1741 Terrace Avenue

Indianapolis, IN 46203 (MLS #22102056)
$250,000
Beds
6
Baths
2
Square Ft.
4,608

Description

Spacious and versatile 6-bedroom, 2-bath property offering exceptional flexibility and income-producing potential! Previously configured as a duplex, this unique home features two full kitchens, two separate living rooms, and a layout that easily accommodates multi-generational living, rental opportunities, or continued use as a boarding house. Currently operating with 4 tenants on weekly rent, the property already provides established cash flow for investors looking to expand their portfolio. Inside, you'll find generously sized rooms, multiple common living areas, and large basements that provide ample storage space and added functionality. The enclosed front porch creates a welcoming entry and a comfortable placeRead MoreRead Less
Courtesy of RE/MAX Advanced Realty.
Days Online
3
Last Updated
Property Type
Single Family Residence
Beds
6
Full Baths
2
Square Ft.
4,608
Lot Size
0.18 Acres
Year Built
1930
MLS Number
22102056
Appliances & Equipment
Description: "Dryer", "Microwave", "Electric Oven", "Gas Oven", "Refrigerator", "Washer"
Basement
Description: "Full", "Storage Space", "Unfinished"
Building
Area: 3072, Architecture: "Traditional", Building Area: 4608, Construction Materials: "Vinyl Siding", Levels: "Two", Year Built: 1930
Cooling
Details: "Window Unit(s)"
Exterior Features
Features: "Storage Shed", Patio Features: "Deck", "Glass Enclosed"
Heating
Heating: "Natural Gas"
Laundry
Description: "In Basement"
Lot
Features: "Sidewalks", "Mature Trees", Acres: 0.18, MLS Acres: <1/4 Acre
Utilities
Water Source: "Public"

Area snapshot

30 Days Snapshot Of 46203
$242k
(avg) sold price
+2%
52
homes sold
+15%
80
(avg) days on market
-3%
Nearby Schools
*Please check the school district website to see all schools in this area
Christel House Schools at Manual High School
Public
9-12
KIPP Indy Legacy High School
Public
9-12
H. L. Harshman Middle School
Public
6-8
Merle Sidener Academy 59
Public
1-5
Theodore Potter School 74
Public
KG-5
Edison School of the Arts 47
Public
KG-8
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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