Carmel IN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1911
Baths:
MLS#:
22016182
Subdivision:
Pivot City

ADDITIONAL INFORMATION

Discover an exceptional investment opportunity just a short bike ride from the coveted Monon Trail in one of the most sought-after areas of Carmel, Indiana. This fully renovated duplex offers a rare combination of modern upgrades, prime location, and strong rental income potential. Siding, gutters, roof, windows, and driveways. All-new plumbing and electrical systems, new floors, doors, trim, and lighting throughout, stunning kitchens with new cabinets, countertops, and modern appliances, luxurious bathrooms with fresh finishes, washer/dryer in each unit for tenant convenience. Each unit features 3 bedrooms and a thoughtfully designed floor plan. Privacy fence installed on the right side for added seclusion. Both units are tenant-occupied with rents paid up-to-date and room for annual increases. Inspection report and video walkthrough available for verified buyers. Showings available after accepted offer. Carmel is nationally recognized for its excellent schools, vibrant arts and culture scene, and thriving local economy. Known as one of the "Best Places to Live in America," the city boasts award-winning parks, the Monon Trail, and the bustling Carmel Arts & Design District. With its strong property values and steady demand for rental properties, Carmel offers investors a unique opportunity to secure a long-term asset in a flourishing community. 10634 is rented at $1455/month and 10636 is rented at $1860/month. 10636 is rented at the market rent. The potential rental income for both sides is $3720/month or $44,640/annually. Please do not disrupt the tenant. At the request of the seller, showings are only allowed upon acceptance of a purchase contract. Inspection report, video walkthrough will be available to verified buyers. Submit your best offer before the deadline: 5 PM on 1/24/25. The seller reserves the right to accept any offer prior to this deadline if deemed compelling. The listing agent is not authorized to disclose details of other offers.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. 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 or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.




Carmel Real Estate

The median home value in Carmel, IN is $500,000. This is higher than the county median home value of $387,100. The national median home value is $338,100. The average price of homes sold in Carmel, IN is $500,000. Approximately 70.88% of Carmel homes are owned, compared to 23.29% rented, while 5.83% are vacant. Carmel real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Carmel real estate agent to arrange a tour today!

Carmel, Indiana has a population of 98,137. Carmel is less family-centric than the surrounding county with 42.1% of the households containing married families with children. The county average for households married with children is 42.69%.

The median household income in Carmel, Indiana is $119,772. The median household income for the surrounding county is $104,858 compared to the national median of $69,021. The median age of people living in Carmel is 40.3 years.

Carmel Weather

The average high temperature in July is 84.3 degrees, with an average low temperature in January of 18.9 degrees. The average rainfall is approximately 42.2 inches per year, with 22.9 inches of snow per year.

Carmel Real Estate Market Conditions

  • Median sales price

    $500,000
    18.3% change since last quarter
  • # Active listings

    123
    30-day change

Carmel Schools and Demographics

Education near Carmel, IN

Metric City County
High School Graduates 98.35 97.24
College Degree - 2 year 5.16 7.21
College Degree - 4 year 73.49 60.53
Graduate Degree 20.89 16.23
Expenditures per Student 14,006 14,006
Students per Teacher 17.3 17.3

Elementary Schools near Carmel, IN

School Grades Students P/T Ratio ZIP
Allisonville Elementary School 01 - 05 772 23.4 46240
Carmel Elementary School KG - 05 515 19.8 46032
Cherry Tree Elementary School PK - 05 744 21.9 46033
College Wood Elementary School PK - 05 823 22.9 46032
Forest Dale Elementary School PK - 05 663 20.7 46033
Greenbriar Elementary School KG - 05 815 23.3 46260
Hilltop School PK - PK 124 31 46240
Mohawk Trails Elementary School KG - 05 547 20.3 46033
Nora Elementary School KG - 05 705 20.1 46240
Orchard Park Elementary School PK - 05 674 20.4 46280
Prairie Trace Elementary School KG - 05 634 21.1 46033
Smoky Row Elementary School PK - 05 634 21.1 46032
Spring Mill Elementary School KG - 05 715 23.1 46260
Towne Meadow Elementary School PK - 05 697 21.1 46032
West Clay Elementary School KG - 05 712 22.3 46032
Woodbrook Elementary School KG - 05 524 18.7 46033

Middle Schools near Carmel, IN

School Grades Students P/T Ratio ZIP
Carmel Middle School 06 - 08 1,162 18.6 46032
Clay Middle School 06 - 08 1,233 19.8 46033
Creekside Middle School 06 - 08 1,579 20.4 46032
Northview Middle School 06 - 08 819 16.3 46240
Westlane Middle School 06 - 08 906 17.3 46260

High Schools near Carmel, IN

School Grades Students P/T Ratio ZIP
Carmel High School 09 - 12 4,830 19.2 46032
North Central High School 09 - 12 3,518 19.3 46240
Options Charter School - Carmel 09 - 12 186 22.9 46032

Ungraded Schools near Carmel, IN

School Grades Students P/T Ratio ZIP
IN Math & Science Academy North KG - 12 760 15.6 46240
Indiana School for the Blind PK - 12 146 4.9 46240
J Everett Light Career Center PK - 12 0 46240

Demographics near Carmel, IN

Metric City County
Neighborhood Type Suburban
Population 98,137 341,616
Population Density 2,068 866
Median Age 40.3 37.6
People per Household 2.6 2.7
Median Household Income 119,772 104,858
Average Income per Capita 64,078 52,437