4328 E Michigan Street Indianapolis, IN $ 99,900
4328 E Michigan Street
$ 99,900
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4328 E Michigan Street

Indianapolis, IN, 46201
$ 99,900
Baths0.0

Monthly Estimate*

$ 698

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $99,900. This home was built in 1922 on a lot size of 0.11.

Come check out this nearly completed duplex on E Michigan! With minor finishing touches this property has potential be a high cash flowing investment! This property consists of 2 studio style units with updates including newer roof, siding, electrical, windows, plumbing & more! Rent to section 8 tenants for a potentially much higher return, current 2024 FMR for Indianapolis studio units are up to $982.

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Multi-Family Active

Price

$ 99,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,884

Style

Lot Size

0.11

Year Built

1922

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21970321

Features
General
Heating Baseboard
Cooling None
Possession Closing
Year Built 1922
Township Center
Levels One
Property SubType Duplex
Tax Year 2023
Current Use Vacant
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Tuxedo Park
Status Active
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 2.5
Disclosures Not Applicable
High School District Indianapolis Public Schools
Total Units 2
MLS Area 4912 - Marion - Center Ne
Lot Size Square Feet 4800
Street Name Michigan
Days on Market 36
Standard Status Active
Tax Lot 7
Buyer Agent Compensation Type %
Legal Description Tuxedo Park Add L7 & L8 B14
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Interior
Basement (Y/N) N
Street Suffix Street
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Exterior
Lot Size Acres 0.11
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* Excluded Features
List By
Keller Williams Indy Metro S

Broker

shoughton@kw.com

Email

Affordability Calculator

$855
Per Month
82%
18%
0%
Monthly Principal & Interest
$698
Monthly Property Taxes
$157
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
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/26/2024$99,900 -4.86% Price Down
3/23/2024$105,000 Listed Price

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4328 E Michigan Street, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $99,900 with a lot size of 0.11. 4328 E Michigan Street is a studio with 0.0 baths and was built in 1922. The property's zip code is 46201 which is in Indianapolis, IN