517 Wallace AVE new

Indianapolis,IN 46201

$ 260000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Emerson Heights

MLS Listing ID 21991406

Year Built 1920

Tax Year 2023

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Duplex

Property Description

Attention investors and house hackers, rare opportunity to invest in an well-maintained Emerson Heights two bed, one and half bath duplex. Both units feature original hardwoods, tile tub surrounds, oak cabinets in kitchen & baths. New roof and gutters in 2022. Totally remodeled in early 2000's to the studs with all new copper supply, PVC drains and new 200amp service. Insulated exterior walls. Large private decks off each back door to make a large two bed feel even bigger. 24x24 slab w/footing for garage build. Fenced in back yard. Both units are leased below market to very long term tenants with leases expiring Oct 31st 2025.

Location

State IN

County Marion

Interior

Heating Forced Air,Natural Gas

Cooling Central Air

Fireplace N

Exterior

Exterior Feature Barn Mini

Roof Type Asphalt

Building

Story Two

Foundation Block

Architectural Style Craftsman

Structure Type Wood Siding

New Construction false

Schools

School District Indianapolis Public Schools

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