2825-2827 E Michigan Street Indianapolis, IN $ 120,000
2825-2827 E Michigan Street
$ 120,000
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2825-2827 E Michigan Street

Indianapolis, IN, 46201
$ 120,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 829

2825-2827 E Michigan Street, Indianapolis, IN 46201 - Image 1

Multi-Family Home for sale in Indianapolis, IN

for $120,000 with 4 bedrooms and 2 full baths. This home was built in 1923 on a lot size of 0.0368.

This duplex offers two separate units, each featuring 2 bedrooms and 1 full bathroom. The property is in need of renovation and provides a great opportunity for an investor looking to add value and build rental income potential. With a total of 4 bedrooms and 2 bathrooms between both units, there is plenty of potential to renovate, rent, and hold or reposition for resale. Property is being sold As-Is. Bring your vision and make this duplex your next investment project! Sold as a package deal. No exemptions on taxes

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Multi-Family Active

Price

$ 120,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,856

Style

Duplex

Lot Size

0.0368

Year Built

1923

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

845967

Features
Interior
Interior Amenities None
Fireplace Y/N N
Above Grade Finished Area 1064
Half Baths 0
3/4 Baths 0
Total Bedrooms 4
Total Baths 2
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General
Sewer Public Sewer
Heating Natural Gas
Appliances None
Pets Allowed Cats OK Dogs OK
Year Built 1923
View Neighborhood
Township Center
Levels One and One Half
Property Subtype Duplex
Tax Year 2025
County Marion
New Construction N
Property Type Residential Income
Subdivision Name 2825 E Michigan St Condos
Garage Y/N N
Total Rooms 8
Full Baths 2
Status Active
Directions from i65- Exit Michigan St to address
City Indianapolis
Lot Size Square Feet 1603.01
Listing Terms Cash Conventional
Tax Annual Amount 6856
Property Condition Fixer
Lease Considered Y/N N
Standard Status Active
Tax Assessed Value 137000
Legal Description 2825 E MICHIGAN ST CONDOMINIUMS UNIT A
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Exterior
Parking Features Off Street
Lot Features Back Yard Front Yard
Water Source Public
Lot Size Acres 0.0368
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Georgeann Weisman

Listing Agent

Brokerworks Group

Broker

gweisman13@yahoo.com

Email

Affordability Calculator

$1,400
Per Month
59%
41%
0%
Monthly Principal & Interest
$829
Monthly Property Taxes
$571
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/27/2026$120,000 Listed Price

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2825-2827 E Michigan Street, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $120,000 with a lot size of 0.0368. 2825-2827 E Michigan Street has 4 bedrooms, 2.0 baths, and was built in 1923. The property's zip code is 46201 which is in Indianapolis, IN