Price Reduction
Address
2027/2029 Lexington Avenue, Indianapolis, IN
Price
$ 220,000
Property Attributes
  • MLS#21961297
  • TypeMulti-Family
  • CountyMARION
  • CityIndianapolis
  • AreaCenter
  • NeighborhoodGeyers
  • Zip46203
  • Style
  • Year Built1903
  • Taxes$ 2552
  • Price$ 220,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size8,276 SqFt
Data Source:
Metropolitan Indianapolis MLS (MIBOR)
Property Description

Situated just moments from the vibrant Fountain Square. This duplex offers a unique investment opportunity, in a prime location. Enjoy the convenience of near by dining, shopping and entertainment options all with in a short distance. The property currently features a duplex configuration, ideal for generating rental income. Each unit offers distinct living spaces, providing privacy and comfort for potential tenants. One of the standout features is the expansive lot. The size of the parcel not only accentuates the duplex but also presents the potential for further development. Given the considerable size of the parcel, there's an opportunity to split the lot and build two single-family homes. The option adds significant value for those looking to invest in a growing area. While the property requires improvements, it's also a blank canvas.

Price History
1/29/2024 Listed $240,000
2/2/2024 9% - $220,000

General Features

Possession Closing
Garage Spaces 3
Year Built 1903
Township Center
Levels Two
Property SubType Duplex
Tax Year 2022
Current Use Residential
County Marion
New Construction No
Property Type Residential Income
Subdivision Name Geyers
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Total Units 2
MLS Area 4913 - Marion - Center Se
Lot Size Square Feet 8407
Street Name Lexington
Days on Market 13
Standard Status Active
Tax Lot 49-10-07-141-034.000-101
Legal Description Geyer Et Al Sub Dunlop Add L18 & L19

Interior Features

Basement (Y/N) Yes
Street Suffix Avenue
LivingAreaSource Broker

Exterior Features

Parking Features Detached
Lot Size Acres 0.19

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 46203

Price
AVG $240K
$220K
Taxes
AVG $2,339
$2,552
Visits
AVG 9
6
Data Provided by Inside Real Estate®
Year Built
AVG 1911
1903

Your Agent

Tina Nohe

REALTOR/ Associate Broker

317-373-4406

Listed By
Jessica Burdine with The Great 8 Real Estate LLC; Jessica@tg8-usa.com

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