522-526 Prospect Street Indianapolis, IN $ 235,000
522-526 Prospect Street
$ 235,000
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522-526 Prospect Street

Indianapolis, IN, 46203
$ 235,000
Baths0.0

Monthly Estimate*

$ 1,642

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $235,000. This home was built in 1923 on a lot size of 0.15.

Investment opportunity! This triplex and lot next door are ready for you to come along and make it your own!! Located in popular Bates Hendricks, this property can be cash flowing in no time!! Each unit is one bed one bath, upstairs you could add square footage! One unit is currently rented on month to month. The 2nd unit downstairs can be rent ready now with a few touches. Or do an overhaul to get amazing rents or short-term rental. This property is close to everything, downtown, Lilly, hospitals. Could be great for professionals and/or traveling nurses!! The lot next door comes with the property and has a curb cut!! You can build a second property, garage or an outdoor courtyard oasis for your tenants!! Main sewer line was replaced last year!! With the close proximity to everything Indy has to offer, this is a GEM!! Rents can be much higher! Property sold as-is

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Multi-Family Active

Price

$ 235,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.15

Year Built

1923

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21977117

Features
General
Possession Closing
Year Built 1923
Township Center SE
Property SubType Triplex
Tax Year 2023
Current Use Apt<20
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Hendricks
Status Active
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 2.25
High School District Indianapolis Public Schools
Total Units 3
MLS Area 4913 - Marion - Center Se
Lot Size Square Feet 6430
Street Name Prospect
Property Attached Y/N Y
Days on Market 11
Standard Status Active
Tax Lot 48-49
Buyer Agent Compensation Type %
Legal Description HENDRICKS SUB EX IRR TR 15.17FT EL X 7.59FT WL N END L48 OL99 HENDRICKS SUB EX IRR TR N END L49 OL99 22.76' EL X 15.17' WL
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Interior
Basement (Y/N) Y
Street Suffix Street
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Exterior
Lot Size Acres 0.15
Road Surface Type Asphalt
Road Frontage Type City Street
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* Excluded Features
List By
Match House Realty Group Llc

Broker

valerie@matchhouserealty.com

Email

Affordability Calculator

$1,642
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,642
Monthly Property Taxes
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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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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
5/17/2024 $235,000 -11.32% Price Down
5/7/2024 $265,000 Listed Price

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522-526 Prospect Street, Indianapolis, IN, 46203 is a Multi-Family Home for sale at $235,000 with a lot size of 0.15. 522-526 Prospect Street is a studio with 0.0 baths and was built in 1923. The property's zip code is 46203 which is in Indianapolis, IN