$165,000
$169,900
2.9%For more information regarding the value of a property, please contact us for a free consultation.
6,098 Sqft Lot
SOLD DATE : 10/16/2024
Key Details
Sold Price $165,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Johnsons East 10Th St
MLS Listing ID 21994371
Sold Date 10/16/24
Year Built 1925
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Welcome to 4220 East 11th Street, a charming bungalow-style duplex located in the popular Little Flower area of Indianapolis. This fully occupied property offers a prime investment opportunity with section 8 tenants in place. Each unit features a thoughtfully designed layout with 1 bedroom and 1.5 bath per side, providing comfortable living spaces for tenants. The total lot size provides ample outdoor space for residents to enjoy. One side is currently rented for $900/month, while the other side commands $1180/month, ensuring a steady income stream. Recent updates include a full kitchen renovation of each unit, new flooring and trim on both sides, new HVAC (4220 Unit), new gutters, full bathroom remodel on both sides, deck repairs, new lighting and paint on both sides. This duplex is ideally situated in a sought-after neighborhood, offering convenience and a strong rental market. Don't miss the chance to own this income-generating property in a thriving community!
Location
State IN
County Marion
Interior
Cooling Central Electric
Fireplace N
Exterior
Parking Type Alley Access
Building
Story One
Architectural Style Bungalow
Structure Type Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools
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