1357 W Stop 11 Rd - Residential Income FOR SALE


Indianapolis, IN 46217- Glenns Valley
$375,000 USD
317-654-2593

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$375,000 USD
Residential Income - FOR SALE
null | Request Cap Rate

1357 W Stop 11 Rd
Indianapolis, IN 46217
Glenns Valley


OVERVIEW

This income-producing gem brings in $3,900 monthly in rent! Unit A has been refreshed with updated plumbing, electrical, and lighting, while Units B and D have been fully modernized. A common laundry area adds convenience, and the attached garage offers the possibility of converting into a 6th unit. The lease for Unit B ended in July, with other units leased through January 2025. Plus, the property features an updated furnace and water heater, ensuring everything runs smoothly.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$96 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

2.47 AC

LAND SF

107,450 SF

ZONING

R-2

APN/PARCEL ID

49-14-22-131-008.000-500

ASK ABOUT THIS PROPERTY

Connor JonesMark Dietel Realty, LlcMore Info
317-654-2593

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Connor JonesMark Dietel Realty, LlcMore Info
317-654-2593

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.