936 N Alabama Street Indianapolis, IN $ 325,000
936 N Alabama Street
$ 325,000
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936 N Alabama Street

Indianapolis, IN, 46202
$ 325,000
Baths0.0

Monthly Estimate*

$ 1,946

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $325,000. This home was built in 1890 on a lot size of 0.04.

Discover a prime investment opportunity in the vibrant St. Joseph neighborhood of downtown. This charming row house, free of HOA restrictions, features three distinct 1-bedroom units, each equipped with its own washer and dryer for added convenience. Located just a short stroll from an array of restaurants and entertainment options, this property is ideally positioned to attract both long-term and potentially short-term tenants. Two of the three units have been recently upgraded. All three units are currently leased, with two occupied by reliable long-term tenants on a month-to-month lease and the third unit also generating steady rental income. This property offers the perfect blend of urban accessibility and investment stability. Don't miss out on this exceptional chance to enhance your real estate portfolio in one of downtown's most sought-after neighborhoods.

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Multi-Family Pending

Price

$ 325,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,364

Style

Multi-Level

Lot Size

0.04

Year Built

1890

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22000567

Features
General
Heating Gas
Cooling Central Electric
Possession Subject To Tenants Rights
Exterior Features Not Applicable
Architectural Style Multi-Level
Security Features Carbon Monoxide Detector(s) Fire Alarm
Year Built 1890
Tenant Pays Cable TV
Township Center
Levels Multi/Split
Property SubType Triplex
Tax Year 2023
Current Use Apt<20
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Sorins
Status Pending
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
NumberOfUnitsTotal 3
MLS Area 4912 - Marion - Center Ne
Lot Size Square Feet 1742
Current Financing Conventional
Additional Parcels Y/N N
Structure Type Triplex
Standard Status Pending
Tax Lot L43 & L44 Ol175 21.5Ft X 80Ft
Legal Description Sorins Sub Pts L43 & L44 Ol175 21.5Ft X 80Ft Beg85.75Ft N Of Se Cor L44
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Interior
Basement Apartment Egress Window(s) Finished
Basement (Y/N) Y
Laundry Features Other
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Exterior
Lot Features City Lot
Foundation Details Brick
Lot Size Acres 0.04
Road Surface Type Asphalt
Road Frontage Type City Street
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* Excluded Features
List By
F.C. Tucker Company

Broker

mike.miller@talktotucker.com

Email

Affordability Calculator

$2,310
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,946
Monthly Property Taxes
$364
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
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
9/10/2024 $325,000 Listed Price

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936 N Alabama Street, Indianapolis, IN, 46202 is a Multi-Family Home for sale at $325,000 with a lot size of 0.04. 936 N Alabama Street is a studio with 0.0 baths and was built in 1890. The property's zip code is 46202 which is in Indianapolis, IN