Active
1521 E Legrande Avenue
Indianapolis, IN 46203 (MLS #MBR22036842)
$110,000
Beds
2
Baths
1
Square Ft.
1,536
Description
Expand your portfolio with this promising 2-bedroom, 1-bathroom single-family home located near the vibrant neighborhoods of Garfield Park, Bates-Hendricks, and Fountain Square. With a wave of investment and revitalization happening in the area, this property is primed for growth and opportunity. Currently occupied by a tenant on a month-to-month lease, the property generates $1,200/month in rental income, and estimated market rent is $1,320. The home has been updated with a newer roof, fresh paint, modern light fixtures, contemporary appliances, and a renovated kitchen and bathroom, making it an appealing option for tenants and minimizing upkeep for owners. Positioned on the… Read More near southeast side, this home offers convenient access to a variety of amenities, including schools, parks, and shopping centers. It's strategically located near major thoroughfares such as S Keystone St, Raymond St, and Madison Ave, along with highways I-70 and I-65, facilitating easy commutes to significant employment centers like 16 Tech, IU Health Methodist Hospital, Eli Lilly, and downtown Indianapolis. This property is part of a comprehensive 16-property investment portfolio, which includes 11 duplexes, 3 single-family homes, and 2 vacant lots, and is not available for individual purchase. This portfolio presents a rare opportunity to secure a diverse range of properties in a dynamic and growing area. Don't miss this chance to be part of the dynamic growth in these popular Indy neighborhoods and enhance your investment portfolio! Read Less
Courtesy of Compass Indiana, LLC.
Days Online
2
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
1,536
Lot Size
0.16 Acres
Year Built
1926
MLS Number
MBR22036842
Appliances & Equipment
Description: "Electric Oven", "Refrigerator"
Basement
Description: "Unfinished"
Building
Area: 768, Architecture: "Bungalow", Building Area: 1536, Construction Materials: "Wood Siding", Levels: "One", Year Built: 1926
Cooling
Details: "Central Air"
Exterior Features
Patio Features: "Covered"
Fireplaces
Total Fireplaces: 0
Heating
Heating: "Forced Air", "Natural Gas"
Kitchen
Other Features: Kitchen Some Updates
Lot
Acres: 0.16, MLS Acres: <1/4 Acre
Utilities
Water Source: "Public", Utilities: "Cable Available", "Natural Gas Connected", "Water Connected"
Area snapshot
30 Days Snapshot Of 46203
$244k
(avg) sold price
+5%
48
homes sold
-5%
89
(avg) days on market
+41%
Nearby Schools
*Please check the school district website to see all schools in this area
Center For Inquiry School 2
Public
KG-8
SUPER School at Frederick Douglass School 19
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.
Listing Information © Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Information Deemed Reliable But Not Guaranteed.
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