IN > Indianapolis > No Subdivision
Indianapolis, IN 46201,4614 E 16th ST
Indianapolis, IN 46201,4614 E 16th ST
Indianapolis, IN 46201,4614 E 16th ST
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Found It Team

Found It Team

+1(800) 790-7576
Listed by Julie Gibbs • F.C. Tucker Company
$165,995
Est. payment /mo
5,662 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 22063312

Year Built 1958

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Duplex

Property Description

Attention all investors, take a look at this affordable cash flow duplex! Experienced investors as well as newer ones often reference the "ONE PERCENT RULE" for analyzing investments. Those properties are true unicorns. Well, you have just found one! Pro forma gross revenue $1750, which means this property may easily be valued at $175,000. Don't pass this rare gem! You are good to go, both sides are currently rented! Great location, close to shopping, dining, transportation, interstate and all that downtown has to offer!

Location

State IN

County Marion

Rooms

Basement Unfinished

Interior

Fireplace N

Building

Story One

Architectural Style Bungalow

New Construction false

Schools

School District Indianapolis Public Schools

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MIBOR MLS
© 2025 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

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4614 E 16th ST

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