2762 Shelby Street
Indianapolis, IN, 46203
$
312,500
Baths0.0
Monthly Estimate*
$
2,183
Studio
for $312,500. This home was built in 1927 on a lot size of 0.14.
Welcome to the vibrant heart of Indianapolis living at 2760-2762 Shelby St! This impeccably maintained duplex, nestled in the up-and-coming area, offers a prime investment opportunity with its turn-key features and prime location. The property boasts two identical units, with 2760 currently owner-occupied and ready to embrace an AirBnb, tenant, or owner! Meanwhile, 2762 is already generating income at $1,350 per month, with a lease expiring in July 2024. This energy-efficient duplex has no deferred maintenance, featuring a 10-year-old roof, and recently installed Carrier 96% high-efficiency furnaces and hot water heaters (Oct 2023). The remodeled bathrooms, new insulation, and floating floors enhance the comfort and efficiency of both units. Large rooms characterize each unit, including spacious living and dining areas, a large eat-in kitchen with a butler pantry, and beautifully remodeled bathrooms. The attention to detail is evident in every corner, from the custom blackout shades in 2760 to the Pella windows throughout. Both kitchens are equipped with new appliances, with washers and dryers in each unit and a bonus deep freezer chest. The basement is dry-locked and painted and offers additional usable space. The outdoor space is an entertainer's dream, featuring a private patio with a fire pit, a large propane grill, and a brand-new shed (8 x 6). A custom privacy fence (2021) adds to the charm and privacy. Convenience is key, with separate utilities for each unit, city water/sewer, and the option to keep the 2-year-old hot tub/spa. The property is just 2 minutes from I-65, while the 132-acre Garfield Park is a mere two blocks away. The neighborhood offers a variety of amenities, including a brewery, bakery, and coffee shops on the same street. Commute effortlessly to downtown Indianapolis, Eli Lilly, and Fountain Square within 10 minutes. The home is strategically located on the IndyGo Electric bus line. Don't miss this opportunity!!
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Features
General
Possession
Closing
Negotiable
Subject To Tenants Rights
Exterior Features
Gas Grill
Outdoor Fire Pit
Other
Construction Materials
Brick
Vinyl Siding
Vinyl With Brick
Year Built
1927
Tenant Pays
All Utilities
Insurance
Township
Center
Levels
Two
Property SubType
Duplex
Tax Year
2023
Current Use
Apt<20
County
Marion
New Construction
N
Property Type
Residential Income
Subdivision Name
No Subdivision
Status
Pending
Directions
GPS Friendly
City
Indianapolis
Buyer Agent Compensation
3
High School District
Indianapolis Public Schools
Total Units
2
MLS Area
4913 - Marion - Center Se
Lot Size Square Feet
5968
Street Name
Shelby
Property Condition
Updated/Remodeled
Days on Market
2
Structure Type
Duplex
Standard Status
Pending
Tax Lot
3579
Buyer Agent Compensation Type
%
Legal Description
Shelby Gardens L14
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Exterior
Fencing
Fence Complete
Fence Full Rear
Privacy
Lot Features
Busline
City Lot
Sidewalks
Street Lights
Suburb
Lot Size Acres
0.14
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Interior
Basement (Y/N)
Y
Street Suffix
Street
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* Excluded Features
List By
Elite Indy Realty Group
Broker
devan@devanlunceford.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $2,183
- Monthly Property Taxes
- $141
- 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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Nearby
Multi-family listings in Indianapolis, IN
Average List Price
$280,303
Percent of Sale Price
10%
About Indianapolis, IN
843,184
Population
8%
Since 2002
$
43,160
Median Income
35.24
Median Age
29%
Households with Children
Trends Information provided by ATTOM Data Solutions.
4044905
Elementary School
4044909
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
3/13/2024
|
$312,500
|
|
Listed Price
|