Indianapolis IN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1971
Baths:
MLS#:
22016614
Subdivision:
Mcclains Golden

ADDITIONAL INFORMATION

Duplexes are fantastic investment properties that offer the best of both worlds in terms of space and convenience. With 2 bedrooms and 1 bath on each side, they provide ample room for residents to live comfortably. The 822 square feet on each side offer a cozy yet spacious living area that is perfect for both privacy and socializing. The applicances stay in 1212.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1956
Baths:
MLS#:
21999093
Subdivision:
Elmore Bros Garden

ADDITIONAL INFORMATION

Back on the market and waiting for you due to buyer financing.This beautifully maintained duplex is in immaculate condition. Ready to be owner occupied. Area market shows a potential monthly rent range of $1295 per unit. This turn-key ready duplex boasts two identical units, each offering 870 square feet of well-appointed living space, featuring 2 bedrooms and 1 bathroom per unit. Each unit is thoughtfully designed with its own private driveway and carport, along with a convenient storage shed and washer/dryer hookup. Recent renovations in 2023 have elevated this property to modern standards, ensuring comfort and style for tenants and owners alike. Upgrades include: SS appliances, additional insulation between units for improved soundproofing. Brand new luxury vinyl plank (LVP) flooring throughout. Completely remodeled with contemporary finishes. All new interior and exterior paint for a crisp, updated appearance. New PEX plumbing supply lines, PVC drain pipes and recent replacements of electrical panels and water heaters (within the last 5 years) New ceiling fans, new back entry door on the Bartlett unit (2023), new front entry door on the Pacific unit (2022). A vapor barrier has been installed to enhance the property's longevity. The oversized lot offers ample space for future expansion. Consider adding a garage or accessory building, or explore the potential to split the parcel and develop a separate single-family residence (SFR). The duplex is equipped with separately metered electric and gas utilities, while water and sewer services are currently covered by the owner. Whether you're looking to generate consistent rental income or seeking a home thatoffers additional income potential, this duplex has it all. The Pacific unit is currently leased at $1035/month through March 2025, while the Bartlett unit is vacant and move in ready-perfect for a new tenant or an owner-occupant. Please do not disturb tenants.

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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

Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. © 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 46227 has a population of 880,104. Indianapolis 46227 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 46227 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 46227 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

    84
    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
Abraham Lincoln Elementary School KG - 05 858 20.9 46217
Arlington Elementary School KG - 05 597 19.9 46237
Bunker Hill Elementary School KG - 05 576 19.9 46237
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
Homecroft Elementary School KG - 05 506 19.1 46227
Jeremiah Gray-Edison Elementary School PK - 05 607 19.6 46227
Mary Bryan Elementary School PK - 05 785 23.1 46237
Paul I Miller School 114 PK - 06 519 14.8 46203
Raymond F Brandes School 65 PK - 06 263 12.5 46227
Rosa Parks-Edison Elementary School PK - 05 664 19.5 46217
Southport Elementary School KG - 05 537 19.9 46227
William Henry Burkhart Elementary School KG - 05 572 19.7 46227
William McKinley School 39 PK - 06 560 17 46203
Winchester Village Elementary School PK - 05 609 21.4 46227

Middle Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Beech Grove Middle School 07 - 08 481 20 46107
Emma Donnan Middle School 07 - 08 335 11.3 46203
Perry Meridian 6th Grade Academy 06 - 06 569 15.6 46217
Perry Meridian Middle School 07 - 08 1,194 19.7 46217
South Grove Intermediate School 04 - 06 650 20.3 46107
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
Beech Grove Senior High School 09 - 12 890 16.8 46107
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
Indpls Lighthouse Charter School KG - 12 1,062 15.2 46203
Rise Learning Center KG - 12 113 7.1 46227
University Heights Preparatory ACD 06 - 12 179 11.2 46227

Demographics near Indianapolis, IN 46227

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