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Listed by James Gilday • eXp Realty, LLC
$ 335,000
Est. payment /mo
Pending
1502 Lexington AVE Indianapolis, IN 46203
2,613 Sqft Lot
UPDATED:
02/03/2025 06:04 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Spann & Cos Woodlawn
MLS Listing ID 22019219
Year Built 1880
Tax Year 2023
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Duplex
Property Description
Investment opportunity in the highly sought-after Fountain Square neighborhood! This versatile property features two separate rental units, each with its own private entrance, offering privacy and flexibility. The property can also be converted into a single-family home (SFH) or a SFH with an income-generating upstairs unit. Enjoy the fully fenced yard and a charming covered front porch, perfect for relaxing. The bedrooms feature durable LVP flooring installed just two years ago, while the main living areas showcase beautiful hardwood floors. Each unit has its own HVAC system for added convenience. In the downstairs unit, the fridge, dishwasher, microwave, and stove are all 2-5 years old, while the washer and dryer are approximately 15 years old. The upstairs unit includes a washer, dryer, microwave, stove, and dishwasher that are 2-5 years old, with a fridge that is about 10 years old. The downstairs electrical was updated 3-4 years before 2017. Upstairs was upgraded from knob and tube in 2017. All HVAC is from 2017. Located just one mile from downtown Indianapolis, this vibrant area boasts vintage shops, a wide variety of restaurants, an active art scene, live music, and more! Don't miss the chance to invest in this prime location.
Location
State IN
County Marion
Interior
Heating Electric
Cooling Central Electric
Fireplace N
Exterior
Exterior Feature Not Applicable
View Y/N false
Building
Story Two
Foundation Crawl Space
Architectural Style TraditonalAmerican
Structure Type Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools
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