Indianapolis, IN 46225,2749 S Illinois ST
Indianapolis, IN 46225,2749 S Illinois ST
Indianapolis, IN 46225,2749 S Illinois ST
Indianapolis, IN 46225,2749 S Illinois ST
Indianapolis, IN 46225,2749 S Illinois ST
Indianapolis, IN 46225,2749 S Illinois ST
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Listed by Craig Deboor • Real Broker, LLC
$ 275,000
Est. payment | /mo

0.26 Acres Lot


Save
$ 275,000
Est. payment | /mo
Save

0.26 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 22028244

Year Built 1962

Tax Year 2023

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Duplex

Property Description

Situated in the thriving Garfield Park area, this freshly painted 2025 duplex is a prime house-hacking or investment opportunity! Each unit offers 2 bedrooms, 1 bathroom, and 900 sq ft of updated living space, making it ideal for homeowners looking to offset their mortgage or investors seeking a strong rental property. The second unit (98 Gimber St) features a 1.5-car garage with a workshop, providing valuable storage space or an ideal setup for hobbyists. Both units received extensive renovations in 2020, including new flooring, showers, cabinets, appliances, and fresh paint, ensuring a modern, move-in-ready feel. Additionally, the crawl space was professionally cleaned, reinforced, and fully waterproofed in 2020 to enhance the property's longevity and structural integrity. One unit is currently leased on a month-to-month basis, while the other has a 90-day lease, with a tenant eager to stay, offering immediate rental income potential or flexibility for an owner-occupant. This duplex sits minutes from downtown Indianapolis, placing residents near top dining, entertainment, and shopping destinations. The sought-after Garfield Park area offers tree-lined streets, historic charm, and easy access to walking trails, a conservatory, an arts center, and year-round events. The Southside's vibrant community scene features unique coffee shops, breweries, and markets, while I-65 access makes commuting a breeze. Whether you're looking to live in one unit while renting out the other to cover costs, expand your real estate portfolio, or secure a well-maintained rental property in a high-demand area, this duplex delivers on value, location, and long-term potential. Don't miss this rare opportunity-schedule your showing today!

Location

State IN

County Marion

Interior

Fireplace N

Exterior

Garage Spaces 1.0

Building

Story One

Architectural Style Ranch

Structure Type Brick

New Construction false

Schools

School District Indianapolis Public Schools

MIBOR MLS
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