5520 E Rawles Terrace Indianapolis, IN $ 185,000
5520 E Rawles Terrace
$ 185,000
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5520 E Rawles Terrace

Indianapolis, IN, 46219
$ 185,000
Baths0.0

Monthly Estimate*

$ 1,230

5520 E Rawles Terrace, Indianapolis, IN 46219 - Image 1
5520 E Rawles Terrace, Indianapolis, IN 46219 - Image 2
5520 E Rawles Terrace, Indianapolis, IN 46219 - Image 3
5520 E Rawles Terrace, Indianapolis, IN 46219 - Image 4
5520 E Rawles Terrace, Indianapolis, IN 46219 - Image 5
5520 E Rawles Terrace, Indianapolis, IN 46219 - Image 6
5520 E Rawles Terrace, Indianapolis, IN 46219 - Image 7
Studio

Multi-Family Home for sale in Indianapolis, IN

for $185,000. This home was built in 1954 on a lot size of 0.16.

Check out this delightful duplex located on Rawles Terrace, offering the perfect blend of comfort and convenience. Each unit features 2 bedrooms and 1 bathroom, making it an ideal investment or a cozy home for an owner-occupant. Unit Highlights: Lovely Hardwood Floors:Both units boast beautiful hardwood floors, adding warmth and character to the living spaces. Great Living Room: Enjoy a bright and inviting living room with plenty of natural light, perfect for relaxation or entertaining. Private Yard: Each unit comes with its own private yard, providing a serene outdoor space for gardening, play, or simply unwinding. Off-Street Parking: Benefit from the convenience of dedicated off-street parking for each unit, ensuring easy access and added security. Current Occupancy: Unit 1:Currently rented at $865/month, with the tenant paying all utilities. This provides a steady income stream from day one. Unit 2:Vacant and ready for your personal touch. Move in yourself or place a new tenant to maximize your investment potential. This duplex is not just a property; it's an opportunity to own a piece of charm in a desirable location. Whether you're an investor looking for a reliable income property or a homeowner seeking a versatile living arrangement, this duplex on Rawles offers the flexibility and features you need. Don't miss out on this fantastic opportunity!

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Multi-Family Pending

Price

$ 185,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,920

Style

Lot Size

0.16

Year Built

1954

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21983999

Features
General
Possession Subject To Tenants Rights
Year Built 1954
Tenant Pays All Utilities
Township Warren
Levels One
Property SubType Duplex
Tax Year 2023
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Paul Ruby
Status Pending
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 2.5
High School District Indianapolis Public Schools
NumberOfUnitsTotal 2
MLS Area 4905 - Marion - Warren
Lot Size Square Feet 7013
Current Financing Conventional
Days on Market 5
Standard Status Pending
Tax Lot 9
Buyer Agent Compensation Type %
Legal Description Paul Ruby Sub Lot 9
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Interior
Basement (Y/N) N
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Exterior
Lot Size Acres 0.16
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* Excluded Features
List By
Hanza Realty, Llc

Broker

tasheana@hanzarealty.com

Email

Affordability Calculator

$1,390
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,230
Monthly Property Taxes
$160
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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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/10/2024$185,000 Listed Price

Map


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5520 E Rawles Terrace, Indianapolis, IN, 46219 is a Multi-Family Home for sale at $185,000 with a lot size of 0.16. 5520 E Rawles Terrace is a studio with 0.0 baths and was built in 1954. The property's zip code is 46219 which is in Indianapolis, IN