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1148 Olive Street Indianapolis, IN $ 250,000
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$ 250,000 Get more info
1148 Olive Street
$ 250,000
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1148 Olive Street

Indianapolis, IN, 46203
$ 250,000
Baths0.0

Monthly Estimate*

$ 1,662

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $250,000. This home was built in 1931 on a lot size of 0.13.

Prime investment opportunity in Fountaine Square! This solid duplex, featuring 2 beds and 1 bath on each side, is centrally located for maximum appeal. While in need of a complete interior and exterior renovation, its potential shines through. Surrounding property values soar above $500k promising lucrative returns. Solid rental comps for both long- or short-term AirBnb or VRBO. CASH FLOW CITY!! Don't miss the chance to transform this gem into a lucrative asset in the heart of one of the city's most sought-after neighborhoods.

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Multi-Family Pending

Price

$ 250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,036

Style

Multi-Level,TraditonalAmerican

Lot Size

0.13

Year Built

1931

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21977985
Features
General
Possession Closing
Roof Asphalt
Architectural Style Multi-Level TraditonalAmerican
Construction Materials Aluminum Siding
Year Built 1931
Township Center
Levels Two
Property SubType Duplex
Tax Year 2023
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Martindale
Possible Use Residential
Status Pending
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 1.5
High School District Indianapolis Public Schools
NumberOfUnitsTotal 2
MLS Area 4912 - Marion - Center Ne
Lot Size Square Feet 5532
Street Name Olive
Property Attached Y/N Y
Property Condition Fixer
Days on Market 4
Structure Type Duplex
Standard Status Pending
Tax Lot 16
Buyer Agent Compensation Type %
Legal Description Martindales S Add L16 B2
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Interior
Basement Unfinished
Basement (Y/N) Y
Street Suffix Street
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Exterior
Parking Features Alley Access
Lot Features Access Sidewalks
Foundation Details Brick
Lot Size Acres 0.13
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* Excluded Features
List By
Monteith-Legault Real Estate C

Broker

josh@monteithlegault.com

Email

Affordability Calculator

$2,081
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,662
Monthly Property Taxes
$420
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/13/2024$250,000 Listed Price

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1148 Olive Street, Indianapolis, IN, 46203 is a Multi-Family Home for sale at $250,000 with a lot size of 0.13. 1148 Olive Street is a studio with 0.0 baths and was built in 1931. The property's zip code is 46203 which is in Indianapolis, IN

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