Indianapolis IN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1917
Baths:
MLS#:
21981810
Subdivision:
No Subdivision

ADDITIONAL INFORMATION

The marvelously updated Bates-Hendricks duplex is an investor's dream! Each side has 3 bedrooms and 2.5 bathrooms, allowing you to maximize rents and get a great return on your investment! As it stands, this property is bringing in over $3000/month. However, rent estimation websites indicate the average rent for a home this size in the area is $1900 (per-side), so there may be an instant opportunity to improve ROI! This property has been gutted to the studs and will have your tenants proud to call it home! This property is being sold with a larger portfolio with the blc numbers: 21981814, 21981810, 21981802, 21981820, 21981817, 21981809, 21981807, 21981816, 21981806, 21981800, 21981811, 21981796, 21981813, 21981818, 21984186, 21981803. The portfolio is valued at over 3.5 million. The seller is willing to accept an offer of $3,000,000 for the entire portfolio!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1940
Baths:
MLS#:
21985855
Subdivision:
Mccartys South Add

ADDITIONAL INFORMATION

7 bedroom, 4 bathroom, 2 kitchen, 2 Laundry sfr house OR duplex conversion OR an owner-occupied duplex! There are 3BR, 2 full BA downstairs; 4BR, 2 full BA upstairs. No current leases in place. The property comes with Central Air (new 2020), 2 water heaters (new 2020), heat pump (new 2020), newly insulated exterior walls. Painted with new flooring (2022). All furniture stays with the property. Property being sold as-is, furniture included (HIT Man solution foundation repair work estimate on file$33,500 Estimate) - Available upon request. Property currently occupied with a caretaker that cleans and maintains the site (no lease in place). 5M Inspection already available for sale from previous purchaser. Zillow says 7 bathrooms on the main floor - this is not accurate. Reference the remarks here and unit breakdown for correct numbers.

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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 46225 has a population of 880,104. Indianapolis 46225 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 46225 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 46225 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

    68
    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
Eleanor Skillen School 34 PK - 06 471 17 46203
Frederick Douglass School 19 PK - 08 422 13 46203
James A Garfield School 31 KG - 08 612 14.6 46225
Paul I Miller School 114 PK - 06 519 14.8 46203
Se Neighborhood School of Excellence KG - 08 483 19.3 46203
Washington Irving School 14 PK - 06 524 16.9 46202
William McKinley School 39 PK - 06 560 17 46203

Middle Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Crispus Attucks Med Mgnt Jr Hs 06 - 08 629 16.6 46202
Emma Donnan Middle School 07 - 08 335 11.3 46203

High Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Christel House DORS South 09 - 12 190 36 46225
Crispus Attucks Medical Magnet HS 09 - 12 540 13 46202
Emmerich Manual High School 09 - 12 612 14.9 46225
Herron High School 09 - 12 741 16.2 46202

Ungraded Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Christel House Academy South KG - 12 635 20 46225
Indpls Lighthouse Charter School KG - 12 1,062 15.2 46203

Demographics near Indianapolis, IN 46225

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