1148 Olive Street
Indianapolis, IN 46203
- – beds
- – baths
- – sqft
- 5,532 sqft lot
- 1931 build
More homes
Prime investment opportunity in Fountaine Square! This solid duplex, featuring 2 beds and 1 bath on each side, is centrally located for maximum appeal. While in need of a complete interior and exterior renovation, its potential shines through. Surrounding property values soar above $500k promising lucrative returns. Solid rental comps for both long- or short-term AirBnb or VRBO. CASH FLOW CITY!! Don't miss the chance to transform this gem into a lucrative asset in the heart of one of the city's most sought-after neighborhoods.
Last checked:
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Last updated Jan 24, 2025
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MLS# 21977985 —
The Building
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Year Built:1931
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New Construction:false
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Construction Materials:Aluminum Siding
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Architectural Style:Multi-Level, TraditonalAmerican
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Levels:Two
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Roof:Asphalt
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Basement:true
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Basement:Unfinished
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Foundation Details:Brick
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Green Certification:No
Financial & Terms
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Buyer Financing:FHA 203(k)
Location
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Directions:GPS Friendly
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Latitude:39.75101
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Longitude:-86.138692
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Duplex
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Property Attached:true
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Parcel Number:491018185009000101
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Acres:<1/4 Acre
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Lot Features:Access, Sidewalks
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Lot Size Acres:0.13
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Lot Size SqFt:5,532 Sqft
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Price Per Acre:1807692
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Property Condition:Fixer
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Structure Type:Duplex
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Fence:Yes
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Current Use:Residential
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Possible Use:Residential
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Road Access:Not Applic
Listing Agent
- Contact info:
- Agent phone:
- (317) 750-6490
- Office phone:
- (317) 861-7261
Taxes
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Tax Lot:16
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Tax Year:2023
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Tax Exemptions:None
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Semi Annual Property Tax Amt:2518
Utilities
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Solid Waste:Yes
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Martindale
Parking
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Parking:Guest Parking,On Street
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Parking Features:Alley Access
Extra Units
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# of Units Total:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/1/24
Jul 1, 2024
|
Sold | MIBOR | $235,000 | -6.0% |
|
5/16/24
May 16, 2024
|
Pending | MIBOR | $250,000 | |
|
5/13/24
May 13, 2024
|
Listed / Active | MIBOR | $250,000 |
