802 E Raymond ST, Indianapolis, IN 46203
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802 E Raymond ST, Indianapolis, IN 46203
802 E Raymond ST, Indianapolis, IN 46203
802 E Raymond ST, Indianapolis, IN 46203
802 E Raymond ST, Indianapolis, IN 46203
Listed by Randy Myers • Indiana Real Estate Alliance,

$195,000

Est. payment /mo

$199,900

2.5%
Est.Price: ?

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802 E Raymond ST Indianapolis, IN 46203

5,227 Sqft Lot

SOLD DATE : 06/15/2026

Key Details

Sold Price $195,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Hilgemeiers Sub Beatys

MLS Listing ID 22098366

Sold Date 06/15/26

Year Built 1940

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Duplex

Property Description

Fantastic investment opportunity for a turnkey property that has been consistently rented for the past 30 years. This exceptionally maintained property features a maintenance-free exterior with siding and windows updated, as well as newer HVAC systems and water heaters. The units offer excellent hardwood floors and ample closet space. All appliances are included in both units including Washers and dryers. One side currently brings in $675 per month with long-term tenants, Pleasant Run side is ready to rent. There is significant potential to increase rent to $900-$1,000 per month, especially given the included 2 car garage parking and off street parking. Additionally, the property includes a full dry basement-confirmed by photos taken after heavy rains-which could easily be converted into another bedroom or living area with the installation of egress windows. Located just steps away from Garfield Park. Just minutes from Downtown, Fountain Square & Bates Hendricks. Also easy near access to I-65. This is an ideal long-term rental for anyone looking to start or expand their portfolio.

Location

State IN

County Marion

Rooms

Basement Full, Storage Space, Unfinished

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 2.0

Roof Type Asphalt

Building

Story One

Foundation Block

Architectural Style Bungalow, Ranch

New Construction false

Schools

School District Indianapolis Public Schools

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MIBOR MLS

NEARBY SCHOOLS & BUSINESSES

James Wilson

James Wilson

Broker | License ID: RB14027290

+1(317) 289-5969

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