Indianapolis IN Multi Family for Sale
- 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
Seller Financing Available: Proposed Terms: Loan Amount $203,745, Monthly Payment $1,221.55, Interest Rate 6%, 5 year term. EMD $1,500 non refundable submitted first day of acceptance of a purchase sales agreement. Property foundation inspection report on file. Price is reflective to discount original asking price to account for the foundation repairs. Discover Indy Old Southside Location Proposed use for Airbnb less than 1 mile from Lucas Oil Stadium. 1/2 Mile from Eli Lilly Corporate Offices. 2 miles from White River Gardens Concert Venue. 1 mile from Indiana Convention Center. 2.5 miles from IU Health Hospital and Riley Children's Hospital. 3 miles from Eskenazi Hospital. 1/2 mile access to Interstate 70. 10 miles or 15 minutes from Indianapolis International Airport. Airbnb Rental Ranges: from $36 per night to $187 per night in the Winter Season. This 7 bedroom, 4 bathroom, 2 kitchen, 2 Laundry single family home is currently classified under class 419 Other Com Housing in Public Records. There are 3BR, 2 full BA downstairs; 4BR, 2 full BA upstairs. No current leases in place. The property comes equipped 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. Property currently occupied with a caretaker that cleans and maintains the site (no lease in place).
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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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.