Indianapolis, IN 46208,630 W 41st ST
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Indianapolis, IN 46208,630 W 41st ST
Indianapolis, IN 46208,630 W 41st ST
Indianapolis, IN 46208,630 W 41st ST
Indianapolis, IN 46208,630 W 41st ST
Listed by Peter Stewart • Keller Williams Indpls Metro N

$160,000

Est. payment /mo

$150,000

6.7%
Est.Price: ?

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630 W 41st ST Indianapolis, IN 46208

4,356 Sqft Lot

SOLD DATE : 04/25/2024

Key Details

Sold Price $160,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Culver Riggs & Lynns

MLS Listing ID 21970725

Sold Date 04/25/24

Year Built 1942

Tax Year 2023

Lot Size 4,356 Sqft

Acres 0.1

Property Description

Nestled in the vibrant Butler-Tarkington neighborhood, this charming duplex offers a prime investment opportunity amidst the area's ongoing revitalization. Boasting a perfect blend of character and potential, this well-maintained property presents an enticing prospect for investors and house hackers alike. Each unit features 1br/1ba (581sq ft) providing comfortable living spaces, while also offering separate, unfinished basements for additional storage and laundry areas. One side of the duplex is currently occupied, generating $800 per month (lease ends 7/31/24). Meanwhile, the other side stands vacant and rent-ready, presenting an excellent chance for immediate occupancy or rental. All utilities are separately metered. Situated in a highly sought-after location, residents will enjoy easy access to downtown Indianapolis, major thoroughfares, Broad Ripple, the State Fairgrounds, Newfields, the Monon Trail, and much more! The neighborhood's ongoing revitalization adds to its appeal, with new builds and renovated homes sprinkled around the area. Furthermore, the property's proximity to Butler University makes it an attractive option for students, faculty, and staff seeking convenient housing solutions. Investors stand to benefit from the property's immediate cash flow potential, with one unit already generating income and the other primed for immediate occupancy. House hackers, on the other hand, can seize the chance to offset their mortgage expenses by living in one unit while renting out the other, thereby building equity and maximizing their investment potential. Don't miss out on this rare opportunity to be a part of one of Indianapolis's most promising neighborhoods. Schedule a viewing today and take the first step towards becoming a part of the exciting growth story unfolding in Butler-Tarkington!

Location

State IN

County Marion

Rooms

Basement Daylight/Lookout Windows, Partial, Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace N

Exterior

View Y/N false

Roof Type Asphalt

Building

Story One

Foundation Block

Architectural Style Ranch

Structure Type Vinyl Siding

New Construction false

Schools

School District Indianapolis Public Schools

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MIBOR MLS
agent

James Wilson

Broker | License ID: RB14027290

+1(317) 289-5969

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