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301 E Southern Avenue, Indianapolis, IN 46225
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$205,000
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Home Details for 301 E Southern Avenue
Price
$205,000
Type
Multi Family
Year Build
1920
Lot Size
0.25
County
Marion
Basement
Unfinished
MLS®️ Listing#
22038501
On exitrealty.com
151 days
Property Description
Don't miss this exceptional duplex located in the highly desirable Garfield Park area! With significant investment and revitalization efforts underway, this is a prime opportunity to secure a property in a flourishing neighborhood. Perfect for a first-time homebuyer that wants to use a renovation loan to buy and renovate, or an newer investor that could live on one side and rent the other side out. This duplex is currently occupied by tenants who are on a month-to-month lease, providing $1,950 total/month, with market rent potential of $2,420 total/month. Addresses are 301 and 303 E Southern Ave. Recent updates to the property include a newer roof, fresh paint, modern light fixtures, updated appliances, and renovated kitchen and bathroom, ensuring it's attractive to tenants and requires minimal upkeep. Located conveniently on the west side, this property offers easy access to a variety of amenities, including schools, parks, and shopping centers. Enjoy seamless connectivity to S Meridian St, Raymond St, Madison Ave, and highways I-70/65. Major employment hubs such as 16 Tech, IU Health Methodist Hospital, Eli Lilly, and downtown Indianapolis are just a short commute away, enhancing the property's desirability.
- Heating Information
- Forced Air
- Natural Gas
- Parking
- On Street
- Basement
- Unfinished
Listing Courtesy: Compass Indiana, LLC - 317-563-5051
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Last Updated: 2026-01-09 21:13:48
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Market statistics compiled from data from Metropolitan Indianapolis Board of REALTORS.
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$205,000
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EXIT STRATEGY REALTY
833 Lincoln Highway #410 E-5, Schererville, IN 43675