936 N Alabama Street
Indianapolis, IN 46202
- – beds
- – baths
- – sqft
- 1,742 sqft lot
- 1890 build
More homes
Discover a prime investment opportunity in the vibrant St. Joseph neighborhood of downtown. This charming row house, free of HOA restrictions, features three distinct 1-bedroom units, each equipped with its own washer and dryer for added convenience. Located just a short stroll from an array of restaurants and entertainment options, this property is ideally positioned to attract both long-term and potentially short-term tenants. Two of the three units have been recently upgraded. All three units are currently leased, with two occupied by reliable long-term tenants on a month-to-month lease and the third unit also generating steady rental income. This property offers the perfect blend of urban accessibility and investment stability. Don't miss out on this exceptional chance to enhance your real estate portfolio in one of downtown's most sought-after neighborhoods.
Last checked:
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Last updated Nov 6, 2024
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MLS# 22000567 —
The Building
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Year Built:1890
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New Construction:false
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Architectural Style:Multi-Level
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Levels:Multi/Split
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Basement:true
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Basement:Apartment, Egress Window(s), Finished
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Foundation Details:Brick
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Exterior Features:Not Applicable
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Security Features:Carbon Monoxide Detector(s), Fire Alarm
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Green Certification:No
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Gross Area SqFt:2610
Interior
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Laundry Features:Other
Financial & Terms
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Buyer Financing:Conventional
Location
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Directions:GPS Friendly
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Latitude:39.780422
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Longitude:-86.152331
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Triplex
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Parcel Number:491101223045000101
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Acres:<1/4 Acre
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Lot Features:City Lot
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Lot Size Acres:0.04
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Lot Size SqFt:1,742 Sqft
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Price Per Acre:8250000
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Additional Parcels:false
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Structure Type:Triplex
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Current Use:Apt<20
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Road Access:Not Applic
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (317) 370-0189
- Office phone:
- (317) 259-6000
Taxes
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Tax Lot:L43 & L44 Ol175 21.5Ft X 80Ft
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Tax Year:2023
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Semi Annual Property Tax Amt:2182
Heating & Cooling
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Heating:Gas
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Cooling:Central Electric
Utilities
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Building Utilities:Sewer,Water
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Solid Waste:No
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Sorins
Extra Units
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# of Units Total:3
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 |
|---|---|---|---|---|
|
11/1/24
Nov 1, 2024
|
Sold | MIBOR | $330,000 | 1.5% |
|
9/16/24
Sep 16, 2024
|
Pending | MIBOR | $325,000 | |
|
9/10/24
Sep 10, 2024
|
Listed / Active | MIBOR | $325,000 |
