959-961 E Mills Avenue Indianapolis, IN $ 230,000
959-961 E Mills Avenue
$ 230,000
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959-961 E Mills Avenue

Indianapolis, IN, 46227
$ 230,000
Baths0.0

Monthly Estimate*

$ 1,607

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $230,000. This home was built in 1929 on a lot size of 0.21.

This duplex is not short on space! This 2 bed, 1.5 bath per unit property offers a total of 1,062 square feet of living space per side. Add to that the 1-car garage per side and full unfinished basement. Situated mere minutes from University of Indianapolis in the University Highlands neighborhood, this property offers a fantastic investment opportunity, whether you're looking for a student rental, a traditional rental, AirBnb, or wanting to house hack. One side is already tenant occupied, generating $950 in monthly rental income, while the other side is vacant. Don't miss out on this one!

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Multi-Family Pending

Price

$ 230,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,368

Style

Lot Size

0.21

Year Built

1929

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21963702

Features
General
Possession Negotiable Subject To Tenants Rights
Garage Spaces 2
Year Built 1929
Township Perry
Levels Two
Property SubType Duplex
Tax Year 2023
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name University Highland
Status Pending
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 3
High School District Perry Township Schools
Total Units 2
MLS Area 4907 - Marion - Perry
Lot Size Square Feet 9060
Street Name Mills
Days on Market 65
Standard Status Pending
Tax Lot 95
Buyer Agent Compensation Type %
Legal Description L95 University Highlands 2nd Sec Ex 15Ft Off E Endalso 45.44Ft X 80Ft S And Adj Beg 518Ft E Of C/Lcamden Ave
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Interior
Basement (Y/N) Y
Street Suffix Avenue
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Exterior
Lot Size Acres 0.21
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* Excluded Features
List By
Highgarden Real Estate

Broker

edonlan@highgarden.com

Email

Affordability Calculator

$1,971
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,607
Monthly Property Taxes
$364
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4044910 Elementary School
4044906 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2024$230,000 -8.00% Price Down
3/11/2024$250,000 -5.66% Price Down
3/5/2024$265,000 -5.36% Price Down
2/14/2024$280,000 Listed Price

Map


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959-961 E Mills Avenue, Indianapolis, IN, 46227 is a Multi-Family Home for sale at $230,000 with a lot size of 0.21. 959-961 E Mills Avenue is a studio with 0.0 baths and was built in 1929. The property's zip code is 46227 which is in Indianapolis, IN