214 N Forest AVE Active Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46201
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Clem & Gants
MLS Listing ID 22071137
Year Built 1920
Tax Year 2024
Lot Size 3,484 Sqft
Property Sub-Type Duplex
Property Description
Investor Special or Owner-Occupant Opportunity! Discover the potential in this duplex featuring 1 bedroom and 1 bathroom per side, each with private basement access and washer/dryer hookups. Both units have separate gas and electric meters. Unit 216 is move-in ready, while Unit 214 offers instant equity with just a little TLC and cosmetic updating. Perfect for house hacking-live on one side while renting the other, or add this solid income-producing property to your investment portfolio. Rental comps in the area average $950-$1,050 per side, and surrounding homes are selling in the $300K+ range. Looking to get creative? With a full rehab, this could easily be converted into a spacious single-family home. The possibilities are endless with this hidden gem in a prime location!
Location
State IN
County Marion
Interior
Heating Forced Air
Exterior
Garage Spaces 1.0
Building
Story One
Foundation Block,Crawl Space
Structure Type Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools