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$194,000 -

837 W Roache Street Indianapolis IN 46208

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.17
Acres

Discover a unique investment opportunity in the heart of downtown Indianapolis. This income-flowing duplex, perfectly positioned near the Children's Museum, Riverside Park, and Newfields, offers a strategic blend of cultural richness and urban convenience. Featuring a 2-bedroom unit on one side and a 3-bedroom unit on the other, both currently tenant-occupied, this property provides immediate returns on your investment. Recent updates including a new roof, water heater, and furnace, allowing you to focus on maximizing your investment. With leases extending through February 2025 for unit 837 and October 2024 for unit 839, stability is already built-in. Property includes 2 lots, lot #9 and #10. Home sits on lot #10 and lot #9 is vacant and could be utilized for a future sale or potential residential development. For those looking to expand their portfolio, consider the potential to bundle this purchase with the adjacent listing at 1062/1064 W Roache Street, offering an even more significant opportunity for growth and revenue. This duplex is a gateway to a vibrant lifestyle and a thriving investment future in one of Indianapolis's most sought-after locations. Don't let this chance slip through your fingers. Schedule your showing now to take the first step towards securing your piece of Indianapolis's vibrant heart.

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Property Details

Price: $194,000 Previously: $194,000 Originally: $199,000 Bathrooms: 0.00 MLS #: 21967118 Year Built: 1910 Township: Center Type: Residential Income Zip Code: 46208 City: Indianapolis Subdivision: A L Roaches County: Marion School District: Indianapolis Public Schools Middle School: Northwest Community Middle School

Interior Features

Interior Features:
  • Cooling: Separate Meters
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • Setting / Lot Description: Access, Curbs, Sidewalks, Street Lights, Mature Trees
  • # Acres: 0.17

Listing Office: Keller Williams Indy Metro S

Office Contact: sold@forneygroup.com

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2024 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on May 9th, 2024 at 7:47am EDT.

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