301 E Southern Avenue, Indianapolis, IN 46225
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
301 E Southern Avenue,Indianapolis, IN 46225
$205,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:andy tresize
Office:compass indiana, llc.
MLS#:22038501
Source:IN_MIBOR
Price summary
- Price:$205,000
About this home
Don't miss this exceptional duplex located in the highly desirable Garfield Park area! With significant investment and revitalization efforts underway, this is a prime opportunity to secure a property in a flourishing neighborhood. Perfect for a first-time homebuyer that wants to use a renovation loan to buy and renovate, or an newer investor that could live on one side and rent the other side out. This duplex is currently occupied by tenants who are on a month-to-month lease, providing $1,950 total/month, with market rent potential of $2,420 total/month. Addresses are 301 and 303 E Southern Ave. Recent updates to the property include a newer roof, fresh paint, modern light fixtures, updated appliances, and renovated kitchen and bathroom, ensuring it's attractive to tenants and requires minimal upkeep. Located conveniently on the west side, this property offers easy access to a variety of amenities, including schools, parks, and shopping centers. Enjoy seamless connectivity to S Meridian St, Raymond St, Madison Ave, and highways I-70/65. Major employment hubs such as 16 Tech, IU Health Methodist Hospital, Eli Lilly, and downtown Indianapolis are just a short commute away, enhancing the property's desirability.
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Home facts
- Year built:1920
- Listing ID #:22038501
- Added:71 day(s) ago
- Updated:September 25, 2025 at 01:28 PM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1920
- Lot area:0.25 Acres
Utilities
- Water:Water
Finances and disclosures
- Price:$205,000
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