1062 W Roache Street Indianapolis, IN $ 159,000
1062 W Roache Street
$ 159,000
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1062 W Roache Street

Indianapolis, IN, 46208
$ 159,000
Baths0.0

Monthly Estimate*

$ 1,111

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $159,000. This home was built in 1910 on a lot size of 0.09.

Discover a unique investment opportunity in the heart of downtown Indianapolis. This income-flowing duplex, perfectly positioned near the Children's Museum, Riverside Park, and Newfields, offers a strategic blend of cultural richness and urban convenience. Featuring two, 2-bedroom units on both sides and both units are currently tenant-occupied, this property provides immediate returns on your investment. Recent updates including a new roof, water heater, furnace, and additional renovations, allowing you to focus on maximizing your investment. With leases extending through November 2024 for unit 1062 and April 2024 for unit 1064, stability is already built-in. For those looking to expand their portfolio, consider the potential to bundle this purchase with the adjacent listing at 837/839 W Roache Street, offering an even more significant opportunity for growth and revenue. This duplex is a gateway to a vibrant lifestyle and a thriving investment future in one of Indianapolis's most sought-after locations. Don't let this chance slip through your fingers. Schedule your showing now to take the first step towards securing your piece of Indianapolis's vibrant heart.

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Multi-Family Active

Price

$ 159,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,214

Style

Lot Size

0.09

Year Built

1910

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21967115

Features
General
Heating Forced Air
Cooling Central Electric
Possession Negotiable
Year Built 1910
Tenant Pays All Utilities Electricity Gas Trash Collection
Township Center
Levels Two
Property SubType Duplex
Tax Year 2022
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Facing Direction South
Status Active
Directions 65N to 21st Street left on W 21st right on Dr Martin Luter King Left on Roache to home on the right.
City Indianapolis
Buyer Agent Compensation 2.75
High School District Indianapolis Public Schools
Total Units 2
MLS Area 4911 - Marion - Center Nw
Lot Size Square Feet 3790
Street Name Roache
Property Attached Y/N N
Current Financing Conventional
Middle/Junior High School Northwest Community Middle School
Additional Parcels Y/N N
Days on Market 27
Standard Status Active
Tax Lot 22
Buyer Agent Compensation Type %
Legal Description North Indianapolis Add L22 Blk23
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Exterior
Foundation Details Block Crawl Space
Lot Size Acres 0.09
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Interior
Basement (Y/N) Y
Street Suffix Street
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* Excluded Features
List By
Keller Williams Indy Metro S

Broker

sold@forneygroup.com

Email

Affordability Calculator

$1,295
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,111
Monthly Property Taxes
$185
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
4044905 Elementary School
4049836 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2024$159,000 -11.17% Price Down
3/8/2024$179,000 Listed Price

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1062 W Roache Street, Indianapolis, IN, 46208 is a Multi-Family Home for sale at $159,000 with a lot size of 0.09. 1062 W Roache Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 46208 which is in Indianapolis, IN