$350,000
Active
21 Days Online
0 Beds0 Baths0 SQFT
Active

321 E 31st Street Indianapolis, IN 46205

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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.

  • Property TypeMulti-Family
  • NeighborhoodOsgoods 3rd Central Ave Add
  • CountyMarion
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site21 Days
  • MLS StatusActive
  • MLS ID Number21976458
  • Home Size Source Assessor
  • Year Built1912
  • Lot Size0.12 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Traditonal American
  • Construction BrickVinyl Siding
  • Basement Cellar
  • Number of Stories 2
  • Acreage 0.12
  • Property Sub Type Duplex
  • Attached Garage No
  • Property Condition Updated/ Remodeled

Interior Features

  • Cooling Central Electric
  • Heating Forced Air
  • Laundry Features Connections All

Exterior Features

  • Roof Asphalt
  • Waterfront Property No
  • Exterior Balcony
  • Construction Details BrickVinyl Siding

Community Features

  • Township Center
  • MLS Area 4912 - Marion - Center Ne

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Monthly Payment (Est.)

$1,867
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