Excellent value-add investment opportunity in an area experiencing revitalization! This 3-bedroom, 1.5-bathroom single-family home sits on a corner lot and features a covered front porch along with a basement offering additional storage and flexibility. Major updates include a roof replacement in December 2021 and a furnace replacement in November 2024.… Read More Conveniently located less than one mile from I-65 and the Children's Museum, the property offers easy access to Downtown Indianapolis and surrounding amenities. The home is currently leased to a long-term tenant who has been in place since 2016, providing immediate rental income. Current rent is below market value, presenting an excellent opportunity to increase rents to market levels and create additional value. With its desirable location, recent mechanical updates, and rental upside, this property is a strong addition to any investment portfolio. Read Less
Courtesy of Rize Commercial Realty LLC.
Listing Snapshot
Days Online
3
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Partial Baths
1
Square Ft.
2,184
Lot Size
0.08 Acres
Year Built
1920
MLS Number
22114942
30 Days Snapshot Of 46208
$450k
+75%
(avg) sold price
26
-23%
homes sold
95
+2%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Description: Other
Building
Area: 1456, Architecture: Traditional, Building Area: 2184, Construction Materials: Vinyl Siding, Levels: Two, Year Built: 1920
Cooling
Details: Central Air
Heating
Heating: Natural Gas
Lot
Acres: 0.08, MLS Acres: <1/4 Acre
Utilities
Water Source: Public
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. 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 be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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