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Listed by Hayley Wild • Compass Indiana, LLC
$ 225,000
Est. payment /mo
New
423 N Holmes AVE Indianapolis, IN 46222
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision E G Crawford
MLS Listing ID 22111333
Year Built 1910
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Triplex
Property Description
Completely renovated just three years ago, this triplex offers an excellent investment opportunity with major updates already completed, including new drywall in many areas, fresh interior and exterior paint, updated flooring throughout, newer plumbing and electrical fixtures, updated cabinetry, newer appliances, and beautifully renovated bathrooms featuring new ceramic tile finishes. Conveniently located near downtown Indianapolis and Eskenazi Hospital, the property offers strong rental demand and income potential with market rents estimated at $1,100 per month for Units A and B and $750 per month for Unit C. This property consists of 2 two bedroom units, and 1 one bedroom unit. The property is currently vacant, providing the opportunity for an owner-occupant or investor to lease the units at market rents from day one and maximize returns.
Location
State IN
County Marion
Interior
Fireplace N
Building
Story Two
Architectural Style Other
Structure Type Aluminum Siding
New Construction false
Schools
School District Indianapolis Public Schools
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