Indianapolis IN Multi Family for Sale

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Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
1929
Baths:
MLS#:
21989728
Subdivision:
No Subdivision

ADDITIONAL INFORMATION

Great addition to your investment portfolio with this cash cow! Unique setting off of Bluff road situated on just over and acre. Two ranch homes with basements and a total of 4 producing units. One large house near the front of the lot includes 3 units. Updated laminate hardwood flooring, cabinets, kitchens and baths! New water lines throughout and updated electrical. 2nd home is on the rear of the property and features an easily accessible basement and wrap around wood deck. This 1 BR/1BA has the same updates throughout. Spacious gravel drive and parking for all of the tenants. Property is in a great rental area.

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
3 Acres
Year built:
1930
Baths:
MLS#:
21964247
Subdivision:
No Subdivision

ADDITIONAL INFORMATION

This income-producing gem brings in $3,900 monthly in rent! Unit A has been refreshed with updated plumbing, electrical, and lighting, while Units B and D have been fully modernized. A common laundry area adds convenience, and the attached garage offers the possibility of converting into a 6th unit. The lease for Unit B ended in July, with other units leased through January 2025. Plus, the property features an updated furnace and water heater, ensuring everything runs smoothly.

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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 $135,200. This is lower than the county median home value of $140,700. The national median home value is $219,700. The average price of homes sold in Indianapolis, IN is $135,200. Approximately 46.36% of Indianapolis homes are owned, compared to 40.52% rented, while 13.13% 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 46217 has a population of 853,431. Indianapolis 46217 is less family-centric than the surrounding county with 26.35% of the households containing married families with children. The county average for households married with children is 26.59%.

The median household income in Indianapolis, Indiana 46217 is $44,709. The median household income for the surrounding county is $44,869 compared to the national median of $57,652. The median age of people living in Indianapolis 46217 is 34.1 years.

Indianapolis Weather

The average high temperature in July is 84 degrees, with an average low temperature in January of 19.9 degrees. The average rainfall is approximately 42.7 inches per year, with 21.9 inches of snow per year.

Indianapolis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    92
    30-day change

Indianapolis Schools and Demographics

Education near Indianapolis, IN

Metric City County
High School Graduates 85.52 85.64
College Degree - 2 year 7.12 7.17
College Degree - 4 year 29.72 29.72
Graduate Degree 7.31 7.36
Expenditures per Student 16,576 12,459
Students per Teacher 12.3 18.1

Elementary Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Abraham Lincoln Elementary School KG - 05 858 20.9 46217
Clinton Young Elementary School PK - 05 738 21.1 46227
Douglas Macarthur Elementary School KG - 05 650 21 46227
Glenns Valley Elementary School PK - 05 729 22.3 46217
Jeremiah Gray-Edison Elementary School PK - 05 607 19.6 46227
Mary Bryan Elementary School PK - 05 785 23.1 46237
Rosa Parks-Edison Elementary School PK - 05 664 19.5 46217
William Pennsylvania School 49 KG - 06 707 16.8 46221
Winchester Village Elementary School PK - 05 609 21.4 46227

Middle Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Decatur Middle School 07 - 08 952 18.3 46221
Key Learning Community Jr High School 06 - 08 143 6.8 46221
Perry Meridian 6th Grade Academy 06 - 06 569 15.6 46217
Perry Meridian Middle School 07 - 08 1,194 19.7 46217
Southport 6th Grade Academy 06 - 06 545 14 46227
Southport Middle School 07 - 08 1,034 16.2 46227

High Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Decatur Central High School 09 - 12 1,690 19.5 46221
Decatur Township School for Excellence 08 - 12 269 25.6 46221
Key Learning Community High School 09 - 12 56 4.7 46221
Perry Meridian High School 09 - 12 2,256 20.5 46217
Southport High School 09 - 12 2,102 21.1 46227

Ungraded Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Rise Learning Center KG - 12 113 7.1 46227
University Heights Preparatory ACD 06 - 12 179 11.2 46227

Demographics near Indianapolis, IN 46217

Metric Zip Code City
Neighborhood Type Suburban
Population 853,431 939,964
Population Density 2,360 2,371
Median Age 34.1 34.3
People per Household 2.5 2.5
Median Household Income 44,709 44,869
Average Income per Capita 26,232 26,284