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602 S Biltmore Avenue Indianapolis, IN $ 274,900
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$ 274,900 Get more info
602 S Biltmore Avenue
$ 274,900
Back to search
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602 S Biltmore Avenue

Indianapolis, IN, 46241
$ 274,900
Baths0.0

Monthly Estimate*

$ 1,920

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $274,900. This home was built in 1968 on a lot size of 0.12.

Welcome to this all-brick duplex! You have so much opportunity to purchase this duplex for your own. You can house hack and move into one side and use an FHA loan to put down 3.5%. You can purchase this duplex as an investment and have a clear line of rental income. You can do both options and even think about building another duplex on the extra land in the back. The options are endless and this property has the value to get you where you want. Unit A (left) side is rented for $950/month and Unit B (right) side is currently rented for $875/month. Tenants pay all utilities and cover lawn maintenance. Come soon to see what your next investment has to offer you!

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Multi-Family Active

Price

$ 274,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,082

Style

Lot Size

0.12

Year Built

1968

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21972008
Features
General
Possession Closing
Year Built 1968
Township Wayne
Levels One
Property SubType Duplex
Tax Year 2023
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Biltmore Gardens
Status Active
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 3
High School District MSD Wayne Township
Total Units 2
MLS Area 4909 - Marion - Wayne
Lot Size Square Feet 5140
Street Name Biltmore
Days on Market 23
Standard Status Active
Tax Lot /0
Buyer Agent Compensation Type %
Legal Description Biltmore Gardens L171
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Exterior
Parking Features Common Gravel
Lot Size Acres 0.12
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Interior
Basement (Y/N) N
Street Suffix Avenue
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* Excluded Features
List By
Re/Max Advanced Realty

Broker

scottchain@indyhomepros.com

Email

Affordability Calculator

$2,260
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,920
Monthly Property Taxes
$340
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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4045008 Elementary School
4045003 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/22/2024$274,900 -5.17% Price Down
4/16/2024$289,900 -3.33% Price Down
4/3/2024$299,900 Listed Price

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602 S Biltmore Avenue, Indianapolis, IN, 46241 is a Multi-Family Home for sale at $274,900 with a lot size of 0.12. 602 S Biltmore Avenue is a studio with 0.0 baths and was built in 1968. The property's zip code is 46241 which is in Indianapolis, IN

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