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$400,000 -

1701 Woodlawn Avenue Indianapolis IN 46203

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.12
Acres

Welcome to this meticulously maintained duplex in the dynamic neighborhood of Fountain Square, just a stone's throw from Downtown Indianapolis. Presenting a remarkable opportunity for both savvy investors and those looking to dip their toes into the real estate market while offsetting living expenses. This property has been successfully utilized as both a short-term and mid-term rental, demonstrating a robust history of consistent revenue generation. With its dual-unit configuration, investors can continue to leverage its income-producing potential across different rental markets, enhancing both flexibility and financial returns. It's an deal live-in investment for those considering an owner-occupant approach, this duplex offers an optimal solution. Reside in one unit and rent out the other to help cover mortgage costs, effectively reducing living expenses while building equity in a thriving market. Key Features Include: Contemporary kitchens in each unit, complete with all the modern conveniences needed for a turnkey operation. Generously sized living spaces designed to ensure comfort and appeal in the rental market. Strategic separation between units to ensure privacy and tenant satisfaction. This property is located perfectly for growth and convenience situated minutes from downtown, tenants or homeowners can enjoy easy access to Indianapolis's top attractions, culinary hotspots, and retail options. Fountain Square itself is renowned for its vibrant arts scene and community-centric events, boosting the locale's desirability and rental appeal. Don't miss out on this dual-purpose property, ideal for those aiming to invest in a lively area with proven demand and growth potential. A perfect starter investment or a smart addition to your portfolio, ready to generate income from day one.

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Property Details

Price: $400,000 Previously: $400,000 Originally: $400,000 Bathrooms: 0.00 MLS #: 22001556 Year Built: 1955 Township: Center Type: Residential Income Zip Code: 46203 City: Indianapolis Subdivision: Morris & Mills County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • # Acres: 0.12

Listing Office: Dix Realty Group

Office Contact: alex@alexhycherealtor.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 December 27th, 2024 at 11:16am EST.

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