$165,000
Description
Discover a unique investment opportunity in the heart of downtown Indianapolis. This income-flowing duplex, perfectly positioned near the Children's Museum, Riverside Park, and Newfields, offers a strategic blend of cultural richness and urban convenience. Featuring a 2-bedroom unit on one side and a 3-bedroom unit on the other, both currently tenant-occupied, this property provides immediate returns on your investment. Recent updates including a new roof, water heater, and furnace, allowing you to focus on maximizing your investment. With leases extending through February 2025 for unit 837 and October 2024 for unit 839, stability is already built-in. Property includes 2 lots,… Read More lot #9 and #10. Home sits on lot #10 and lot #9 is vacant and could be utilized for a future sale or potential residential development. For those looking to expand their portfolio, consider the potential to bundle this purchase with the adjacent listing at 1062/1064 W Roache Street, offering an even more significant opportunity for growth and revenue. This duplex is a gateway to a vibrant lifestyle and a thriving investment future in one of Indianapolis's most sought-after locations. Don't let this chance slip through your fingers. Schedule your showing now to take the first step towards securing your piece of Indianapolis's vibrant heart. Read Less
Courtesy of Keller Williams Indy Metro S.
Days Online
192
Last Updated
Property Type
Duplex
Lot Size
0.17 Acres
Year Built
1910
MLS Number
MBR21967118
Building
Architecture: "TraditonalAmerican", Construction Materials: "Stone", "Vinyl Siding", Levels: "Two", Year Built: 1910
Cooling
Details: "Separate Meters"
Fence
Description: "Fence Complete", "Fence Full Rear", "Privacy", "Front Yard"
Heating
Heating: "Forced Air"
Laundry
Description: "Connections All"
Lot
Features: "Access", "Curbs", "Sidewalks", "Street Lights", "Mature Trees", Acres: 0.17, MLS Acres: <1/4 Acre
Roof
Description: "See Remarks"
Area snapshot
30 Days Snapshot Of 46208
301k
(avg) sold price
-15%
17
homes sold
-43%
23
(avg) days on market
-32%
Nearby Schools
*Please check the school district website to see all schools in this area
IPS Butler University Laboratory School 60
Public
PK-8
Northwest Middle School
Public
7-8
Ignite Achievement Academy School 42
Public
KG-6
Riverside High School
Public
9-12
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.
Listing Information © Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Information Deemed Reliable But Not Guaranteed.
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