3702 E New York Street E Indianapolis, IN $ 229,000
3702 E New York Street E
$ 229,000
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3702 E New York Street E

Indianapolis, IN, 46201
$ 229,000
Baths0.0

Monthly Estimate*

$ 1,371

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $229,000. This home was built in 1925 on a lot size of 0.08.

Welcome to a fantastic investment opportunity or house hacker's dream! This spacious duplex, located just minutes from downtown Indianapolis, offers two well-maintained 3-bedroom, 1-bathroom units, each approximately 1,540 sq ft. One side is currently tenant-occupied ($995/mo), providing immediate rental income with plenty of upside, while the other side is vacant and move-in ready, making it perfect for an owner-occupant or another tenant. Each unit features central heat/air, and separate utility meters, with tenants covering all utility costs. With its ideal layout and prime location, this property offers endless possibilities. Investors can capitalize on consistent rental demand, and house hackers can enjoy living in one unit while renting out the other to offset living expenses. The property's proximity to downtown Indy ensures access to jobs, shopping, dining, and entertainment while maintaining a peaceful residential feel. Priced to sell, this property is a must-see for those looking to expand their portfolio or make a smart home investment. Don't miss your chance to secure a property with so much potential!

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Multi-Family Active

Price

$ 229,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,452

Style

TraditonalAmerican

Lot Size

0.08

Year Built

1925

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22004628

Features
General
Heating Forced Air Gas
Cooling None Separate Meters
Possession Closing Subject To Tenants Rights
Roof Asphalt
Exterior Features Not Applicable
Architectural Style TraditonalAmerican
Security Features Smoke Alarm
Construction Materials Wood
Year Built 1925
Tenant Pays All Utilities
Township Center NE
Levels Two
Building Design Duplex
Tax Year 2023
Current Use Apt<20
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Hartmans Add Robison & Voorhees
Possible Use Residential
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
NumberOfUnitsTotal 2
MLS Area 4912 - Marion - Center Ne
Lot Size Square Feet 3615
Waterfront Y/N N
Property Attached Y/N Y
Additional Parcels Y/N N
Virtual Tour https://indy-realty-pics.aryeo.com/sites/nxaaljo/unbranded https://indy-realty-pics.aryeo.com/sites/3702-e-new-york-st-indianapolis-in-46201-11806298/branded
Structure Type Duplex
Standard Status Active
Tax Lot 30
Legal Description HARTMANS ADD ROBINSON & VOORHEES ADD 90' S SIDE L30
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Exterior
Lot Features Access Busline Corner Lot Mature Trees
Foundation Details Block
Lot Size Acres 0.08
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Interior
Basement (Y/N) Y
Laundry Features Connections All
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* Excluded Features
List By
Keller Williams Indpls Metro N

Broker

peter@peterstewartrealty.com

Email

Affordability Calculator

$1,742
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,371
Monthly Property Taxes
$371
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
10/2/2024 $229,000 Listed Price

Map


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3702 E New York Street E, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $229,000 with a lot size of 0.08. 3702 E New York Street E is a studio with 0.0 baths and was built in 1925. The property's zip code is 46201 which is in Indianapolis, IN