2060 Central Avenue Indianapolis, IN $ 624,900
2060 Central Avenue
$ 624,900
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2060 Central Avenue

Indianapolis, IN, 46202
$ 624,900
Baths0.0

Monthly Estimate*

$ 4,153

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $624,900. This home was built in 1900 on a lot size of 0.16.

Attention savvy investors and buyers - 4 PLEX - HERRON MORTON - Surrounded by high-end luxury single-family homes and development. All units have private laundry - private entry - 3 Car detached garage with separate bays and service doors for additional income. All units have central air - All units are all electric. Tenants pay electric - owner pays water and sewer. No gas. One block from the new "The Grounds" retail and multi-use development. 3 Units are occupied and one is vacant and move-in ready for showings. HUGE UPSIDE with this location and two buildings for generations to come.

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Multi-Family Active

Price

$ 624,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,050

Style

A-Frame,Craftsman

Lot Size

0.16

Year Built

1900

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21983535

Features
General
Heating Heat Pump
Cooling Central Electric
Possession Closing
Garage Spaces 3
Architectural Style A-Frame Craftsman
Construction Materials Brick Wood
Year Built 1900
Tenant Pays Electricity Insurance
Township Center
Levels Two
Property SubType Fourplex
Tax Year 2023
Current Use Apt<20 Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Morton Place
Possible Use Apt<20 Residential
Status Active
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 2.75
High School District Indianapolis Public Schools
NumberOfUnitsTotal 4
MLS Area 4912 - Marion - Center Ne
Lot Size Square Feet 6800
Current Financing Exchange - 1031 Conventional
Days on Market 11
Structure Type Quadruplex
Standard Status Active
Tax Lot 266
Buyer Agent Compensation Type %
Legal Description Morton Place Add L266
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Exterior
Fencing Fence Full Rear
Parking Features Alley Access Detached
Lot Features Access
Lot Size Acres 0.16
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Interior
Basement (Y/N) Y
Laundry Features Connections All
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* Excluded Features
List By
Compass Indiana, Llc

Broker

kyle@soldwithkyle.com

Email

Affordability Calculator

$4,407
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,153
Monthly Property Taxes
$254
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
Date Price Price Change Description
6/24/2024 $624,900 -3.86% Price Down
6/14/2024 $650,000 Listed Price

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2060 Central Avenue, Indianapolis, IN, 46202 is a Multi-Family Home for sale at $624,900 with a lot size of 0.16. 2060 Central Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 46202 which is in Indianapolis, IN