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Listed by Krystal Maldonado • eXp Realty LLC
$ 215,000
Est. payment | /mo
2,613 Sqft Lot
$ 215,000
Est. payment | /mo
2,613 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Avondale
MLS Listing ID 22101763
Year Built 1910
Tax Year 2024
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Duplex
Property Description
Take note: 3502 N Kenwood Avenue is a classic Indianapolis duplex offering an immediate entry point into one of the city's most active rental corridors. Located just north of the expanding downtown core, Indiana University-Indianapolis, Butler, Ivy Tech, the Children's Museum, and the $4.3 billion IU Health medical campus expansion there will be no shortage of rental interest! While currently functional, the property offers significant forced appreciation potential. With some cosmetic updates and professional management, there is clear room to push rents toward the market top for the 46208 zip code. At a price point that remains accessible for owner occupants and investors, this is an ideal buy and hold for those looking to capitalize on the long-term appreciation of the North Kenwood/Crown Hill area. Each unit is 3 bed 1.5 baths per side. 3502 is currently vacant and 3504 is leased at $1,170/m through 02/28/27.
Location
State IN
County Marion
Zoning Residential
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace N
Exterior
Exterior Feature Not Applicable
Building
Story Multi/Split
Foundation Block
Architectural Style Split Level
New Construction false
Schools
School District Indianapolis Public Schools
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