281 N Addison Street Indianapolis, IN $ 149,900
281 N Addison Street
$ 149,900
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281 N Addison Street

Indianapolis, IN, 46222
$ 149,900
Baths0.0

Monthly Estimate*

$ 898

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $149,900. This home was built in 1882 on a lot size of 0.12.

Great cash flow with this duplex in an area that is ripe for continued growth, between Stringtown and Central State on the Near West Side. The main level unit rents for $850/mo and offers 2 bedrooms plus a finished bonus room in the basement. It also features a tiled tub surround in the bathroom and a new central air unit. Both units have their own furnaces, fenced yards, and pay their own utilities. The upstairs unit is vacantwith a market rate of $850/mo, and is easy to show. It does not have central air. The main level unit has access to the 2 car detached garage. This property is being sold in as-is condition. Please show 281 1/2, but do not disturb the tenants at 281 until after an accepted offer.

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Multi-Family Pending

Price

$ 149,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,686

Style

Duplex

Lot Size

0.12

Year Built

1882

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21989080

Features
General
Heating Dual Forced Air Gas
Cooling None Central Electric
Possession Subject To Tenants Rights
Roof Asphalt
Garage Spaces 2
Construction Materials Wood
Year Built 1882
Tenant Pays All Utilities
Township Wayne
Levels Two
Building Design Duplex
Tax Year 2023
Current Use Apt<20
County Marion
New Construction N
Property Type Residential Income
Subdivision Name West Park
Status Pending
Directions Take Washington Street west of Belmont to Addison. North on Addison to hom on the east side of the street.
High School George Washington High School
City Indianapolis
High School District Indianapolis Public Schools
NumberOfUnitsTotal 2
MLS Area 4909 - Marion - Wayne
Lot Size Square Feet 5227
Elementary School George Washington Carver School 87
Property Attached Y/N N
Current Financing NotApplicable
Additional Parcels Y/N N
Structure Type Duplex
Standard Status Pending
Tax Lot 283
Legal Description West Park 3rd Sec L283
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Interior
Basement Finished Partial
Basement (Y/N) Y
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Exterior
Fencing Chain Link Fence Complete Fence Full Rear Front Yard
Parking Features Detached
Lot Size Acres 0.12
Road Surface Type Asphalt
Road Frontage Type City Street
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* Excluded Features
List By
F.C. Tucker Company

Broker

jeremy@talktotucker.com

Email

Affordability Calculator

$1,205
Per Month
75%
25%
0%
Monthly Principal & Interest
$898
Monthly Property Taxes
$307
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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
4659160 Elementary School
4044909 Middle School
George Washington High School High School
Pricing History
Date Price Price Change Description
8/5/2024 $145,000 Listed Price

Map


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281 N Addison Street, Indianapolis, IN, 46222 is a Multi-Family Home for sale at $149,900 with a lot size of 0.12. 281 N Addison Street is a studio with 0.0 baths and was built in 1882. The property's zip code is 46222 which is in Indianapolis, IN