This classic Indianapolis duplex offers strong upside with solid bones, original character, and plenty of potential for additional value-add improvements. Featuring 9-foot ceilings, original hardwood floors, and a true wood-burning fireplace, the property still retains much of its historic charm. Seller has completed substantial updates over the years, including flooring… Read More and various interior improvements, while maintaining long-term stable tenants with intentionally below-market rents. One tenant has occupied the property for years. The basement is solid for the age with straight foundation walls, dry storage space, and no major visible signs of water intrusion. Mechanicals include a 2008 furnace in 3251 that has been well maintained. Unit 3251 mainly needs minor cosmetic improvements including paint, finishing work, and a thorough deep cleaning. Overall, this property presents an excellent opportunity for investors or owner-occupants looking to build equity in a historic Indianapolis property with strong long-term potential. Read Less
Courtesy of Trueblood Real Estate.
Listing Snapshot
Days Online
17
Last Updated
Property Type
Duplex
Lot Size
0.14 Acres
Year Built
1914
MLS Number
22104454
30 Days Snapshot Of 46205
$443k
-2%
(avg) sold price
37
+5%
homes sold
74
-19%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Architecture: "Traditional", Construction Materials: "Brick", Levels: "Two", Year Built: 1914
Fence
Description: "Fence Complete"
Garage
Garage Spaces: 0
Laundry
Description: "None"
Lot
Acres: 0.14, MLS Acres: <1/4 Acre
Roof
Description: "Shingle"
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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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