106 N Riley Avenue Indianapolis, IN $ 125,000
106 N Riley Avenue
$ 125,000
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106 N Riley Avenue

Indianapolis, IN, 46201
$ 125,000
Baths0.0

Monthly Estimate*

$ 873

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $125,000. This home was built in 1915 on a lot size of 0.15.

Great investment with huge upside possible! Many 200/300k comps with 1k per side rents. This home sits perched on a hill, overlooking a mature tree and surrounded by beautiful homes that you can see from your covered front porch. The generous 2 gar garage provides off street parking. This was a single family home converted into 2 units at some point with sperate furnaces and electrical. It is in need of many updates but the location and features like arched doorways would give you many opportunities. Potential for a 3-5 bed, 2 bath SF conversion. Possible seller financing with as little as 10% down for owner occupants and 20% for non-owner occupants. Make sure to do your own due diligence prior to making an offer as this is an as-is sale and buyer needs to know what zoning would allow for a SF or MF use before making an offer.

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Multi-Family Active

Price

$ 125,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.15

Year Built

1915

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21962757

Features
General
Possession Closing
Year Built 1915
Township Center
Property SubType Duplex
Tax Year 2020
Current Use Vacant
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Caylors E Wash St Add
Status Active
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 3
High School District Indianapolis Public Schools
Total Units 2
MLS Area 4913 - Marion - Center Se
Lot Size Square Feet 6534
Street Name Riley
Additional Parcels Y/N N
Days on Market 74
Standard Status Active
Tax Lot 1057336
Buyer Agent Compensation Type %
Legal Description A E Caylors E Wash St Add L1 2
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Interior
Street Suffix Avenue
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Exterior
Lot Size Acres 0.15
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* Excluded Features
List By
Wynkoop Brokerage Firm, Llc

Broker

Scott@IndianaREO.com

Email

Affordability Calculator

$873
Per Month
100%
0%
0%
Monthly Principal & Interest
$873
Monthly Property Taxes
--
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
4/19/2024$125,000 -0.79% Price Down
4/9/2024$126,000 -0.79% Price Down
4/2/2024$127,000 -0.78% Price Down
3/26/2024$128,000 -0.78% Price Down
3/14/2024$129,000 -0.77% Price Down
3/6/2024$130,000 -2.26% Price Down
2/26/2024$133,000 -1.48% Price Down
2/15/2024$135,000 -3.57% Price Down
2/6/2024$140,000 Listed Price

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106 N Riley Avenue, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $125,000 with a lot size of 0.15. 106 N Riley Avenue is a studio with 0.0 baths and was built in 1915. The property's zip code is 46201 which is in Indianapolis, IN