427 N Gladstone AVE Active Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46201
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Tuxedo Park
MLS Listing ID 22017307
Year Built 1929
Tax Year 2024
Lot Size 5,662 Sqft
Property Description
Great duplex investment opportunity on Indy's East side! Fully occupied. Property is ideal for an investor looking to add to their portfolio or an investor just starting out. Both sides feature 1 bed and 1 bath. 427 unit rents for $700/mo and 429 unit rents for $650/mo. 429 Unit is currently month to month. Plenty of upside potential, Section 8 rents would be $1000 a month or make it a short term at $250 a week. Also great for house hacking, owner live on one side and rent out the other. Owner pays water/sewer. Room sizes are approximate. Seller will not work with wholesalers.
Location
State IN
County Marion
Exterior
Exterior Feature Not Applicable
Roof Type Asphalt
Building
Story One
New Construction false
Schools
School District Indianapolis Public Schools