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321 E 31st ST Indianapolis, IN 46205
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Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Osgoods 3Rd Central Ave Add
MLS Listing ID 21976458
Sold Date 06/12/24
Year Built 1912
Tax Year 2022
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Attention Investors! This meticulously renovated duplex would be a prime addition to your investment portfolio!! Fully updated in 2023, both units boast a townhome-style layout with identical floor plans. Each unit features 3 bedrooms, 1.5 bathrooms, spanning 1360 square feet, and includes a balcony off the master bedroom. Currently rented at $1600 per month per unit (leases ends 5/25), with tenants responsible for all utilities, this property offers immediate cash flow for it's next owner. Situated on a low-maintenance corner lot in the sought-after Mapleton Fall Creek neighborhood, it presents an attractive investment opportunity for both first time investors and seasoned pros. Conveniently located within a 10-minute drive of downtown and a short distance from popular north side destinations like Broad Ripple, this duplex offers the perfect blend of urban convenience and residential tranquility. Residents will also enjoy easy access to nearby attractions such as the Children's Museum, Newfields, Monon Trail, and the State Fairgrounds, providing ample leisure and recreation options. With its central location, savvy investors also have the potential to convert to a short or medium-term strategy to really maximize cash flow.
Location
State IN
County Marion
Rooms
Basement Cellar
Interior
Heating Forced Air
Cooling Central Electric
Fireplace N
Exterior
Exterior Feature Balcony
Waterfront false
View Y/N false
Roof Type Asphalt
Building
Story Two
Architectural Style TraditonalAmerican
Structure Type Brick,Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools
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