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427 N Gladstone Avenue

Indianapolis, IN 46201 (MLS #MBR22033106)
$150,000

Description

Great duplex investment opportunity on Indy's East side! Fully occupied. Property is ideal for an investor looking to add to their portfolio or an investor just starting out. Both sides feature 1 bed and 1 bath. 427 unit rents for $700/mo and 429 unit rents for $650/mo. 429 Unit is currently month to month. Plenty of upside potential, Section 8 rents would be $1000 a month or make it a short term at $250 a week. Also great for house hacking, owner live on one side and rent out the other. Owner pays water/sewer. Room sizes are approximate. Seller will… Read MoreRead Less
Courtesy of JMG Indiana.
Days Online
9
Last Updated
Property Type
Duplex
Lot Size
0.13 Acres
Year Built
1929
MLS Number
MBR22033106
Building
Architecture: "Bungalow", Levels: "One", Year Built: 1929
Exterior Features
Features: "Not Applicable"
Lot
Acres: 0.13, MLS Acres: <1/4 Acre
Roof
Description: "Asphalt"

Area snapshot

30 Days Snapshot Of 46201
$245k
(avg) sold price
+17%
42
homes sold
-8%
98
(avg) days on market
+20%
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

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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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