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Listed by Michelle Chandler • Keller Williams Indy Metro Partners
$ 410,000
Est. payment | /mo
3,920 Sqft Lot
$ 410,000
Est. payment | /mo
3,920 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Wm Y Wileys
MLS Listing ID 22111013
Year Built 1910
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Duplex
Property Description
Unlock the potential of downtown Indianapolis with this exceptional duplex investment opportunity in the historic Ransom Place neighborhood! Whether you're looking to expand your investment portfolio or explore the benefits of owner-occupancy with rental income, this versatile property offers endless possibilities. Each side of this charming duplex features 2 spacious bedrooms, 1.5 bathrooms, comfortable living spaces, and its own inviting front entrance. A welcoming covered front porch adds timeless curb appeal, while the partially fenced backyard provides additional outdoor space to enjoy. Although there is no garage, you'll appreciate the convenience of four off-street parking spaces accessible from the alley, along with additional street parking in front of the home. Location is everything, and this property delivers. Situated just minutes from downtown Indianapolis, you'll enjoy easy access to IU Indianapolis, Purdue University Indianapolis, the new downtown hospital campus, restaurants, entertainment, sports venues, and major employers. The central location makes commuting and enjoying all that downtown has to offer incredibly convenient. Looking for even greater investment potential? The seller is also offering the duplex located directly behind this property as part of a package sale. The second duplex features two 3-bedroom, 2.5-bath units, creating a rare opportunity to acquire two neighboring income-producing properties in one of downtown Indianapolis' most historic and desirable neighborhoods. Whether you're searching for a turnkey investment, a property with long-term appreciation potential, or the opportunity to live in one unit while generating rental income from the other, this is an opportunity you won't want to miss!
Location
State IN
County Marion
Interior
Fireplace N
Exterior
View Y/N false
Roof Type Shingle
Building
Story One and One Half
Architectural Style Traditional
Structure Type Wood Siding
New Construction false
Schools
Elementary Schools George Washington Carver School 87
High Schools George Washington High School
School District Indianapolis Public Schools
Others
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