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Listed by Justin Capps • Ferris Property Group
$ 275,000
Est. payment | /mo
5,662 Sqft Lot
$ 275,000
Est. payment | /mo
5,662 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Reynolds N Tuxedo
MLS Listing ID 22066271
Year Built 1920
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Duplex
Property Description
Welcome to 717-719 N Grant Ave, an exceptional duplex in the improving near east side neighborhood of Tuxedo Park. Complete exterior updates 7 years ago with a new roof, gutters, siding and windows. On the inside, all was touched 5 years ago. Plumbing, wiring, insulation, drywall, kitchens and bathrooms, etc. This is a great opportunity for a savvy investor or the owner occupant house-hacker that doesn't want to deal with major rehab. This 6 bedroom duplex, a popular floorplan on Indy's eastside, features two identical flipped floorplans, each beginning with a charming covered front porch. Step inside to discover expansive living and dining rooms, bathed in natural light from windows on multiple walls. These light and bright spaces are enhanced with modern recessed lighting, ceiling fans, durable laminate flooring, and a classic under-window storage bench-a signature feature of this beloved floorplan. Like everything, the kitchens in both units were updated just five years ago and boast tile flooring, a stylish tile backsplash, recessed lighting, and appliances that will stay with the property. Each unit offers three spacious bedrooms and one and a half updated bathrooms. Gas and electric are on separate meters. The seller has a water meter system to effectively split water usage for both units. One unit (717) is currently rented for a secure $1,450/month through the Indiana Housing Authority (IHA), with rent almost guaranteed. It recently passed a full IHA inspection, confirming its condition. The other unit (719) is vacant and move-in ready, allowing you to set your own market rent or call it home.
Location
State IN
County Marion
Rooms
Basement Daylight, Exterior Entry, Unfinished
Interior
Heating Electric
Cooling Central Air
Fireplace N
Exterior
Roof Type Shingle
Building
Story Two
Foundation Block
New Construction false
Schools
School District Indianapolis Public Schools
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Lorie Blythe
REALTOR® | Lic# RB18001966