Investment Opportunity in this updated 2-3 unit, multi-family home with covered porch located in the heart of Beech Grove! Seller currently lives in one unit and rents one of the other two. The previous owner was leasing all (3) units but the current owner has combined units #2 and #3 to be one unit. Main level unit features 2 beds, 1 full bath, updated kitchen with new appliances & tiled backsplash, basement access. 2nd unit features 3 beds, 2 full baths, full kitchen with new appliances. Outback you will find a fenced-in yard, 20x11 covered porch, single car detach garage. Other updates include updated lighting throughout, paint, roof 2yrs old, newer HVAC.
Listing courtesy of MIBOR / Steve Lew Real Estate, LLC
Last checked:
Checking…
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Last updated Apr 18, 2024
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MLS# 21670555 —
The Building
Year Built:
1912
New Construction:
false
Construction Materials:
Vinyl Siding
Architectural Style:
Multi-Level,TraditonalAmerican
Levels:
Three Or More,Basement
Basement:
true
Foundation Details:
Block
Exterior Features:
Driveway Concrete,Fence Partial
Green Certification:
No
Building Information:
Smoke Alarm
Building Area Source:
Assessor
Interior
Laundry:
Connections Some
Location
Directions:
From Albany St, between 1st Ave/Emerson Ave and 13th Ave, go South on 7th Ave. Home will be on the right.
The Property
View:
true
Property Type:
Residential Income
Property Subtype:
1-4 Units Residential
Property Attached:
false
Property Description:
Investment Opportunity in this updated 2-3 unit, multi-family home with covered porch located in the heart of Beech Grove! Seller currently lives in one unit and rents one of the other two. The previous owner was leasing all (3) units but the current owner has combined units #2 and #3 to be one unit. Main level unit features 2 beds, 1 full bath, updated kitchen with new appliances & tiled backsplash, basement access. 2nd unit features 3 beds, 2 full baths, full kitchen with new appliances. Outback you will find a fenced-in yard, 20x11 covered porch, single car detach garage. Other updates include updated lighting throughout, paint, roof 2yrs old, newer HVAC.
Parcel Number:
491028137075000502
Acres:
<1/4 Acre
Lot Number:
19
Lot Information:
Access Alley,Sidewalks,Trees Small
Lot Size:
5314
Lot Size Acres:
0.12
Structure Type:
Duplex
Road Surface Type:
Asphalt
Listing Agent
Contact info:
Agent phone:
(317) 658-2042
Office phone:
(317) 658-2042
Taxes
Tax Year:
2018
Tax Exemptions:
None
Semi Annual Property Tax Amt:
1388
The Listing
Disclosures:
Not Applicable
Inspection Warranties:
Not Applicable
Utilities
Building Utilities:
Municipal Sewer Connected,Municipal Water Connected
Solid Waste:
1
Schools
Schools:
Beech Grove High,Beech Grove Middle,Hornet Park Elementary
School District:
Beech Grove
The Community
Subdivision Name:
BEECH GROVE
Parking
Parking:
1 Car Garage,On Street,2 Car Space
Garage Spaces:
1
Extra Units
# of Units Total:
2
Unit 1 Levels:
2.0000
Unit 1 # of Rooms:
6
Unit 1 Kitchen:
11x09
Unit 1 Beds Total:
3
Unit 1 Master Bedroom:
13x09
Unit 1 Baths Total:
2
Unit 1 Utilities:
ClCntrlAir,FuelGas,HeatForced,HotWtrGas
Unit 1 Miscellaneous:
Eat In Kitchen,Range/Oven,Refrigrater
Unit 1 SqFt:
1224
Unit 2 Levels:
1.0000
Unit 2 # of Rooms:
4
Unit 2 Kitchen:
14x13
Unit 2 Beds Total:
2
Unit 2 Master Bedroom:
14x14
Unit 2 Baths Total:
1
Unit 2 Utilities:
ClCntrlAir,FuelGas,HeatForced,HotWtrGas
Unit 2 Miscellaneous:
Dishwasher,Disposal,Eat In Kitchen,Range/Oven,Refrigrater
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date
Event
Source
Price
% Change
11/12/19
Nov 12, 2019
Sold
MIBOR
$190,000
13.8% (9.1% / YR)
5/9/18
May 9, 2018
MIBOR
$167,000
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Multifamily
Sold
on 11/12/2019
$190,000
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Listing provided by broker:
Steve Lew
Steve Lew Real Estate, LLC
Listing Agents and Buyer’s Agents represent the two sides of a real estate transaction. As a Seller of a home, your Listing Agent represents your interests and will advise, consult and follow your instructions to sell your property at the best possible price and terms.
If you’re a Buyer, a Buyer’s Agent advises you throughout the transaction, helping you get the best deal and advocating for you. The Buyer’s Agent commission is also paid by the Seller, so the Buyer never sees a bill for their service.
Many first time Buyers believe they can work without a Buyer’s Agent and instead use the same agent as the Seller. When both Buyer and Seller use the same agent, known as “dual agency”, it can sometimes save on fees, but it also puts the agent in a conflict of interest, not fully representing either party.
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Listing Courtesy of: MIBOR
and Steve Lew Real Estate, LLC.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.