Indianapolis, IN 46201,339 N Dequincy ST
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Indianapolis, IN 46201,339 N Dequincy ST
Indianapolis, IN 46201,339 N Dequincy ST
Indianapolis, IN 46201,339 N Dequincy ST
Indianapolis, IN 46201,339 N Dequincy ST
Listed by Peter Stewart • Keller Williams Indpls Metro N

$202,000

Est. payment /mo

$199,000

1.5%
Est.Price: ?

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339 N Dequincy ST Indianapolis, IN 46201

6,534 Sqft Lot

SOLD DATE : 01/05/2024

Key Details

Sold Price $202,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Layman & Careys Irvington Park Add

MLS Listing ID 21955632

Sold Date 01/05/24

Year Built 1909

Tax Year 2023

Lot Size 6,534 Sqft

Acres 0.15

Property Description

Discover this remarkable, spacious all-brick duplex nestled in the charming Bosart Brown neighborhood, located on Indy's thriving near eastside. Both units boast 3 bedrooms, 1 full bathroom, and a generous 1394 sq ft of living space each. The 339 side has undergone recent updates and is currently tenant-occupied (with a lease until May 2024), generating $950/month in rental income. Meanwhile, the 337 side is vacant and simply requires some minor cosmetic touch-ups to truly shine. Both units feature stunning hardwood floors, original woodwork details, and full unfinished basements equipped with laundry hookups. Utilities are separately metered, providing decreased operating costs for the owner. The property has been professionally managed by T&H Realty, ensuring hassle-free ownership. A brand-new roof was installed in 2022, and both water heaters have been replaced within the past three years. The rear yard is divided and fully fenced, while the detached 2-car garage is also divided, granting each unit its own private yard and garage space. For savvy investors, a few updates could easily elevate this property's performance, possibly exceeding the 1% rule. Consider converting to Section 8 housing for an additional boost in cash flow. House-hackers will appreciate that a substantial portion of the monthly house payment can be covered by the tenanted side, making this an attractive opportunity. This versatile property offers numerous options - don't miss out! Schedule your showing today to explore its full potential!

Location

State IN

County Marion

Zoning D5

Interior

Heating Forced Air

Cooling Central Electric

Fireplace N

Exterior

Garage Spaces 2.0

Waterfront false

View Y/N true

Roof Type Asphalt

Parking Type Detached

Building

Story Two

Foundation Brick

Architectural Style TraditonalAmerican

Structure Type Brick

New Construction false

Schools

School District Indianapolis Public Schools

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