Indianapolis IN Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1922
- Baths:
- MLS#:
- 22010617
- Subdivision:
- Meridian Kessler
ADDITIONAL INFORMATION
Terra Real Estate is proud to bring to market a 3-property, 6-unit duplex portfolio in the robust Meridian-Kessler neighborhood in Indianapolis. All properties have been fully renovated within the last few years. Property addresses include: 5262/5264 N College Ave: 3 Beds/1.5 Bath each side (Fully Leased)...5234/5236 N College Ave: 3 Bed/1.5 Bath each side...4837/4839 N College Ave: 2 Bed/ 1 Bath each side (Fully Leased)
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1922
- Baths:
- MLS#:
- 22010588
- Subdivision:
- Meridian Kessler
ADDITIONAL INFORMATION
Terra Real Estate is proud to bring to market a 3-property, 6-unit duplex portfolio in the robust Meridian-Kessler neighborhood in Indianapolis. All properties have been fully renovated within the last few years. Property addresses include: 5262/5264 N College Ave: 3 Beds/1.5 Bath each side (Fully Leased) 5234/5236 N College Ave: 3 Bed/1.5 Bath each side 4837/4839 N College Ave: 2 Bed/ 1 Bath each side (Fully Leased)
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1939
- Baths:
- MLS#:
- 21995989
- Subdivision:
- Warfleigh
ADDITIONAL INFORMATION
Great opportunity to acquire a duplex in Broad Ripple, a top desired location for young professionals moving to Indy. Both units have been completely renovated, with beautiful quarts counter tops, new shaker cabinets, new high end appliances and each their own gas FIREPLACE. Bathrooms are brand new, new electrical wiring, new plumbing, and new flooring. One unit has Closet Concepts done in both bedrooms. Each unit is 2 bdrm, 2 ba, with kitchen/family room and basement with their OWN w/washer & Dryer. There is a 2 car garage, that is rented to one of the tenants for $300 monthly. Current rental for the 2 units is $4350 mo (because it is rented to family friends), but easily verify market rent of $2500 or more per UNIT/mo. The units have a strong rental history and low vacancy rates. Both units are rented until April 30, 2025. Proximity to the IndyGo Red Line strengthens the desire for renters. Home was considered in a flood zone when seller bought, but now believe the flood zone has been lifted. The last two owners chose not to have flood insurance. It is up to buyer to confirm if insurance is needed. This home is being sold as one unit (although two separate units). Because units are rented, 48 hrs notice is required for showing. Don't miss this rare opportunity!
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1948
- Baths:
- MLS#:
- 21995560
- Subdivision:
- Jackson Dawsons
ADDITIONAL INFORMATION
FOURPLEX - 803-805 E. 64th St. and 800-802 Main St. Located on the southeast corner of East 64th and Carrollton Ave. in the heart of Broad Ripple this investment property has not been offered for sale in over twenty years. Opportunity to own a great investment property with great upside. Four - 2 bedrooms, 1 bath units have long term tenants with month-to-month tenancy. Rents range from $885 to $895 per month with tenants responsible for gas/electric.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1924
- Baths:
- MLS#:
- 21947440
- Subdivision:
- Mengs Park Ave
ADDITIONAL INFORMATION
Perfect location to own an investment property... in the heart of Meridian Kessler! Steps away from grocery, restaurants, and shops! Huge duplex, on large corner lot of park ave. and 53rd. Fantastic rental history. both sides leased thru May 2025. Several Updates throughout! 5 bed /2.5 baths. on one side 4 bed /2 baths on the other. Includes W/D, all appliances. Hardwood floors. Screened in front porches . Separate fenced in back yards. Rare opportunity to own a high end duplex which has been continuously rented for over 20 years.
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 46220 has a population of 880,104. Indianapolis 46220 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 46220 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 46220 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.