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Listed by Travis Carpenter • Indiana Ford Realty LLC
$ 189,900
Est. payment | /mo
4,356 Sqft Lot
$ 189,900
Est. payment | /mo
4,356 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Downeys Southeast
MLS Listing ID 22112276
Year Built 1937
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Duplex
Property Description
Rare opportunity to own a quality-built, all-brick duplex just minutes from downtown Indianapolis! This property showcases the kind of craftsmanship that's hard to find today-no sloping or soft floors, no bowing walls, just a rock-solid building built to last. Each unit features its own covered concrete patio and private side entrance. The property also includes a rare all-brick 3-car detached garage, with the occupied unit using the 1-car bay and the vacant unit enjoying the 2-car garage. It's incredibly uncommon to find a 2-bedroom rental this close to downtown with a 2-car garage. Additional gravel parking along the side and rear alley provides plenty of off-street parking for tenants and guests. One unit was fully renovated in 2021 and is in excellent condition. It also features a basement bedroom and half-bath suite completed in 2020, creating a functional 3-bedroom layout. The second unit currently has 2 bedrooms after the original family room was converted into a bedroom, while the full unfinished basement offers an excellent opportunity to add a basement bedroom and bath similar to the renovated unit. A future owner could create two 3-bedroom units or maximize income with a room-by-room rental strategy. Excellent location just a 4-minute drive to Fountain Square, only 3 miles from the heart of downtown Indianapolis, and within walking distance of Garfield Park. Whether you're looking to house hack, expand your portfolio, or add value through future improvements, this solid brick duplex is a rare investment opportunity.
Location
State IN
County Marion
Rooms
Basement Partially Finished
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Garage Spaces 3.0
Roof Type Asphalt
Building
Story One
Foundation Block
Architectural Style Traditional
Structure Type Brick
New Construction false
Schools
School District Indianapolis Public Schools
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