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Listed by Dustin Branum • AMR Real Estate LLC
$ 465,000
Est. payment | /mo
4,791 Sqft Lot
$ 465,000
Est. payment | /mo
4,791 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 21981810
Year Built 1917
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Duplex
Property Description
The marvelously updated Bates-Hendricks duplex is an investor's dream! Each side has 3 bedrooms and 2.5 bathrooms, allowing you to maximize rents and get a great return on your investment! As it stands, this property is bringing in over $3000/month. However, rent estimation websites indicate the average rent for a home this size in the area is $1900 (per-side), so there may be an instant opportunity to improve ROI! This property has been gutted to the studs and will have your tenants proud to call it home! This property is being sold with a larger portfolio with the blc numbers: 21981814, 21981810, 21981802, 21981820, 21981817, 21981809, 21981807, 21981816, 21981806, 21981800, 21981811, 21981796, 21981813, 21981818, 21984186, 21981803. The portfolio is valued at over 3.5 million. The seller is willing to accept an offer of $3,000,000 for the entire portfolio!
Location
State IN
County Marion
Interior
Cooling Central Electric
Fireplace N
Exterior
Garage Spaces 2.0
Building
Story Two
Architectural Style TraditonalAmerican
New Construction false
Schools
School District Indianapolis Public Schools
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