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2060 N Central Avenue N

Indianapolis, IN 46202
  • $450,000
  • STATUS: Pending
  • ON SITE: 23 Days
  • MLS #: 22037012
Under Contract
$450,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

Attention savvy buyers! OPPORTUNITY - INCOME - APPRECIATION - 4 PLEX - HERRON MORTON - Surrounded by high-end luxury single-family homes and development. All units have private laundry - private entry - All units have central air - All units are all electric. Tenants have one utility bill (electric) - owner pays water and sewer. No gas bills. Fully fenced back yard. Units have original wood work, tile kitchen floors, tile baths, and hardwoods. 3 CAR GARAGE WITH SEPARATE BAYS AND SERVICE DOORS FOR ADDITIONAL INCOME AND STORAGE. *The units and building do need some TLC and rent roll is based on potential.* One block from the new "The Grounds" retail and multi-use development. HUGE UPSIDE with this location and two buildings for generations to come.

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© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Mike Price Realty Team - RE/MAX Centerstone.

Based on information submitted to the MLS GRID as of 2025-07-18T00:25:47.68. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.mikepricerealestate.com/homes/165217627
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2060 N Central Avenue N Indianapolis, IN 46202

  • Price: $450,000
  • Status: Pending
  • On Site: 23 Days
  • MLS #: 22037012
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1900
Built
Neighborhood:
Morton Place
County:
Marion
Area:
4910 - Marion - Center
School District:
Indianapolis Public Schools
Property Description
Attention savvy buyers! OPPORTUNITY - INCOME - APPRECIATION - 4 PLEX - HERRON MORTON - Surrounded by high-end luxury single-family homes and development. All units have private laundry - private entry - All units have central air - All units are all electric. Tenants have one utility bill (electric) - owner pays water and sewer. No gas bills. Fully fenced back yard. Units have original wood work, tile kitchen floors, tile baths, and hardwoods. 3 CAR GARAGE WITH SEPARATE BAYS AND SERVICE DOORS FOR ADDITIONAL INCOME AND STORAGE. *The units and building do need some TLC and rent roll is based on potential.* One block from the new "The Grounds" retail and multi-use development. HUGE UPSIDE with this location and two buildings for generations to come.
Exterior Features

Architectural Style A-FrameCraftsman Construction Materials Wood Exterior Features Balcony Fencing Fence Full Rear Foundation Details BlockBrick Levels Two Lot Information BuslineSidewalksStreet LightsMature Trees Parking Features Alley AccessDetachedConcreteGarage Door Opener Road Access Not Applic Road Surface Type Concrete Roof FlatShingle Structure Type Quadruplex Unit Parking Parking Garage

Interior Features

Basement FullUnfinished Basement YN Yes Heating Forced AirHeat Pump

Property Features

Acres <1/4 Acre Current Financing Exchange - 1031ConventionalExchange Current Use Residential Dpr YN Yes Expenses 1000 Green Certification YN No Laundry Connections All Net Operating Income 55000 New Construction YN No Number Of Units Total 4 Owner Pays TaxesSewerWater Possession Closing Possible Use Residential Property Sub Type Fourplex Semi Annual Property Tax Amt 1525 Solid Waste No Special Listing Conditions Broker Owned Tax Exemption None Tax Year 2024 Tenant Pays ElectricityInsurance Township Center Transaction Type Sale

Listing provided courtesy of Compass Indiana, LLC: kyle@soldwithkyle.com. © 2025 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Mike Price Realty Team - RE/MAX Centerstone.

Based on information submitted to the MLS GRID as of 2025-07-18T00:25:47.68. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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