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Listed by Max Moore • @properties
$170,000
Est. payment /mo
6,098 Sqft Lot
Active
4918 E New York ST Indianapolis, IN 46201
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Layman & Careys Irvington Park Add
MLS Listing ID 22037439
Year Built 1920
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Duplex
Property Description
Step into this classic 3-bed, 1-bath duplex and let your investment go to work from day one. One side is rented for $880/month to a dream tenant - the kind who built a backyard deck, planted flowers, keeps the yard pristine, and even takes care of small repairs himself. The other side is vacant, cleaned out, and ready for a cosmetic refresh. Original hardwoods are already exposed, and the layout is solid. Capital expenditures? No problem - electrical, HVAC, and water heater have all been updated, giving you a strong foundation to build on. With light cosmetic updates, rents could easily land in the $1,100-$1,250+ range per side. A clean value-add opportunity in a growing pocket of Indy with income on day one and upside on the horizon.
Location
State IN
County Marion
Interior
Fireplace N
Exterior
View Y/N true
View Neighborhood
Building
Story Two
Structure Type Brick
New Construction false
Schools
School District Indianapolis Public Schools
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