1701 Woodlawn Avenue Indianapolis, IN 46203

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Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
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Duplex • 69Y Old

$400,000

1701 Woodlawn Avenue

0.12 Acres
Property Description

Welcome to this meticulously maintained duplex in the dynamic neighborhood of Fountain Square, just a stone's throw from Downtown Indianapolis. Presenting a remarkable opportunity for both savvy investors and those looking to dip their toes into the real estate market while offsetting living expenses. This property has been successfully utilized as both a short-term and mid-term rental, demonstrating a robust history of consistent revenue generation. With its dual-unit configuration, investors can continue to leverage its income-producing potential across different rental markets, enhancing both flexibility and financial returns. It's an deal live-in investment for those considering an owner-occupant approach, this duplex offers an optimal solution. Reside in one unit and rent out the other to help cover mortgage costs, effectively reducing living expenses while building equity in a thriving market. Key Features Include: Contemporary kitchens in each unit, complete with all the modern conveniences needed for a turnkey operation. Generously sized living spaces designed to ensure comfort and appeal in the rental market. Strategic separation between units to ensure privacy and tenant satisfaction. This property is located perfectly for growth and convenience situated minutes from downtown, tenants or homeowners can enjoy easy access to Indianapolis's top attractions, culinary hotspots, and retail options. Fountain Square itself is renowned for its vibrant arts scene and community-centric events, boosting the locale's desirability and rental appeal. Don't miss out on this dual-purpose property, ideal for those aiming to invest in a lively area with proven demand and growth potential. A perfect starter investment or a smart addition to your portfolio, ready to generate income from day one.

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Property
MLS # 22001556
Date Listed 2024-09-14
Status Active
Property Type Multi-Family/Apartments
Property SubType Duplex
New Construction No
Type Duplex
Year Taxes Payable 2023
Year Built 1955
Days on Market 101
External Features
Construction Duplex
Lot Size 5,140 sq ft
Acreage 0.12 Acres
Fence None
Location
Area Marion
County Marion
Subdivision Morris & Mills
Township Center
City Indianapolis
State IN
Zip 46203
Schools
School District Indianapolis Public Schools
Financial
Assoc. Dues $0.00

MLS# 22001556
Listing Provided Courtesy of Alexandria Hyche
Dix Realty Group
alex@alexhycherealtor.com

Listing updated September 14, 2024 at 6:01 pm
Last checked 19 minutes ago

IDX information provided by the MIBOR REALTOR® Association. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Learn More About 1701 Woodlawn Avenue

Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
Email
Agent to Contact

By clicking "Message Agent", you agree to be contacted by Sarah Hubley about your request. Please see our Privacy Policy.