Back to search
4940 E 16th Street Indianapolis, IN $ 185,000
Share Save
$ 185,000 Get more info
4940 E 16th Street
$ 185,000
Back to search
Share Save

4940 E 16th Street

Indianapolis, IN, 46201
$ 185,000
Baths0.0

Monthly Estimate*

$ 1,292

4940 E 16th Street, Indianapolis, IN 46201 - Image 1
4940 E 16th Street, Indianapolis, IN 46201 - Image 2
4940 E 16th Street, Indianapolis, IN 46201 - Image 3
4940 E 16th Street, Indianapolis, IN 46201 - Image 4
4940 E 16th Street, Indianapolis, IN 46201 - Image 5
4940 E 16th Street, Indianapolis, IN 46201 - Image 6
4940 E 16th Street, Indianapolis, IN 46201 - Image 7
4940 E 16th Street, Indianapolis, IN 46201 - Image 8
4940 E 16th Street, Indianapolis, IN 46201 - Image 9
4940 E 16th Street, Indianapolis, IN 46201 - Image 10
4940 E 16th Street, Indianapolis, IN 46201 - Image 11
4940 E 16th Street, Indianapolis, IN 46201 - Image 12
4940 E 16th Street, Indianapolis, IN 46201 - Image 13
4940 E 16th Street, Indianapolis, IN 46201 - Image 14
4940 E 16th Street, Indianapolis, IN 46201 - Image 15
4940 E 16th Street, Indianapolis, IN 46201 - Image 16
4940 E 16th Street, Indianapolis, IN 46201 - Image 17
4940 E 16th Street, Indianapolis, IN 46201 - Image 18
4940 E 16th Street, Indianapolis, IN 46201 - Image 19
4940 E 16th Street, Indianapolis, IN 46201 - Image 20
4940 E 16th Street, Indianapolis, IN 46201 - Image 21
4940 E 16th Street, Indianapolis, IN 46201 - Image 22
4940 E 16th Street, Indianapolis, IN 46201 - Image 23
4940 E 16th Street, Indianapolis, IN 46201 - Image 24
4940 E 16th Street, Indianapolis, IN 46201 - Image 25
4940 E 16th Street, Indianapolis, IN 46201 - Image 26
4940 E 16th Street, Indianapolis, IN 46201 - Image 27
4940 E 16th Street, Indianapolis, IN 46201 - Image 28
4940 E 16th Street, Indianapolis, IN 46201 - Image 29
Studio

Multi-Family Home for sale in Indianapolis, IN

for $185,000. This home was built in 1951 on a lot size of 0.23.

EAST SIDE INVESTMENT OPPORTUNITY // This brick duplex situated in Otterbein, just outside of Little Flower and Community Heights, will appeal to investors and homebuyers alike! Each side consists of 2 bedrooms, 1 bathroom, an unfinished basement for storage and laundry, and a sweet front porch. The big ticket items have been taken care of for you! Roof is brand new, the HVAC has been updated, and it has a newer sewer liner. Both sides are turnkey, with one side being vacated in April and the other currently rented. Located less than 2 miles from highway access and just minutes from downtown, this property will make an excellent addition to an investor portfolio or a wonderful home for a savvy homebuyer who wants to live in one side and rent out the other.

See more
Multi-Family Pending

Price

$ 185,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,624

Style

Duplex

Lot Size

0.23

Year Built

1951

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21969660
Features
General
Heating Forced Air
Cooling Central Electric Other
Possession Negotiable Subject To Tenants Rights
Construction Materials Brick Block
Year Built 1951
Tenant Pays All Utilities
Township Center
Levels One
Property SubType Duplex
Tax Year 2023
Current Use Apt<20 Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Status Pending
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 3.0
High School District Indianapolis Public Schools
Total Units 2
MLS Area 4912 - Marion - Center Ne
Lot Size Square Feet 10019
Street Name 16th
Current Financing Conventional FHA Conventional
Property Condition Updated/Remodeled
Days on Market 4
Structure Type Duplex
Standard Status Pending
Tax Lot 1041972
Buyer Agent Compensation Type %
Legal Description East 21st St Garden 100Ft S End L4 Ex 49Ft W End
See more
Interior
Basement Exterior Entry Storage Space Unfinished
Basement (Y/N) Y
Street Suffix Street
See more
Exterior
Parking Features Gravel
Lot Features Corner Lot
Foundation Details Block
Lot Size Acres 0.23
See more
* Excluded Features
List By
Maywright Property Co.

Broker

lgibson@maywright.com

Email

Affordability Calculator

$1,594
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,292
Monthly Property Taxes
$302
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
3/21/2024 $185,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

4940 E 16th Street, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $185,000 with a lot size of 0.23. 4940 E 16th Street is a studio with 0.0 baths and was built in 1951. The property's zip code is 46201 which is in Indianapolis, IN

Get more info