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Listed by Lauren Hewitt • F.C. Tucker Company
$179,900
Est. payment /mo
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Emerson Heights
MLS Listing ID 22109986
Year Built 1925
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Duplex
Property Description
Fantastic investment opportunity in Emerson Heights! 1925-built duplex with vintage charm (Hardwood floors! Built-in-bookcases!) and offering two 3-bed, 1-bath units + sunroom on .14 acres, with 2 parking pads and a storage shed. Both sides have long-term renters in place, which are currently on month-to-month leases, renting well below market for $600 and $650. Seller has made some improvements (see attached list); with additional updates, could see immediate upside and nearly double this rental income. Easy to maintain vinyl siding with brick (wood details!). Conveniently located near shopping, grocery stores, restaurants, and Ellenberger Park. Property is sold as-is.
Location
State IN
County Marion
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Equipment Dehumidifier
Fireplace N
Exterior
Exterior Feature Gutter Guards, Storage Shed
View Y/N false
Roof Type Asphalt,Shingle
Building
Story Two
Foundation Block, Crawl Space
Structure Type Brick,Vinyl Siding,Wood Siding
New Construction false
Schools
School District Indianapolis Public Schools
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