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321 E 31st Street, Indianapolis, IN 46205

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For Sale
Sale Pending

$350,000

0.12 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0.1 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Attention Investors! This meticulously renovated duplex would be a prime addition to your investment portfolio!! Fully updated in 2023, both units boast a townhome-style layout with identical floor plans. Each unit features 3 bedrooms, 1.5 bathrooms, spanning 1360 square feet, and includes a balcony off the master bedroom. Currently rented at $1600 per month per unit (leases ends 5/25), with tenants responsible for all utilities, this property offers immediate cash flow for it's next owner. Situated on a low-maintenance corner lot in the sought-after Mapleton Fall Creek neighborhood, it presents an attractive investment opportunity for both first time investors and seasoned pros. Conveniently located within a 10-minute drive of downtown and a short distance from popular north side destinations like Broad Ripple, this duplex offers the perfect blend of urban convenience and residential tranquility. Residents will also enjoy easy access to nearby attractions such as the Children's Museum, Newfields, Monon Trail, and the State Fairgrounds, providing ample leisure and recreation options. With its central location, savvy investors also have the potential to convert to a short or medium-term strategy to really maximize cash flow.
MLS# 21976458

Courtesy Of Keller Williams Indianapolis Metro North

(317) 846-6300

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Exterior Type
    Brick, Vinyl Siding
  • Heating System
    Forced Air
  • Lot Size
    0.12 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 321 E 31st Street, Indianapolis, IN 46205

Home seller CENTURY 21 Scheetz

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Scheetz

(317) 844-5111
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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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