cared-for 8-unit multifamily property offering dependable income and long-term stability. Each unit features 2 bedrooms, 1 bath, and a detached one-car garage. The property is 100% occupied with long-term tenants and has been easy to own and manage. Current rents include 3 units at $900/month and 5 units at $950/month, with planned rent increases this year. Many updates have already been completed. Additional income potential exists through adding coin-operated laundry in the basement and creating or renting out storage space, offering a great opportunity for future upside. Ideal for an investor seeking a well-maintained, low-maintenance property with room to grow.
  1. Listed by Martha Hernandez • eXp Realty, LLC

Property Details for 5925-5935 Devington Road

Township
Lawrence
Zoning
3305
LISTING UPDATED: 01/23/2026 06:01 PM

Property Details for 5925-5935 Devington Road

StatusActive
MLS #22081197
Days on Market8
Taxes$3,828 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1966
Lot Size1.04 AC / 45,302 SF
CountyMarion County

Location

Listing Courtesy of eXp Realty, LLC
Add your commute

Building Information for 5925-5935 Devington Road

Stories-Residences8Year Built1966Building Size-Lot Size1.04 AC / 45,302 SF

Payment Calculator

$4,781 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,143

Property Taxes

$638

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5925-5935 Devington Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46226
  • Postal Code Plus4: 2379
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 490710106020000400
  • Semi Annual Property Tax Amt: 3828
  • Tax Year: 2024
  • Additional Parcels Description: 49-07-10-106-021.000-400
  • TaxLot: 4011392
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage Spaces: 4.0
Property
Lot Information
  • Acreage: 1-3 Acres
  • Current Use: Apt<20
  • Lot Size Square Feet: 44954.0
  • Lot Size Acres: 1.04
  • New Construction: False
  • Space Available: 2
  • Sq Ft Total: 5760.0
  • Year Built Numeric: 1966
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: Devington Acres 1st Sec 0.516Ac Tract 15
  • Photos Count: 13
  • Property Sub Type: Multi-Family 5+
  • Property Type: Commercial Sale
  • Transaction Type: Sale
Utilities
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
Interior Features
  • Basement Description: Finished
  • Basement YN: Yes
  • Cooling: Central Air
  • Heating: Forced Air
  • Levels: Two
  • Multi Baths: 1
  • Multi Beds: 2
Multi Family
Multi-Family Information
  • Total Units: 8
  • Garage Parking: 1 Car Garage, Parking Lot
Unit 1
  • Unit Kitchen: 600
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom
Rental
Rental Information
  • Multi Tenants: Yes

Property History for 5925-5935 Devington Road

DateEvent & SourcePriceAppreciation
Jan 19, 2026

Listed (Active)

MIBORMLS #22081197

$850,000—
DateEvent & SourcePrice
01/19/2026

Listed (Active)

MIBORMLS #22081197

$850,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5925-5935 Devington Road

This home is within M S D Lawrence Township.
Rating
School
Type
Grades
Distance
Skiles Test Elementary School
Public - PK to 6
Belzer Middle School
Public - 7 to 8
Lawrence Central High School
Public - 9 to 12
McKenzie Career Center
Public - 6 to 12
Rating
School
Distance
Skiles Test Elementary School
PublicPK to 6

Belzer Middle School
Public7 to 8

Lawrence Central High School
Public9 to 12

McKenzie Career Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5925-5935 Devington Road, Indianapolis, IN 46226

5925-5935 Devington Road is a multi-family home for sale in Indianapolis, IN 46226. This property was listed for sale on January 19, 2026 by eXp Realty, LLC, it's currently listed at $850,000. This listing's school district is M S D Lawrence Township. Nearby schools include Skiles Test Elementary School, Belzer Middle School and Lawrence Central High School. 5925-5935 Devington Road is a 0-bed, 0-bath, 5,760 sqft multi-family home built in 1966.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/26/2026 08:04 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.