Price Reduction - Seller Financing
Address
106 N Riley Avenue, Indianapolis, IN
Price
$ 133,000
Property Attributes
  • MLS#21962757
  • TypeMulti-Family
  • CountyMARION
  • CityIndianapolis
  • AreaCenter
  • NeighborhoodCaylors E Wash St Add
  • Zip46201
  • Style
  • Price$ 133,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,534 SqFt
Data Source:
Metropolitan Indianapolis MLS (MIBOR)
Property Description

Great investment with huge upside possible! Many 200/300k comps with 1k per side rents. This home sits perched on a hill, overlooking a mature tree and surrounded by beautiful homes that you can see from your covered front porch. The generous 2 gar garage provides off street parking. This was a single family home converted into 2 units at some point with sperate furnaces and electrical. It is in need of many updates but the location and features like arched doorways would give you many opportunities. Potential for a 3-5 bed, 2 bath SF conversion. Possible seller financing with as little as 10% down for owner occupants and 20% for non-owner occupants. Make sure to do your own due diligence prior to making an offer as this is an as-is sale and buyer needs to know what zoning would allow for a SF or MF use before making an offer.

Price History
2/6/2024 Listed $140,000
2/15/2024 4% - $135,000
2/26/2024 2% - $133,000

General Features

Possession Closing
Year Built 1915
Township Center
Property SubType Duplex
Tax Year 2020
Current Use Vacant
County Marion
New Construction No
Property Type Residential Income
Subdivision Name Caylors E Wash St Add
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 6534
Street Name Riley
Additional Parcels Y/N No
Days on Market 23
Standard Status Active
Tax Lot 1057336
Legal Description A E Caylors E Wash St Add L1 2

Interior Features

Street Suffix Avenue
LivingAreaSource Assessor

Exterior Features

Lot Size Acres 0.15

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 46201

Price
AVG $280K
$130K
Visits
AVG 38
18
Data Provided by Inside Real Estate®
Year Built
AVG 1927
1915

Your Agent

Tina Nohe

REALTOR/ Associate Broker

317-373-4406

Listed By
Scott Wynkoop with Wynkoop Brokerage Firm, LLC; Scott@IndianaREO.com

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