926 N Tuxedo Street Indianapolis, IN $ 279,000
926 N Tuxedo Street
$ 279,000
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926 N Tuxedo Street

Indianapolis, IN, 46201
$ 279,000
Baths0.0

Monthly Estimate*

$ 1,949

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $279,000. This home was built in 1910 on a lot size of 0.16.

Welcome to your next investment gem located in the thriving near eastside of Indianapolis. This impeccably remodeled duplex presents an ideal turnkey opportunity for discerning investors seeking stable rental income. Renovated just a few years ago, this duplex offers two spacious units, each with 3 bedrooms, 1 bathroom, and a generous 1232 square feet of living space. Additionally, both units feature full unfinished basements with laundry hookups, providing added convenience and storage options. Currently fully occupied, this property ensures immediate cash flow for investors, with a combined gross rent of $2250 per month. Both leases are set to expire in June, offering the flexibility to renegotiate terms or implement new strategies as desired. Tenants are responsible for all utilities and the property is under professional management, streamlining operations and expenses for the owner. Moreover, with downtown Indianapolis just a quick 10-minute drive away, residents enjoy easy access to urban amenities, employment opportunities, and entertainment options. Situated amidst a backdrop of ongoing development, this duplex is strategically positioned to capitalize on the area's growth and appreciation potential. Don't miss out on this prime opportunity to secure a turnkey rental property in one of Indianapolis' most dynamic areas.

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Multi-Family Active

Price

$ 279,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,002

Style

TraditonalAmerican

Lot Size

0.16

Year Built

1910

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21977680

Features
General
Heating Forced Air
Cooling Central Electric
Possession Subject To Tenants Rights
Roof Asphalt
Architectural Style TraditonalAmerican
Year Built 1910
Tenant Pays All Utilities
Township Center
Levels Two
Property SubType Duplex
Tax Year 2023
Current Use Apt<20
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Adams George F
Status Active
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 2.5
View Y/N N
High School District Indianapolis Public Schools
Total Units 2
MLS Area 4912 - Marion - Center Ne
Lot Size Square Feet 6795
Waterfront Y/N N
Street Name Tuxedo
Property Attached Y/N N
Current Financing Conventional
Additional Parcels Y/N N
Virtual Tour https://indy-realty-pics.aryeo.com/sites/dkzgwqv/unbranded https://indy-realty-pics.aryeo.com/sites/926-928-n-tuxedo-st-indianapolis-in-46201-9234400/branded
Days on Market 1
Structure Type Duplex
Standard Status Active
Tax Lot 32
Buyer Agent Compensation Type %
Legal Description George F Adams Add L32 B11
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Interior
Basement Unfinished
Basement (Y/N) Y
Street Suffix Street
Laundry Features In Basement
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Exterior
Parking Features Alley Access
Lot Features Curbs Sidewalks Mature Trees
Foundation Details Block
Lot Size Acres 0.16
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* Excluded Features
List By
Keller Williams Indpls Metro N

Broker

peter@peterstewartrealty.com

Email

Affordability Calculator

$2,366
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,949
Monthly Property Taxes
$417
Monthly Home Insurance
--
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
5/8/2024 $279,000 Listed Price

Map


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926 N Tuxedo Street, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $279,000 with a lot size of 0.16. 926 N Tuxedo Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 46201 which is in Indianapolis, IN