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Listed by Jennifer Blandford • Carpenter, REALTORS®
$ 250,000
Est. payment | /mo
7,405 Sqft Lot
$ 250,000
Est. payment | /mo
7,405 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Beatys
MLS Listing ID 22127248
Year Built 1910
Tax Year 2025
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Duplex
Property Description
Take a look at this crazy good opportunity on the near SE side of downtown Indy, in the hot hot hot Bates Hendricks Neighborhood, where renovation is everywhere & equity is growing by the day. Sold individually or as a package, two free-standing homes sit right next to each other and come with an undeveloped third lot, making this a pretty unique investment package. How could you make this corner compound the shing star of your portfolio? Would you live in one and rent the other? Rent them both long-term? Maybe build a third to make the site even more lucrative? OR would you furnish them cute & turn this corner into your own Airbnb compound? They are PERFECT short-term rentals for all the guests who come to Indy to enjoy sports, entertainment and work contracts. Both homes have been recently renovated and are absolutely turn key right now. There are plenty of ways to make this package a cash cow that you can grow by adding a third residence OR by upping your rental rates w/ unique amenities within your compound that the third lot can accommodate (think: personal playground, volleyball pit, hottub, grilling station, etc - ALL the things that guests will pay top-dollar for during their long weekend stays or employment contracts. The possibilities are endless with TWO renovated homes, an additional lot, and a great location, and NO HOA to tell you what you can do with all this. Come take a look for yourself!
Location
State IN
County Marion
Zoning residential
Interior
Fireplace N
Exterior
Exterior Feature Barn Mini
Garage Spaces 1.0
View Y/N false
Roof Type Asphalt
Building
Story One
Foundation Crawl Space
Architectural Style Bungalow, Traditional
Structure Type Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools
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