$145,000
$144,900
0.1%For more information regarding the value of a property, please contact us for a free consultation.
262 E Southern AVE Indianapolis, IN 46225
2,962 Sqft Lot
Key Details
Sold Price $145,000
Property Type Single Family Home
Sub Type Residential Units - 1 to 4
Listing Status Sold
Purchase Type For Sale
Subdivision Madison Terrace
MLS Listing ID 21848397
Sold Date 06/21/22
Year Built 1920
Tax Year 2021
Lot Size 2,962 Sqft
Acres 0.068
Property Description
Great investment opportunity in South Village right next to Garfield Park and Manuel High School. Property is in great condition with both units occupied. Both sides have their own 1 car garage and separate fenced in back yards-Plenty of off street parking in alley-Newer roof and mechanicals-Well maintained and ready to go. Property is slightly under market rent - market is closer to $700-$800/unit.
The left unit is rented for $650/mo - lease ends 4/30/23.
The right unit is rented for $550/mo - Month-to-month tenant that has been a long term tenant. (likely will be moving out this summer)
Location
State IN
County Marion
Interior
Fireplace N
Laundry Connections All
Exterior
Garage Spaces 2.0
Building
Lot Description Corner, Sidewalks, Not In Subdivision
Architectural Style TraditonalAmerican
Structure Type Vinyl Siding
New Construction false
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