About This Home

This 6-bedroom, 4-bathroom multi-family at 301 E Southern Avenue in Indianapolis, IN is listed for $204,900. Built in 1920, on a 0.25 acres lot.

Key Features

  • Built in 1920
  • 0.25 acre lot
  • 2 stories

Property Details

2 stories
4 full
1920
Listing Description

Huge Duplex in a Prime Location Expand your real estate portfolio with this spacious duplex in an excellent Indianapolis location, directly adjacent to Garfield Park and just minutes from downtown! Offering a combination of size, location, and established occupancy, this property presents an exciting opportunity for investors looking to add a multifamily asset to their holdings.

Both units are fully occupied by long-term tenants, providing an established rental history and the potential for continued income. With its generous size and desirable location near one of Indianapolis's historic parks, this duplex offers an opportunity to build long-term value while benefiting from existing tenancy.

Enjoy convenient access to downtown Indianapolis, local restaurants, shopping, entertainment, and major commuter routes, all while being right next to the green space and recreational amenities of Garfield Park.

Monthly Cost Estimate

$1,096/mo

20% down · 6.5% · 30 years

Principal$148
Interest$888
Insurance$60

Estimates only. Actual payments may vary.

Location

301 E Southern Avenue

Indianapolis, IN 46225

No Subdivision

Property Details

Construction

Wood Siding

Heating

Forced AirNatural Gas

Questions & Answers

This 6-bedroom, 4-bathroom multi-family at 301 E Southern Avenue is listed at $204,900. The estimated monthly payment is $1,096 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.25 acre lot, 2 stories.

This property is listed by Nathaniel Cromlich.

NC

Nathaniel Cromlich

Agent at CENTURY 21 Scheetz

Listed by CENTURY 21 Scheetz · Broker phone: (317) 844-5111 · View on Broker Site · Broker website

MLS# 22132262· Source: Broker Listing Cooperative®· 8 days on PropertySimple

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301 E Southern Avenue, Indianapolis, IN 46225

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