Indianapolis IN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1961
Baths:
MLS#:
22010732
Subdivision:
E C Drinkuts 1st Add

ADDITIONAL INFORMATION

All brick duplex fully occupied with good paying tenants. Cash flows currently and could probably bump rent further for better results. Lease on right side expires January 31, 2025 at $700 per month. Lease on left side is long-term tenant currently month-to-month at $650. Property has hard wood floors in many areas. Good-Sized Kitchen, Family Room and 2 Bedrooms on each side. All Electric home.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
1953
Baths:
MLS#:
22009022
Subdivision:
Justus 16th

ADDITIONAL INFORMATION

A charming multi-family residence nestled in the heart of historic Irvington, perfect for investors adding to their portfolio or a growing family. This delightful property features two cozy bedrooms and one bathroom on each side, ensuring ample space. Beautiful hardwood floors are found throughout the living room, dining room, and primary and second bedrooms. The heart of this home is its spacious kitchen, complete with a pantry and an abundance of cabinets for ample storage space. The primary bedroom features a ceiling fan, two windows, and a double-door closet for extensive storage. The full basement includes a drop ceiling and a cozy family room with three daylight windows, creating an inviting space for relaxation or entertainment. One side of this tidy duplex has been thoughtfully updated, boasting a freshly painted interior with a bright and inviting feel and new basement flooring. For those who love outdoor space, the property doesn't disappoint with its large backyard, which provides security and green space for outdoor activities or gardening. Lots of room for storage with a 2-car garage! Don't miss out on this investment opportunity!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1949
Baths:
MLS#:
22004100
Subdivision:
Windsor Village

ADDITIONAL INFORMATION

Check out this income producing duplex. One side is rented for $775/mo. The other side is vacant for owner occupied or immediate tenant placement. A couple minor cosmetic items to do, otherwise easy to rent. Large back yard and individual parking areas for each.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
1950
Baths:
MLS#:
22002026
Subdivision:
Murrays

ADDITIONAL INFORMATION

Welcome to 1288-1290 N Edmondson Ave, a rare find in the quiet and desirable area of Warren Township, Indianapolis. This impeccably maintained brick duplex offers an exceptional opportunity for both owner-occupants and investors. The property features two well-designed units: a tenant-occupied side (1288) with 2 bedrooms and 1 bathroom, and an owner-occupied side (1290) with 3 bedrooms and 1 bathroom that will be vacant and ready for a new buyer at closing. Both units have their own entrances and 1-car garages, ensuring privacy and convenience. Sitting on just over half an acre, the property also has a large yard and an asphalt driveway with additional parking for guests or extra vehicles. This move-in-ready duplex has seen numerous recent updates, including a roof with 25-year dimensional shingles, soffits, and gutters all replaced 8 years ago. Both units are heated with efficient boiler systems, with the boiler on the 1288 side replaced 8 years ago, and a new water heater on 1290 installed 6 years ago. All windows were upgraded to double-hung 8 years ago for enhanced energy efficiency, and new glass block windows were added to the basement earlier this year. The driveway has been professionally seal-coated every two years, most recently in 2023. Built solidly with brick construction, this property has been cared for with long-term durability in mind. Enjoy nearby shopping and dining at Shadeland Station, convenient commuting via I-70 and I-465, and the scenic beauty of Ellenberger Park, minutes from the historic Irvington District, and the scenic Pleasant Run Golf Course. This duplex is perfect for an owner-occupant looking to live in one unit and rent out the other to offset expenses or for investors seeking a fully rented property in a high-demand area. Move-in-ready duplexes like this are hard to find, and this property is sure to attract attention quickly. Don't miss you chance-schedule a showing today and see all that 1288-1290 N Edmondson Ave has to offer!

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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 46219 has a population of 880,104. Indianapolis 46219 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 46219 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 46219 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

    104
    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
Brook Park Elementary School 01 - 06 650 18.1 46226
Brookside School 54 KG - 06 552 12.3 46201
Brookview Elementary School KG - 04 578 20.6 46229
George S Buck Elementary School KG - 06 419 14.2 46219
George W Julian School 57 KG - 06 277 12.6 46219
Harrison Hill Elementary School 01 - 06 698 19.9 46226
Hawthorne Elementary School KG - 04 450 19.6 46219
James Russell Lowell School 51 PK - 06 589 16.8 46218
Lakeside Elementary School KG - 04 596 22.1 46229
Paramount School of Excellence KG - 08 616 20.5 46201
Pleasant Run Elementary School KG - 04 535 19.8 46219
Thomas D Gregg School 15 PK - 06 640 14.6 46201

Middle Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Belzer Middle School 07 - 08 1,159 19 46226
H L Harshman Middle School 07 - 08 587 83.9 46201
KIPP INDY College Prep. Middle 05 - 08 347 13.3 46218
Monument Lighthouse Charter School KG - 11 607 17 46226
StonyBrook Intermediate Academy 05 - 06 561 20 46229
StonyBrook Middle School 07 - 08 627 17.1 46229

High Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Arlington Community High School 07 - 12 317 13.8 46226
Arsenal Technical High School 09 - 12 1,831 14 46201
Lawrence Central High School 09 - 12 2,331 20.3 46226
Thomas Carr Howe Comm High School 07 - 12 633 14.6 46201
Warren Central High School 09 - 12 3,602 24.5 46229

Ungraded Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Hoosier Academy - Indianapolis KG - 12 278 34.3 46226
Hoosier Academy Virtual Charter School KG - 12 3,342 111.6 46219
Irvington Community School KG - 12 1,022 40.9 46219
Walker Career Center PK - 12 0 46229

Demographics near Indianapolis, IN 46219

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