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3123 E Michigan Street, Indianapolis, IN 46201

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For Sale

$289,000

0.13 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • 0.1 acres
    Lot size

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

INVESTOR ALERT!! RARE 4-PLEX NOW AVAILABLE!! Don't miss this great opportunity to acquire a turnkey 4 unit property on Indy's near eastside. Excellent location near multiple revitalized neighborhoods, and just minutes into Indy's amazing downtown. Fully tenant occupied so you'll be bringing in income from day one! Units are all 1/1's and the gross rents are currently $2285. Property is all electric. Electricity is separately metered and the tenants pay. Owner pays water/sewer but each tenant is charged $50/mo to cover the expense. Lots of recent updates over the past few years including all new electrical wiring and meters, baseboard heaters, water heaters, water mains, most windows, siding/eaves, appliances, and more! Roof around 13yrs old. Property is professionally managed by the Wilmoth Group. Get your offer in today and add this excellent rental property to your portfolio!
MLS# 21966123

Courtesy Of Keller Williams Indianapolis Metro North

(317) 846-6300

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement
  • Architecture Style
    Other
  • Exterior Type
    Aluminum Siding, Vinyl Siding
  • Heating System
    Baseboard
  • Lot Size
    0.13 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 3123 E Michigan Street, Indianapolis, IN 46201

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) 881-2100
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

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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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