$325,000

3250 Central Avenue, Indianapolis, IN 46205

Duplex
Built in 1921
6,534sqft lot
—— car garage
$——/sqft
Listed 7 days ago

Property Description

High-performing duplex featuring two units, each with 3 bedrooms and 1 bath. Both units are currently vacant, providing convenient access for showings and a seamless opportunity to bring the three-bedroom, one-bath units to the proposed market rent of $1,600. Excellent opportunity for immediate cash flow or owner-occupancy. Please note that the current rent roll and trailing 12 months are calculated under the assumption that both units are rented. Schedule your tour today to see the potential for yourself! Investment Highlights: Anchored by Billion-Dollar Developments - IU Medical Campus, Circle Centre Mall Redevelopment, The Cultural Trail Low-Maintenance Portfolio addition with new water heaters and furances Strong Proforma Gross Monthly Income Immediate "Day 1 " Value-Add Low Vacancy Rates in the area

Listing Status:: Active
Listing Office:: Ellsbury Commerical Group : 765-401-1122
Listing Agent:: Justin Lowe : 765-401-1122
MLS ID:: 22077227

Basement: Interior Entry
Heating: Forced Air

General: Two

Originating MLS: mibor
School District: Indianapolis Public Schools
County: Marion

Zoning: Osgoods Wash Blvd L39490624145050000101
View: NeighborhoodView
Current Use: Apt<20

Source: mibor

This listing courtesy of Justin Lowe, Ellsbury Commerical Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

IPS Butler University Laboratory School 60

3330 N Pennsylvania St, Indianapolis, IN, 46205

Grades PK-8

0.28 miles away

IPS Butler University Laboratory School 60

3330 N Pennsylvania St, Indianapolis, IN, 46205

Grades PK-8

0.28 miles away

Shortridge High School

3401 N Meridian St, Indianapolis, IN, 46208

Grades 9-12

0.34 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.