IN > Indianapolis > Tuxedo Park
Indianapolis, IN 46201,427 N Gladstone AVE
Indianapolis, IN 46201,427 N Gladstone AVE
Indianapolis, IN 46201,427 N Gladstone AVE
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Listed by Richard Graham • Fair Market Value Investment Sales
$155,000
Est. payment /mo
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5,662 Sqft Lot
Active

427 N Gladstone AVE Indianapolis, IN 46201

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Jack Aikin

Jack Aikin

+1(317) 341-1461

UPDATED:

01/28/2025 09:00 PM

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

Acres 0.13

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

Interior

Fireplace N

Exterior

Exterior Feature Not Applicable

Roof Type Asphalt

Building

Story One

Architectural Style Bungalow

New Construction false

Schools

School District Indianapolis Public Schools

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Jack Aikin

Agent | RBRB19000475

+1(317) 341-1461

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427 N Gladstone AVE

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