1522 East Markwood Avenue Indianapolis IN 46227 | Keller Williams Realty

  • 1522 East Markwood Avenue 

  • Indianapolis, IN 46227
  • 3 bed | 1 fullbath | 2120 sqft | Single Family Detached
  • $125,000

  • Est. Monthly Payment: $1,232,123/mo calculator
Agent Photo

Chris Price

cdpe, indianapolis business journal top 35 agent

email image

What is Nearby 46227:

Restaurants Grocery Banks Gas Stations

Need Directions?

Description

Amazing Craftsman in University Heights neighborhood. Walk to UINDY Campus! This college housing home has remained a solid, stable income-producing property for many years. Could also be an amazing campus AirBNB. 3-4 bedrooms in current setup w/ability to add 1-2 more bedrooms. Features historic charm, large patio, wooded lot, fenced yard, full basement, hardwood floors, central A/C & more! New updates including newer siding, 3-dimensional roof, furnace, interior & exterior paint. Property is part of a college housing portfolio, currently leased & managed, & packaged for sale. Currently leased at 1,050/month. Will be blocks away from Indy's new Red Line Transit System. This is a must see amazing turnkey investment package at 8% cap rate!

Interior Features

  • Bedrooms: 3
  • Full Baths: 1
  • Rooms: 9
  • SQFT: 2120

Exterior Features

  • Lot Size: 5227.199883
  • Stories: 2

Utilities

  • Central Air: Central A/C
  • Heating Desc: Natural Gas

Community Details

  • School District: Indianapolis Public Schools

Additional Information

  • County: Marion
  • Property Type: Single Family Detached
  • Ski Subdivision: Elders University Heights
  • Annual Taxes: 1586
  • Year Built: 1950

Request More Information

email image