427 N Gladstone Avenue
Indianapolis, IN 46201
- – beds
- – baths
- – sqft
- 5,445 sqft lot
- 1929 build
Great duplex investment opportunity on Indy's East side! Fully occupied. Property is ideal for an investor looking to add to their portfolio or an investor just starting out. Both sides feature 1 bed and 1 bath. 427 unit rents for $700/mo and 429 unit rents for $650/mo. 429 Unit is currently month to month. Plenty of upside potential, Section 8 rents would be $1000 a month or make it a short term at $250 a week. Also great for house hacking, owner live on one side and rent out the other. Owner pays water/sewer. Room sizes are approximate. Seller will not work with wholesalers. 427 side is available for go and show until 1/17
Last checked:
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Checking…
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Last updated Jan 10, 2025
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MLS# 22017307 —
The Building
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Year Built:1929
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New Construction:false
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Architectural Style:Bungalow
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Levels:One
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Roof:Asphalt
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Basement:true
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Exterior Features:Not Applicable
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Green Certification:No
Location
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Directions:GPS Friendly
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Latitude:39.774046
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Longitude:-86.095976
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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Parcel Number:491004119272000101
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Acres:<1/4 Acre
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Lot Size Acres:0.13
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Lot Size SqFt:5,445 Sqft
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Price Per Acre:1192308
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Structure Type:Duplex
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Current Use:Apt<20
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Road Access:See Remarks
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (317) 903-9786
- Office phone:
- (317) 412-1572
Taxes
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Tax Lot:17
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Tax Year:2024
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Semi Annual Property Tax Amt:1304
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:Tuxedo Park
Parking
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Parking:On Street
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 |
|---|---|---|---|---|
|
1/9/25
Jan 9, 2025
|
Listed / Active | MIBOR | $155,000 | 19.3% (14.6% / YR) |
|
9/13/23
Sep 13, 2023
|
MIBOR | $129,900 | ||
|
8/15/23
Aug 15, 2023
|
MIBOR | $129,900 |
