Active
262 W Ray Street
Indianapolis, IN 46225 (MLS #MBR22041977)
$549,500
Beds
9
Baths
3
Square Ft.
3,552
Description
Incredible Investment Opportunity! Nestled just half a block from the iconic Colts Stadium and the bustling heart of downtown, this extraordinary property provides endless options and opportunity. Steps away from a world of entertainment, dining, and cultural experiences, this home offers unparalleled access to the vibrant downtown scene, making it a coveted spot for those who thrive on the city's energy. Behind the home is Babe Denny Park, providing a personal retreat amid urban life. Enjoy leisurely strolls, picnics, or simply unwind in nature, all just a stone's throw from your doorstep. With nine generously sized bedrooms, this home is… Read More designed to accommodate large families, groups of friends, or even a thriving vacation rental business. This space ensures that everyone has room to relax and unwind. This property is currently thriving as a VRBO/Airbnb vacation home, creating an opportunity for savvy investors to tap into the booming short-term rental market in a prime location. Whether you envision it as a family home, a vacation rental, or a combination of both, this property adapts to your lifestyle and investment goals. This unique opportunity is seldom found in today's market! Don't miss this chance to own this rarity in one of the city's most coveted locations. Read Less
Courtesy of Encore Sotheby's International.
Days Online
9
Last Updated
Property Type
Single Family Residence
Beds
9
Full Baths
3
Square Ft.
3,552
Lot Size
0.11 Acres
Year Built
1919
MLS Number
MBR22041977
Appliances & Equipment
Description: "Dishwasher", "Dryer", "Microwave", "Electric Oven", "ENERGY STAR Qualified Water Heater"
Basement
Description: "Cellar"
Building
Area: 2810, Architecture: "Traditional", Building Area: 3552, Construction Materials: "Vinyl Siding", Levels: "Two", Year Built: 1919
Cooling
Details: "Central Air"
Exterior Features
Features: "Gas Grill", Patio Features: "Covered", "Wrap Around"
Fireplaces
Total Fireplaces: 0
Heating
Heating: "Forced Air", "Natural Gas"
Lot
Features: "Corner Lot", "Not In Subdivision", "Mature Trees", Acres: 0.11, MLS Acres: <1/4 Acre
Property
Description: "Smoke Alarm"
Utilities
Water Source: "Public"
Area snapshot
30 Days Snapshot Of 46225
$225k
(avg) sold price
-25%
4
homes sold
-71%
60
(avg) days on market
-9%
Nearby Schools
*Please check the school district website to see all schools in this area
Center For Inquiry School 2
Public
KG-8
Shortridge High School
Public
9-12
George Washington 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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