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Listed by Tasheana Hanza • Hanza Realty, LLC
$ 229,000
Est. payment /mo
Active
1201 Wade ST Indianapolis, IN 46203
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Julian Etal Spring Gardens South
MLS Listing ID 22114118
Year Built 1929
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Duplex
Property Description
Excellent investment opportunity just minutes from Garfield Park! This unique property features two completely separate homes on one parcel, each with its own utilities, central A/C, private living space, and fenced yard access. The front home currently rents for $1,255/month and the rear home rents for $1,045/month, providing immediate rental income. Conveniently located near Garfield Park, shopping, restaurants, and public transportation, with easy access to downtown Indianapolis. Please note: The interior photos were taken prior to the current tenants moving in. We chose not to publish photos containing the tenants' personal belongings to respect their privacy. Additional interior photos are available upon request. Property is tenant occupied. Showings will be scheduled after an accepted offer to minimize disruption to the residents. Buyer inspections and walkthroughs will be completed during the due diligence period. Whether you're looking to add to your portfolio or own a property with two standalone rental homes, this is a rare opportunity in an area seeing continued investment and growth.
Location
State IN
County Marion
Zoning Residential
Rooms
Basement Unfinished
Interior
Cooling Central Air
Fireplace N
Exterior
Garage Spaces 2.0
Building
Story One
New Construction false
Schools
School District Indianapolis Public Schools
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