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About This Home
This 0-bedroom, 0-bathroom multi-family at 3251 Broadway Street in Indianapolis, IN is listed for $309,900. Built in 1914, on a 0.14 acres lot.
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 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.
Key Features
- Built in 1914
- 0.14 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,657/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3251 Broadway Street
Indianapolis, IN 46205
Osgoods Forest Park
Features & Amenities
Exterior Features
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 3251 Broadway Street is listed at $309,900. The estimated monthly payment is $1,343 based on 20% down at 6.5% interest.
Key features include: Built in 1914, 0.14 acre lot. Exterior Features: Fencing.
This property is listed by Mamadou Gueye and can be reached at 3178478873 or mamadou@truebloodre.com.
