1140 Spruce Indianapolis, IN $ 569,900
1140 Spruce
$ 569,900
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1140 Spruce

Indianapolis, IN, 46203
$ 569,900
Bedrooms-- Baths0.0

Monthly Estimate*

$ 3,936

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Multi-Family Home for sale in Indianapolis, IN

for $569,900. This home was built in 1900 on a lot size of 0.14.

Beautifully renovated from the studs in 2017, this impressive 2-story duplex located in the heart of Fountain Square showcases upscale finishes throughout. Both units feature stunning kitchens appointed with high-end finishes with quartz counters, stainless steel appliances, canned and pendant lighting complemented by gorgeous hardwood flooring and beautiful bathrooms featuring stylish, modern finishes. Each spacious unit have identical floorplans and offer 3 bedrooms and 2.5 bathrooms, creating an ideal blend of comfort, functionality and style. Complete with a detached, coveted partitioned 2-car garage offering off-street parking and additional storage space, this exceptional property offers an outstanding opportunity for investors seeking rental income, owner-occupants looking to house hack or those exploring short term rental potential. Whether you choose to live in one side and rent the other or maximize the income potential of both units, this beautifully updated duplex offers versatility and value in a prime Fountain Square location.

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Multi-Family Active

Price

$ 569,900

Property Type

Multi-Family

Taxes

$ 7,506

Style

Traditional

Lot Size

0.14

Year Built

1900

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22135757

Features
General
Heating Forced Air Natural Gas
Cooling Central Air
Possession Closing
Roof Asphalt
Garage Spaces 2
Architectural Style Traditional
Construction Materials Vinyl With Stone
Year Built 1900
Tenant Pays All Utilities
Township Center
Levels Two
Property Subtype Duplex
Tax Year 2025
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Hubbard Etal Southeast Add
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 2
MLS Area 4910 - Marion - Center
Lot Size Square Feet 5968
Property Attached Y/N Y
Current Financing Exchange - 1031 Conventional FHA VA
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Structure Type Duplex
Standard Status Active
Tax Lot Lot 9
Legal Description Hubbard Etal Se Add 33Ft S Side L9 B4
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Interior
Basement Partial Unfinished
Basement (Y/N) Y
Laundry Features Main Level
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Exterior
Parking Features Detached
Foundation Details Block Brick/Mortar Crawl Space Divided
Lot Size Acres 0.14
Road Surface Type Asphalt
Road Frontage Type City Street
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* Excluded Features
List By
Cherry Appraisal Company, Llc

Broker

jch56@aol.com

Email

Affordability Calculator

$4,562
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,936
Monthly Property Taxes
$626
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
11/13/2026$569,900 Listed Price

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1140 Spruce, Indianapolis, IN, 46203 is a Multi-Family Home for sale at $569,900 with a lot size of 0.14. 1140 Spruce has 0.0 baths and was built in 1900. The property's zip code is 46203 which is in Indianapolis, IN