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Listed by Cory Robinson • CityPlace Realty
$ 260,000
Est. payment /mo
New
517 Wallace AVE Indianapolis, IN 46201
6,534 Sqft Lot
UPDATED:
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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