3138 E Bradbury Avenue Indianapolis, IN ^$ 350,000

3138 E Bradbury Avenue

^$ 350,000

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3138 E Bradbury Avenue

Indianapolis, IN, 46203

^$ 350,000

Studio Baths0.0 Sq 3,744

Monthly Estimate*

^$ 2,445

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Studio

Commercial Property for sale in Indianapolis, IN

for $350,000. This 3,744 square foot building was built in 1968 on a lot size of 0.23.

You must see this incredible rental opportunity near Garfield Park on Indy's Southside! This all brick ranch 6 unit features 4 two bedroom units and 2 one bedroom units! 2 units are currently rented out. The other 3 are rent ready and waiting to be filled. This property is a cash cow just waiting for the right new owner! At full occupancy, the property performs at a 10% cap rate. Property is being sold as is. Come see it today!

Commercial Active

Price

^$ 350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,948

Style

Multi-Family 5+

Lot Size

0.23

Year Built

1968

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21961699

Features

General

Heating Forced Air

Utilities Electricity Connected Sep Gas Meter Sewer Connected Water Connected

Possession Closing Subject To Tenants Rights

Roof Asphalt

Zoning Multi Family

Garage Spaces 4

Architectural Style Ranch

Construction Materials Brick

Year Built 1968

Tenant Pays All Utilities

Township Center

Levels One

Property SubType Multi-Family 5+

Tax Year 2022

Current Use Residential

County Marion

New Construction N

Property Type Commercial Sale

Status Active

Directions GPS Friendly

City Indianapolis

Buyer Agent Compensation 2.5

High School District Indianapolis Public Schools

Total Units 6

MLS Area 4913 - Marion - Center Se

Lot Size Square Feet 10000

Street Name Bradbury

Current Financing Conventional

Days on Market 71

Structure Type Apartment Building

Standard Status Active

Tax Lot 36

Cap Rate 10

Buyer Agent Compensation Type %

Legal Description Elders 1st Southeastern Park L36

Exterior

Parking Features Common Gravel

Building Area Total 3744

Lot Size Acres 0.23

Interior

Basement (Y/N) N

Street Suffix Avenue

Laundry Features Connections Some

* Excluded Features

List By

Keller Williams Indpls Metro N

Broker

jordan@moodycompany.com

Affordability Calculator

$2,607

Per Month

Monthly Principal & Interest: $2,445
Monthly Property Taxes: $162
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Indianapolis, IN

Average List Price ^$768,446

Percent of Sale Price 120%

About Indianapolis, IN

843,184 Population

8% Since 2002

^$43,160 Median Income

35.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4044905 Elementary School

4044909 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/26/2024	$350,000	-6.67%	Price Down
3/4/2024	$375,000	-3.85%	Price Down
2/9/2024	$390,000		Listed Price

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3138 E Bradbury Avenue, Indianapolis, IN, 46203 is a Commercial Property for sale at $350,000 with 3,744 sqft and a lot size of 0.23. 3138 E Bradbury Avenue is a studio with 0.0 baths and was built in 1968. The property's zip code is 46203 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

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3138 E Bradbury Avenue

Commercial Property for sale in Indianapolis, IN

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