642 E 54th Street

Indianapolis, IN 46220 (MLS #22105879)
$475,000

Description

Why rent when you can own a duplex in one of Indianapolis' most desirable neighborhoods and have your tenant help pay the mortgage? With just 5% down, and assuming market rents of approximately $1,800/month on the rental side, your estimated out-of-pocket housing cost could be around $1,625 per month (verify with lender)-all while owning a property, building equity, and benefiting from future appreciation. Located just off College Avenue and 54th Street in the heart of Midtown Indianapolis, this classic duplex presents a rare opportunity for house hackers, investors, and owner-occupants alike. The property combinesRead MoreRead Less
Courtesy of eXp Realty LLC.
Days Online
36
Last Updated
Property Type
Duplex
Lot Size
0.1 Acres
Year Built
1920
MLS Number
22105879
Basement
Description: "Unfinished"
Building
Year Built: 1920
Cooling
Details: "Central Air"
Heating
Heating: "Forced Air"
Lot
Acres: 0.1, MLS Acres: <1/4 Acre
Roof
Description: "Shingle"

Area snapshot

30 Days Snapshot Of 46220
$395k
(avg) sold price
-11%
67
homes sold
-23%
61
(avg) days on market
+17%
Nearby Schools
*Please check the school district website to see all schools in this area
Arsenal Technical High School
Public
9-12
Merle Sidener Academy 59
Public
1-5
Shortridge 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.

Alex Montagano
CEO/LockStep Realty Owner
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