4843 Caroline Avenue Indianapolis, IN $ 200,000
4843 Caroline Avenue
$ 200,000
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4843 Caroline Avenue

Indianapolis, IN, 46205
$ 200,000
Baths0.0

Monthly Estimate*

$ 1,329

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $200,000. This home was built in 1941 on a lot size of 0.12.

Broad Ripple Duplex - Investors and Owner-Occupants Welcome! | This well-maintained duplex offers a fantastic opportunity for investors or those looking to live in one unit and rent out the other. Each side features a 1-bedroom, 1-bathroom layout, providing cozy and efficient living spaces. One unit is currently tenant-occupied through 9/1/24, generating steady rental income at approximately 1,000/mo, while the other unit is vacant and ready for immediate occupancy. Each unit has a private backyard and a 1-car garage. This setup is perfect for anyone looking to offset their mortgage with rental income. Don't miss this excellent investment opportunity in a prime location!

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Multi-Family Pending

Price

$ 200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,748

Style

TraditonalAmerican

Lot Size

0.12

Year Built

1941

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21980108

Features
General
Heating Forced Air
Cooling None
Possession Closing Negotiable Subject To Tenants Rights
Garage Spaces 2
Architectural Style TraditonalAmerican
Security Features Fire Alarm
Construction Materials Aluminum Siding
Year Built 1941
Tenant Pays Electricity Insurance Sewer Water
Township Washington
Levels One
Property SubType Duplex
Tax Year 2024
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Bellaire
Status Pending
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 2
High School District Indianapolis Public Schools
NumberOfUnitsTotal 2
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 5184
Property Attached Y/N N
Current Financing Conventional FHA
Days on Market 4
Structure Type Duplex
Standard Status Pending
Tax Lot 191
Buyer Agent Compensation Type %
Legal Description Bellaire L191
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Interior
Basement Unfinished
Basement (Y/N) Y
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Exterior
Parking Features Detached
Lot Size Acres 0.12
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* Excluded Features
List By
Maywright Property Co.

Broker

natalie@maywright.com

Email

Affordability Calculator

$1,558
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,329
Monthly Property Taxes
$229
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
5/17/2024$200,000 Listed Price

Map


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4843 Caroline Avenue, Indianapolis, IN, 46205 is a Multi-Family Home for sale at $200,000 with a lot size of 0.12. 4843 Caroline Avenue is a studio with 0.0 baths and was built in 1941. The property's zip code is 46205 which is in Indianapolis, IN