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For sale 11 days ago

$135,000

4 bd 3 ba

945 E Raymond St, Indianapolis, IN 46203

Residential SFR

Current Rent **

N/A

Projected Rent **

$1,500

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

‼️ Vacant Double in Metzgers Garfield Park!!

Check out this up/down duplex in Metzgers Garfield Park! This place has 4 bedrooms and 3 full baths total. It also has a 3-car detached garage. The seller says they used the basement as a third unit but you decide after seeing it.

Roof - 5-7 years
Furnace - 2 years
Water Heater - 2 years

Please reply for access information.

The cheapest single family house in 1/4 mile sold for $145k AS IS and duplex sold for $145k and it was very rough!

Recent Single Family leased or sold include:
931 E Raymond - LEASED $1895 per month (3/2, 1930 sf, 1-car garage, 1 DOM)
1006 E Tabor - SOLD $145k AS IS (ONLY 2/1, 1180 sf, 1 car garage, 4 DOM)

Recent Duplex 1/4 mile sales include:
2358 Ringgold - SOLD $145k AS IS (VERY ROUGH, 2/1 each side, 1282 sf each side, 1-car garage, 4 DOM)
1024 E Bradbury - SOLD $210,500 (ONLY 1/1 each side, ONLY 756 sf each side, 2-car garage, 28 DOM)

Location:

945 E Raymond St, Indianapolis, IN 46203

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.