Property to be sold AS-IS. Fully occupied & Cash Flowing Duplex available in the Mars Hill area of Indianapolis. Both sides have 2 bedrooms, & 1 bathroom with 1092sf living space and an unfinished basement. Units are renting for $1050/mo and $1100/mo with leases until Feb and March 2025. Tenants pay utilities. 2 car split garage behind the property gives each tenant one garage spot as well as ample street parking. Recent upgrades include appliances, kitchen cabinets (in one unit), new carpet & paint, new furnace, & replaced sewer line. Property still needs some repairs, and is in great condition for it's age. Perfect 1% rule rental that should qualify easily for a conventional or DSCR financing. Perfect addition to add 2 rental units to your investment portfolio to grow your cash flow and wealth!
Sold
$175,000
2409-11 S Lockburn St, Indianapolis, IN 46241
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1940
-- sqft lot
$177,600 Zestimate®
$--/sqft
$1,340 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 16, 2024 at 03:03pm
Listing Provided by:
Kevin Hudoba Kevin@HudobaRealEstate.com,
Keller Williams Indpls Metro N
Bought with:
Kevin Hudoba
Keller Williams Indpls Metro N
Source: MIBOR as distributed by MLS GRID,MLS#: 21984458

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Main level bathrooms: 4
Appliances
- Laundry: Connections All
Features
- Basement: Ceiling - 9+ feet,Unfinished
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
- Details: Unit Parking(2 Car Garage, On Street)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,227 sqft
Details
- Parcel number: 491120118260000900
- Zoning: residential
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1940
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: No Subdivision
Other
Other facts
- Road surface type: Asphalt
Services availability
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Estimated market value
$177,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$177,600