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Listed by Jamie Suchotzky • Red Hot, REALTORS LLC
$ 725,000
Est. payment /mo
Active
59 W Fall Creek Parkway South DR Indianapolis, IN 46208
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Subdivision Rubens Wildwood
MLS Listing ID 22042813
Year Built 1910
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Fourplex
Property Description
Nestled along the scenic Fall Creek Parkway, this exceptional multi-family property presents a rare opportunity for investors seeking quality rental units in one of Indianapolis's most desirable neighborhoods. This charming property features four well-maintained units, each offering comfortable 2-bedroom, 1-bathroom layouts that appeal to a wide range of potential tenants. Say goodbye to tenant parking woes! This property comes complete with its own dedicated parking lot-a feature that stands out in urban settings and adds significant appeal to prospective renters. The location couldn't be more perfect, with George E. Kessler Park just steps away for outdoor recreation and relaxation. Residents will appreciate the convenience of the nearby Meridian St & Fall Creek/Ivy Tech Station for easy commuting, while Goose The Market provides local grocery shopping within walking distance. Families will value the proximity to the esteemed Herron High School, adding educational value to this investment property's many attributes. Each unit offers practical living spaces with room for personalization, allowing you to create distinctive rental offerings or maintain a consistent appeal across all units. The solid brick exterior speaks to the building's durability and timeless charm, while providing excellent curb appeal. Whether expanding your investment portfolio or entering the multi-family market for the first time, this property offers stable income potential in a neighborhood that continues to grow in popularity and value. Don't miss the opportunity to add this promising multi-family gem to your real estate holdings!
Location
State IN
County Marion
Rooms
Basement Partial
Interior
Fireplace N
Building
Story Two
Structure Type Brick
New Construction false
Schools
School District Indianapolis Public Schools
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