837 W Roache Street
Indianapolis, IN 46208
- – beds
- – baths
- – sqft
- 7,500 sqft lot
- 1910 build
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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Last updated Apr 10, 2024
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MLS# 21967118 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
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).
Max Internet Speed
Provided by BroadbandNow®
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 |
|---|---|---|---|---|
|
4/5/24
Apr 5, 2024
|
Price Changed | MIBOR | $194,000 | -2.5% |
|
3/22/24
Mar 22, 2024
|
Relisted | MIBOR | $199,000 | |
|
3/14/24
Mar 14, 2024
|
Pending | MIBOR | $199,000 |