7 South Galeston Indianapolis, IN 46229

$179,900
21574120

Multi-Family Home for sale in Indianapolis, IN

for $179,900. This home was built in 1962 on a lot size of 7710.

Property Information

  • $179,900
  • Multi-Family
  • Triplex
  • Active
  • Lot size of 7710
  • Built in 1962
  • Indianapolis, IN
  • Coulters East Highlands Neighborhood
  • Marion County
  • MLS/Web ID is 21574120
  • Broker is King James Realty
  • Just Listed

Description

Cash Cow! Excellent location for easy renting....although current long tenants don't want to leave.....just resigned annual leases to expire 5/31/2019. $29k Gross Income per year....do the math. Plus, this property comes with an additional lot that new owner can build a single, double, or 2200 sq. ft garage on. Right on the bus line on frontage road of East Washington and Post Road.....Warren Schools! Close to I-70 and I-465 and walking distance to shopping and malls. All one level. This would be an excellent property to turn into an Assisted Living facility as well. Unique opportunity. Seller owns property on corner across from this property that he would sell as well, but not included in this sale.

Interior 3

Building Amenities

  • Storage

Sewer

  • Municipal
  • Storm Sewer

Water Source

  • Municipal

Exterior 7

Driveway

  • Stone/Gravel

Exterior

  • Aluminium
  • Storage / Out Building / Shed

Fence

  • Full

Foundation

  • Crawl
  • Slab

Lot Description

  • Corner

Parking

  • 1-20 Parking Spaces
  • Parking Lot

Siding

  • Brick

Miscellaneous 3

Public Transportation Location

  • Bus Route

Restrictions

  • Smoking Restricted

Utilities

  • Cable
  • Gas

Rental 2

Landlord Pays

  • Insurance
  • Sewer
  • Taxes
  • Trash/Garbage Pickup
  • Water

Tenant Pays

  • All Utilities
  • Cable
  • Carpet Cleaning
  • Electric
  • Gas
  • Lawn Maintenance

† Excluded Feature

Neighborhood & Schools

School District: Warren Township

 See complete school information

Listed By

Broker: KING JAMES REALTY

7 South Galeston , Indianapolis, IN, 46229 is a Multi-Family Home for sale at $179,900 with a lot size of 7710. 7 South Galeston has 0.0 baths and was built in 1962. The property's zip code is 46229 which is in Indianapolis, IN

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Market Pricing

Average % of sale price Median % of sale price
All listings in Indianapolis $416,865 132 % above $254,900 42 % above
Multi-family listings in Indianapolis $264,772 47 % above $169,900 6 % below
Sold listings in Indianapolis $127,039 29 % below $35,375 80 % below

Get the facts about Indianapolis, IN!

Population 843,184
Population Growth (since 2000) 8 %
Median Income $43,160
Median Age 35.24
Households w/ Children 29 %

Residential Dwellings

  • Owned 191916
  • Vacant 46891
  • Rented 150476

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