$279,000
1409 Marlowe AVE Indianapolis, IN 46201
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Listed by Joshua Vida • Paradigm Realty Solutions
$279,000
Est. payment /mo
4,356 Sqft Lot
Pending
1409 Marlowe AVE Indianapolis, IN 46201
UPDATED:
11/21/2024 06:18 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Arsenal Park
MLS Listing ID 22005202
Year Built 1986
Tax Year 2023
Lot Size 4,356 Sqft
Acres 0.1
Property Description
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.
Location
State IN
County Marion
Interior
Cooling Central Electric
Fireplace N
Exterior
Roof Type Asphalt
Building
Story Two
Architectural Style Victorian
Structure Type Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools
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