438 Jefferson Avenue

Indianapolis, IN 46201 (MLS #22082984)
$489,900

Description

This fully leased duplex, just minutes from downtown Indianapolis, sits in a lively, up-and-coming neighborhood. Updated in 2023, it offers immediate cash flow and strong income potential, with current rents still under market rates. Each unit has 3 bedrooms, 1.5 baths, a living and dining room, plus a laundry room with included appliances. The unfinished basement adds storage or future upgrade options. Outside, there's a covered front porch and fenced backyards, each private to its unit-perfect for long-term tenants. Close to downtown, dining, and entertainment, it's a great pick for investors seeking a solid property with room to grow. TenantsRead MoreRead Less
Courtesy of Shouse Realty Group LLC.
Days Online
44
Last Updated
Property Type
Duplex
Lot Size
0.17 Acres
Year Built
1902
MLS Number
22082984
Basement
Description: "Unfinished"
Building
Architecture: "Traditional", Construction Materials: "Vinyl Siding", "Wood Siding", Levels: "Two", Year Built: 1902
Cooling
Details: "Central Air"
Heating
Heating: "Forced Air"
Laundry
Description: "Connections All", "Laundry Room"
Lot
Features: "Access", Acres: 0.17, MLS Acres: <1/4 Acre
Roof
Description: "Shingle"

Area snapshot

30 Days Snapshot Of 46201
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(avg) sold price
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homes sold
0%
(avg) days on market
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Nearby Schools
*Please check the school district website to see all schools in this area
Center For Inquiry School 2
Public
KG-8
IPS Butler University Laboratory School 55
Public
PK-8
Shortridge High School
Public
9-12
George Washington High School
Public
9-12
Snapshot
Area Map

Mortgage Calculator

Monthly Payment
$0

The above figures are estimates and are not endorsed or certified. Check with your lender for actual interest rates.

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. 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 be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.

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