2027/2029 Lexington Avenue Indianapolis, IN $ 220,000
2027/2029 Lexington Avenue
$ 220,000
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2027/2029 Lexington Avenue

Indianapolis, IN, 46203
$ 220,000
Baths0.0

Monthly Estimate*

$ 1,537

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $220,000. This home was built in 1903 on a lot size of 0.19.

Situated just moments from the vibrant Fountain Square. This duplex offers a unique investment opportunity, in a prime location. Enjoy the convenience of near by dining, shopping and entertainment options all with in a short distance. The property currently features a duplex configuration, ideal for generating rental income. Each unit offers distinct living spaces, providing privacy and comfort for potential tenants. One of the standout features is the expansive lot. The size of the parcel not only accentuates the duplex but also presents the potential for further development. Given the considerable size of the parcel, there's an opportunity to split the lot and build two single-family homes. The option adds significant value for those looking to invest in a growing area. While the property requires improvements, it's also a blank canvas.

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Multi-Family Active

Price

$ 220,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,552

Style

Lot Size

0.19

Year Built

1903

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21961297

Features
General
Possession Closing
Garage Spaces 3
Year Built 1903
Township Center
Levels Two
Property SubType Duplex
Tax Year 2022
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Geyers
Status Active
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 2
High School District Indianapolis Public Schools
Total Units 2
MLS Area 4913 - Marion - Center Se
Lot Size Square Feet 8407
Street Name Lexington
Days on Market 13
Standard Status Active
Tax Lot 49-10-07-141-034.000-101
Buyer Agent Compensation Type %
Legal Description Geyer Et Al Sub Dunlop Add L18 & L19
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Exterior
Parking Features Detached
Lot Size Acres 0.19
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Interior
Basement (Y/N) Y
Street Suffix Avenue
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* Excluded Features
List By
The Great 8 Real Estate Llc

Broker

Jessica@tg8-usa.com

Email

Affordability Calculator

$1,749
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,537
Monthly Property Taxes
$213
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
2/2/2024$220,000 -8.33% Price Down
1/29/2024$240,000 Listed Price

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2027/2029 Lexington Avenue, Indianapolis, IN, 46203 is a Multi-Family Home for sale at $220,000 with a lot size of 0.19. 2027/2029 Lexington Avenue is a studio with 0.0 baths and was built in 1903. The property's zip code is 46203 which is in Indianapolis, IN