Indianapolis, IN 46241,2409-11 S Lockburn ST
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Indianapolis, IN 46241,2409-11 S Lockburn ST
Indianapolis, IN 46241,2409-11 S Lockburn ST
Indianapolis, IN 46241,2409-11 S Lockburn ST
Indianapolis, IN 46241,2409-11 S Lockburn ST
Listed by Kevin Hudoba • Keller Williams Indpls Metro N

$175,000

Est. payment /mo

$179,900

2.7%
Est.Price: ?

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2409-11 S Lockburn ST Indianapolis, IN 46241

5,227 Sqft Lot

SOLD DATE : 10/11/2024

Key Details

Sold Price $175,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 21984458

Sold Date 10/11/24

Year Built 1940

Tax Year 2023

Lot Size 5,227 Sqft

Acres 0.12

Property Description

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!

Location

State IN

County Marion

Zoning residential

Rooms

Basement Ceiling - 9+ feet, Unfinished

Interior

Fireplace N

Exterior

Garage Spaces 2.0

Waterfront false

Roof Type Asphalt

Parking Type Detached

Building

Story Two

Foundation Block

New Construction false

Schools

School District Indianapolis Public Schools

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