Sold for $255,000 Listed for $279,000
This property is not currently for sale or for rent.
Discover an outstanding investment opportunity with this charming duplex located at 1409 and 1411 Marlowe Ave in the heart of Indianapolis. Each side features three spacious bedrooms and one full bathroom, making this property perfect for both seasoned investors and those entering the real estate market. Situated just minutes from downtown Indianapolis, this duplex offers convenient access to the Monon Trail and the vibrant Bottleworks District, known for its shopping, dining, and entertainment. This prime location ensures a strong demand for rentals and great potential for appreciation in value. The open floor plans of both units create a welcoming atmosphere, enhanced by large windows that fill the spaces with natural light. Modern kitchens are equipped with ample counter space and essential appliances, perfect for culinary pursuits. Each unit's three well-sized bedrooms provide comfortable living spaces, while the conveniently located full bathrooms serve essential needs. With separate entrances and utilities, privacy and functionality are maximized for each unit. Investors will find significant potential for passive income, given the growing demand for rental properties in the 46201 zip code. Recent comparable properties highlight strong rental rates, making this duplex an attractive prospect for diversifying any investment portfolio. Don't miss this unique opportunity to own a duplex in a sought-after Indianapolis location. This property is ideal for anyone looking to embark on or expand their real estate journey. Explore the possibilities that 1409 and 1411 Marlowe Ave have to offer! Major renovation has already started on the 1411 Marlowe side. Many materials are there including kitchen cabinets, all bathroom vanities, new Anderson windows, front doors, back door, and HVAC duct work.
GPS Friendly
MLS # | 22005202 |
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Date Listed | 2024-10-04 |
Status | Sold |
Property Type | Multi-Family/Apartments |
Property SubType | Duplex |
New Construction | No |
Style | Victorian |
Type | Duplex |
Year Taxes Payable | 2023 |
Year Built | 1986 |
Days on Market | 49 |
Design | Victorian |
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Cooling | Central Electric |
Construction | Duplex |
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Lot Size | 4,400 sq ft |
Acreage | 0.10 Acres |
Fence | None |
Area | Marion |
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County | Marion |
Subdivision | Arsenal Park |
Township | Center |
City | Indianapolis |
State | IN |
Zip | 46201 |
School District | Indianapolis Public Schools |
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Assoc. Dues | $0.00 |
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MLS# 22005202
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.
Listing Provided Courtesy of Joshua Vida
Paradigm Realty Solutions
jvida@realtyparadigm.com
Listing updated December 12, 2024 at 11:01 am
Last checked 4 minutes ago