1509 E Kelly Street Indianapolis, IN $ 220,000
1509 E Kelly Street
$ 220,000
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1509 E Kelly Street

Indianapolis, IN, 46203
$ 220,000
Baths0.0

Monthly Estimate*

$ 1,537

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $220,000. This home was built in 1920 on a lot size of 0.12.

Well maintained, fully occupied duplex in popular Bean Creek! This is a great opportunity to add to your investment portfolio! Each unit features 2 bedrooms and 1 bathroom, spacious living areas and functional kitchens. Great outdoor space in the backyard. Exterior has been freshly painted. 1509 unit (long-term tenant) is leased through March 2025 at $950/month and 1511 is leased through April 2025 at $1000/month. Tenants pay all utilities and handle lawncare. New furnaces and water heaters in both units in 2019. With close proximity to Fountain Square, Downtown, and plenty of other amenities, this property has tons of possibilities!

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Multi-Family Active

Price

$ 220,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,228

Style

TraditonalAmerican

Lot Size

0.12

Year Built

1920

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21975680

Features
General
Possession Closing
Architectural Style TraditonalAmerican
Construction Materials Vinyl Siding
Year Built 1920
Township Center
Levels Two
Property SubType Duplex
Tax Year 2023
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name D M Bradbury & Cos Southeast
Status Active
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 2
High School District Indianapolis Public Schools
Total Units 2
MLS Area 4913 - Marion - Center Se
Lot Size Square Feet 5009
Street Name Kelly
Property Attached Y/N N
Current Financing Conventional
Days on Market 11
Standard Status Active
Tax Lot 185
Buyer Agent Compensation Type %
Legal Description D M Bradbury & Cos S E Add L185
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Exterior
Lot Features Not Applicable
Lot Size Acres 0.12
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Interior
Basement (Y/N) Y
Street Suffix Street
Laundry Features No Laundry Facil.
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* Excluded Features
List By
T&H Realty Services, Inc.

Broker

devon@threaltyinc.com

Email

Affordability Calculator

$1,722
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,537
Monthly Property Taxes
$186
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
THE TIME TO SELL IS NOW!
Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/26/2024$220,000 Listed Price

Map


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1509 E Kelly Street, Indianapolis, IN, 46203 is a Multi-Family Home for sale at $220,000 with a lot size of 0.12. 1509 E Kelly Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 46203 which is in Indianapolis, IN