$380,000
For Sale

38 Hendricks Place

Indianapolis, IN 46201
Listing OfficeThe Stewart Home Group
Browse 26 photos
Type:Purchase
Structure:2 Family
Zone:Residential

Description

Great Investment Opportunity Near Eastside Downtown Indianapolis! Don't miss this fantastic duplex just minutes from downtown. Each side features 2 bedrooms and 2 bathrooms making it ideal for an owner-occupant looking to live in one unit and rent the other, or for an investor seeking strong cash flow with dual rental income. One side is currently tenant-occupied, generating $1,500 per month in rent, providing immediate income potential. The property also includes smart home features, including a smart TV, smart lighting and smart door locks, and more adding modern convenience and appeal for both tenants and owners. Recent updates include a newer roof (3 years old), updated plumbing, updated electrical, updated paint, flooring, light fixtures and a covered carport with a roll-up garage door for secure off-street parking. Conveniently located near downtown Indianapolis with easy access to major interstates, this property offers a perfect blend of location, updates, and investment potential. Whether you're house hunting or expanding your rental portfolio, this is a must-see opportunity!

  • Property Details
      • Lot DescriptionAccess, Not In Subdivision, Sidewalks
      • Exterior MaterialsSmart Light(s), Smart Lock(s)
      • School DistrictIndianapolis Public Schools
      • BasementEgress Window(s), Finished
      • Property ConditionUpdated/Remodeled
      • SubdivisionState Plaza
      • Property TypePurchase
      • Original List Price$380,000
      • MLS #22042240
      • MLS #22042240
      • CountyMarion
      • Cost380000
      • Property SubtypeDuplex
      • Structure TypeDuplex
      • FoundationBlock
      • Acres0.09
      • Year Built1927

Location

Bernie GoodmanGoodman Group
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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