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Listed by Luci Chalian • CENTURY 21 Scheetz
$595,000
Est. payment /mo
1.1 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22091296
Year Built 1950
Tax Year 2024
Lot Size 1.100 Acres
Acres 1.1
Property Sub-Type Duplex
Property Description
This unique duplex offers incredible flexibility for investors, owner-occupants, or multi-generational living. Whether you choose to live in one side and rent the other, operate both units as income-producing rentals, or accommodate extended family, this property provides multiple ways to maximize its potential. Both units have been thoughtfully updated with new flooring, modern kitchens, and renovated bathrooms, making them turnkey and ready for immediate use. The property has a proven track record as a successful Airbnb, with one side operating for over three years and the other for 1.5 years, consistently generating income. Each unit offers spacious living with three bedrooms. One side features two bathrooms, while the other includes one bathroom, providing comfortable layouts for guests, tenants, or family members. The property also includes a 3-car garage with the potential to build out an additional one-bedroom apartment above, creating an opportunity for even more rental income or a private guest suite. Situated on 1.1 acres - a rare find in this area - with no HOA, the property offers space, privacy, and flexibility. Conveniently located with easy access to downtown, I-70, and I-465, making commuting, travel, and access to city amenities simple. Additional highlights include new appliances, washer and dryer included in both units, and hot tubs that convey with the property, enhancing the appeal for short-term rental guests or long-term residents. With multiple income streams, expansion potential, and a prime location, this property is a rare opportunity.
Location
State IN
County Marion
Rooms
Basement Daylight, Partial, Unfinished
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Exterior Feature Fire Pit
Garage Spaces 3.0
View Y/N false
Roof Type Shingle
Building
Story One
Foundation Block, Crawl Space, Partial
Architectural Style Ranch
Structure Type Stone,Vinyl Siding
New Construction false
Schools
School District Msd Warren Township
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