Indianapolis, IN 46203,1502 Lexington AVE
Indianapolis, IN 46203,1502 Lexington AVE
Indianapolis, IN 46203,1502 Lexington AVE
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Listed by James Gilday • eXp Realty, LLC
$335,000
Est. payment /mo
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2,613 Sqft Lot
New

1502 Lexington AVE Indianapolis, IN 46203

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UPDATED:

02/01/2025 10:42 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Spann & Cos Woodlawn

MLS Listing ID 22019219

Year Built 1880

Tax Year 2023

Lot Size 2,613 Sqft

Acres 0.06

Property Description

Investment opportunity in the highly sought-after Fountain Square neighborhood! This versatile property features two separate rental units, each with its own private entrance, offering privacy and flexibility. The property can also be converted into a single-family home (SFH) or a SFH with an income-generating upstairs unit. Enjoy the fully fenced yard and a charming covered front porch, perfect for relaxing. The bedrooms feature durable LVP flooring installed just two years ago, while the main living areas showcase beautiful hardwood floors. Each unit has its own HVAC system for added convenience. In the downstairs unit, the fridge, dishwasher, microwave, and stove are all 2-5 years old, while the washer and dryer are approximately 15 years old. The upstairs unit includes a washer, dryer, microwave, stove, and dishwasher that are 2-5 years old, with a fridge that is about 10 years old. The downstairs electrical was updated 3-4 years before 2017. Upstairs was upgraded from knob and tube in 2017. All HVAC is from 2017. Located just one mile from downtown Indianapolis, this vibrant area boasts vintage shops, a wide variety of restaurants, an active art scene, live music, and more! Don't miss the chance to invest in this prime location.

Location

State IN

County Marion

Interior

Heating Electric

Cooling Central Electric

Fireplace N

Exterior

Exterior Feature Not Applicable

View Y/N false

Building

Story Two

Foundation Crawl Space

Architectural Style TraditonalAmerican

Structure Type Vinyl Siding

New Construction false

Schools

School District Indianapolis Public Schools


MIBOR MLS

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agent

Jack Aikin

Agent | RBRB19000475

+1(317) 341-1461

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1502 Lexington AVE