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3247 W Morris Street, Indianapolis, IN 46241

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For Sale

$245,000

2 beds • 1 baths • 968 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $253.10
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Calling All Investors! Rare opportunity to expand your portfolio or secure a high-performing property. This unique lot includes two single-family homes and a pole barn, all situated on one parcel and fully leased beginning October 1st. Each home features 2 bedrooms, 1 bath, and a comfortable living area, ensuring consistent tenant demand. The front home has been upgraded with a new metal roof and a 2-year-old furnace, reducing future maintenance expenses. The pole barn provides additional rental income, further strengthening overall cash flow. This property checks all the boxes for investors looking for stability, strong returns, and long-term growth potential.
MLS# 22062095

Courtesy Of Trueblood Real Estate

(317) 288-5148

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Refrigerator
  • Architecture Style
    Bungalow
  • Exterior Type
    Brick
  • Heating System
    Forced Air
  • Lot Size
    0.29 Acres
  • Rooms
    Basement, Kitchen, Living Room, Loft

Map and Directions

Directions to 3247 W Morris Street, Indianapolis, IN 46241

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) 268-1800
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 © 2025 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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