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Listed by Gloria Gear • Keller Williams Indy Metro Partners
$475,000
Est. payment /mo
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Vandeman & Hunters
MLS Listing ID 22111493
Year Built 1910
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Triplex
Property Description
RARE DUPLEX TRIPLEX HYBRID: Fully Renovated with 3 Income Streams! Whether you are looking for a lucrative addition to your portfolio or a high-end house hack where your tenants pay your mortgage, this turnkey property delivers unmatched flexibility and cash flow potential. The Layout & Bonus Suite: Two Modern Units: Each side features a spacious 2 BR / 2 BA layout with modern finishes, open concepts, and independent in-unit laundry. The Secret Weapon: One side features a private studio in-law suite with its own separate entrance. Perfect for an Airbnb/VRBO, a mid-term rental for traveling professionals, or multigenerational living. Upgraded From the Studs Up (Zero CapEx Needed): Skip the renovation headaches. Everything is brand new and engineered for efficiency: All-new electrical, plumbing, and HVAC systems. Whole-house tankless instant hot water system (never run out of hot water). Whole-house water softener for added luxury and appliance longevity. Investment Strategy: Live for Free: Occupy one 2-bedroom unit, rent out the other 2-bedroom unit long-term, and run a high-margin short-term rental out of the studio suite!
Location
State IN
County Marion
Interior
Fireplace N
Exterior
Exterior Feature Balcony
Garage Spaces 2.0
View Y/N true
View Neighborhood
Building
New Construction false
Schools
School District Indianapolis Public Schools
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