Indianapolis IN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1997
Baths:
MLS#:
22001140
Subdivision:
A C Shortridges Sub

ADDITIONAL INFORMATION

House Hackers - Take note! This versatile home offers the perfect opportunity for first-time investors or co-housing! Use it as an investment and cut your monthly expenses in half OR MORE! This fully furnished home features 6 bedrooms, 2 living areas, 2 kitchens, and 2 dining/flex spaces, plus a total of four baths, which can be opened up for communal living or completely divided and closed off with a fire-rated steel door concealed by a sliding barn door! Share this home and purchase with friend(s) or family, OR if you're looking for extra income, keep it set up as a fully furnished rental! Utilities are metered separately. Large living areas feature electric fireplaces, and an adjacent dining area can also be used as an office or playroom. The updated kitchens boast stainless appliances, engineered stone countertops, and white cabinets with pantries. Front porches offer space for outdoor entertaining as does the large backyard. Off-street paved parking is available in the rear. In this challenging economy, consider this a way to make your life easier! Only one block from the Monon Trail and just minutes from IUPUI, Lucas Oil, Mass Ave/Bottleworks, hospitals (perfect for travel nurse guests), the convention center, and all the best Indy has to offer. Secure primary residence financing on your future profitable double furnished rental! Homes on this street have sold for $1M+!!!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1890
Baths:
MLS#:
21993146
Subdivision:
Gibsons Sub Johnson Heirs

ADDITIONAL INFORMATION

The most affordable way to buy an investment - purchase this duplex and let the tenant in 1926B pay the bulk of the mortgage...possibly live in 1926A or use for short term rental income! House-hackers -- Seller will buy down your rate for a WIN-WIN! COMPLETELY Renovated down to the studs in 2021. High end homes surround this duplex and you can easily get to great amenities like the Bottleworks District, Mass Ave, downtown Indy - or even walk to West Fork Whiskey Distillery, Scarlet Lane Gastropub & the popular Monon Trail (running/walking/cycling trail). 1926B currently pays $2400 in rent. Both units have 9 ft +/- ceilings, stylish kitchens, granite tops, stainless steel appliances and updated bathrooms. Great natural light. Off street parking in rear. Potential for even more upside if used as an Air BnB or VRBO!

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1940
Baths:
MLS#:
21983535
Subdivision:
Morton Place

ADDITIONAL INFORMATION

Attention savvy investors and buyers - 4 PLEX - HERRON MORTON - Surrounded by high-end luxury single-family homes and development. All units have private laundry - private entry - 3 Car detached garage with separate bays and service doors for additional income. All units have central air - All units are all electric. Tenants pay electric - owner pays water and sewer. No gas. One block from the new "The Grounds" retail and multi-use development. 3 Units are occupied and one is vacant and move-in ready for showings. HUGE UPSIDE with this location and two buildings for generations to come.

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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

The information is being provided by Metropolitan Indianapolis Board of REALTORS®. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.




Indianapolis Real Estate

The median home value in Indianapolis, IN is $221,900. This is higher than the county median home value of $219,900. The national median home value is $338,100. The average price of homes sold in Indianapolis, IN is $221,900. Approximately 48.52% of Indianapolis homes are owned, compared to 40.53% rented, while 10.95% are vacant. Indianapolis 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 Indianapolis real estate agent to arrange a tour today!

Indianapolis, Indiana 46202 has a population of 880,104. Indianapolis 46202 is less family-centric than the surrounding county with 26.06% of the households containing married families with children. The county average for households married with children is 26.96%.

The median household income in Indianapolis, Indiana 46202 is $54,321. The median household income for the surrounding county is $54,601 compared to the national median of $69,021. The median age of people living in Indianapolis 46202 is 34.3 years.

Indianapolis Weather

The average high temperature in July is 84 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 42.4 inches per year, with 21.6 inches of snow per year.

Indianapolis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    159
    30-day change

Indianapolis Schools and Demographics

Education near Indianapolis, IN

Metric City County
High School Graduates 86.65 86.89
College Degree - 2 year 7.6 7.68
College Degree - 4 year 32.88 32.79
Graduate Degree 8.24 8.17
Expenditures per Student 14,503 14,503
Students per Teacher 17.7 17.7

Elementary Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Center for Inquiry KG - 08 386 12.4 46202
Center for Inquiry III PK - 08 354 10.7 46202
Clarence Farrington School 61 KG - 06 567 12.1 46222
Elder W Diggs School 42 PK - 06 534 16.7 46208
Ernie PYLE School 90 PK - 06 395 16.5 46222
Indpls Acad. of Excel-Chlng Fnd ACA KG - 03 72 46202
James Whitcomb Riley School 43 KG - 08 424 13.1 46208
Riverside School 44 PK - 06 421 14.5 46202
Stephen Collins Foster School 67 PK - 06 621 13.1 46222
Washington Irving School 14 PK - 06 524 16.9 46202
Wendell Phillips School 63 PK - 06 369 12.1 46222

Middle Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Crispus Attucks Med Mgnt Jr Hs 06 - 08 629 16.6 46202
George Washington Comm Jr Hs 07 - 08 578 13.9 46222
Shortridge Law & Pub Pol Mag Jr Hs 06 - 08 343 12.5 46208

High Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Crispus Attucks Medical Magnet HS 09 - 12 540 13 46202
George Washington Community HS 09 - 12 848 16.1 46222
Herron High School 09 - 12 741 16.2 46202
Indianapolis Metropolitan High School 09 - 12 261 13.1 46222
Shortridge Law & Public Policy MG HS 09 - 12 367 11.1 46208

Ungraded Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Carpe DIEM - Meridian Campus 06 - 12 225 45 46208
Fall Creek Academy 06 - 12 186 16.9 46208

Demographics near Indianapolis, IN 46202

Metric Zip Code City
Neighborhood Type Suburban
Population 880,104 969,542
Population Density 2,434 2,446
Median Age 34.3 34.4
People per Household 2.5 2.5
Median Household Income 54,321 54,601
Average Income per Capita 31,538 31,668