2531 E 10th Street Indianapolis, IN $ 499,999
2531 E 10th Street
$ 499,999
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2531 E 10th Street

Indianapolis, IN, 46201
$ 499,999
Baths0.0

Monthly Estimate*

$ 3,323

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $499,999. This home was built in 1910 on a lot size of 0.14.

Unlock the ultimate investment opportunity with this updated 4-unit property, strategically located just minutes away from downtown Indy. Offering the perfect scenario for savvy buyers interested in house hacking or exploring Airbnb hosting, this property combines prime location with income-generating potential. Live comfortably in one unit while virtually eliminating your housing expenses by renting out the remaining three units. Unit A is currently occupied at $1,200 per month, Unit B commands $1,100 per month in rent, while Unit C, currently vacant, is being marketed at $1,200 per month, with multiple applicants eagerly awaiting approval. Similarly, Unit D, also vacant, is being marketed at $800 per month, with several prospective tenants vying for occupancy. With current market rents on the rise, seize the opportunity to generate substantial monthly income while simultaneously building equity in a sought-after neighborhood. Each unit has been meticulously updated, ensuring hassle-free living for tenants and effortless management for landlords. Delve into the attached list outlining the recent enhancements and comprehensive details on each unit, showcasing the value and investment potential this property holds. With a proven track record as a solid rental property, this is a rare opportunity to embrace the concept of house hacking or capitalize on the lucrative Airbnb market. Don't miss out on this chance to turn your homeownership dreams into reality while paving the way to financial independence.

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Multi-Family Pending

Price

$ 499,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,012

Style

Quadruplex

Lot Size

0.14

Year Built

1910

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21978541

Features
General
Heating Forced Air
Cooling Central Electric
Possession Closing Subject To Tenants Rights
Garage Spaces 4
Year Built 1910
Township Center
Levels Two
Property SubType Fourplex
Tax Year 2023
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name S M Houstons Sub May Wasson & Cos Highland Park
Status Pending
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 3
High School District Indianapolis Public Schools
NumberOfUnitsTotal 4
MLS Area 4912 - Marion - Center Ne
Lot Size Square Feet 5945
Property Condition Updated/Remodeled
Days on Market 3
Structure Type Quadruplex
Standard Status Pending
Tax Lot 5
Buyer Agent Compensation Type %
Legal Description Houston Sub May Wasson & Co Highland Pk L5
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Interior
Basement Cellar
Basement (Y/N) Y
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Exterior
Lot Size Acres 0.14
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* Excluded Features
List By
Exp Realty, Llc

Broker

bryce@homewithhiggins.com

Email

Affordability Calculator

$3,574
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,323
Monthly Property Taxes
$251
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2024$499,999 Listed Price

Map


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2531 E 10th Street, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $499,999 with a lot size of 0.14. 2531 E 10th Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 46201 which is in Indianapolis, IN