1322 W Lee Street Indianapolis, IN ^$ 160,000

1322 W Lee Street

^$ 160,000

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Recently Listed

1322 W Lee Street

Indianapolis, IN, 46221

^$ 160,000

Studio Baths0.0

Monthly Estimate*

^$ 1,118

1322 W Lee Street, Indianapolis, IN 46221 - Image 1

1322 W Lee Street, Indianapolis, IN 46221 - Image 2

1322 W Lee Street, Indianapolis, IN 46221 - Image 3

1322 W Lee Street, Indianapolis, IN 46221 - Image 4

1322 W Lee Street, Indianapolis, IN 46221 - Image 5

Studio

Multi-Family Home for sale in Indianapolis, IN

for $160,000. This home was built in 1860 on a lot size of 0.13.

This two-unit duplex presents an exceptional opportunity for real estate investors seeking immediate cash flow. The property features long-term tenants, ensuring a steady rental income from the outset. Additionally, the duplex includes a spacious two-car garage and a sizable basement. This property represents an ideal foundation for building a successful real estate portfolio. Schedule an appointment today to explore this investment opportunity.

Multi-Family Active

Price

^$ 160,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,544

Style

Lot Size

0.13

Year Built

1860

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21974811

Features

General

Cooling Central Electric

Possession Closing

Garage Spaces 2

Year Built 1860

Tenant Pays Electricity

Township Center

Levels One

Property SubType Duplex

Tax Year 2023

Current Use Residential

County Marion

New Construction N

Property Type Residential Income

Subdivision Name No Subdivision

Status Active

Directions GPS Friendly

City Indianapolis

Buyer Agent Compensation 2.5

High School District Indianapolis Public Schools

Total Units 2

MLS Area 4912 - Marion - Center Ne

Lot Size Square Feet 5489

Street Name Lee

Property Attached Y/N N

Days on Market 3

Standard Status Active

Tax Lot /49-11-15-147-011.000-101

Buyer Agent Compensation Type %

Legal Description Reisners W Indpls Add L7

Exterior

Parking Features Detached

Lot Size Acres 0.13

Interior

Basement (Y/N) Y

Street Suffix Street

* Excluded Features

List By

Trueblood Real Estate

Broker

gregory@truebloodre.com

Affordability Calculator

$1,330

Per Month

Monthly Principal & Interest: $1,118
Monthly Property Taxes: $212
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Multi-family listings in Indianapolis, IN

Average List Price ^$283,098

Percent of Sale Price 77%

About Indianapolis, IN

843,184 Population

8% Since 2002

^$43,160 Median Income

35.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4044905 Elementary School

4044909 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/19/2024	$160,000		Listed Price

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1322 W Lee Street, Indianapolis, IN, 46221 is a Multi-Family Home for sale at $160,000 with a lot size of 0.13. 1322 W Lee Street is a studio with 0.0 baths and was built in 1860. The property's zip code is 46221 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/3/2024.

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1322 W Lee Street

Multi-Family Home for sale in Indianapolis, IN

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