Indianapolis, IN 46201,328-330 S Gray ST
Indianapolis, IN 46201,328-330 S Gray ST
Indianapolis, IN 46201,328-330 S Gray ST
Indianapolis, IN 46201,328-330 S Gray ST
Indianapolis, IN 46201,328-330 S Gray ST
Indianapolis, IN 46201,328-330 S Gray ST
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Listed by Dustin Dubree • Monteith-Legault Real Estate C

$129,000

$129,900

0.7%
Est.Price: ?

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Est. payment /mo

5,227 Sqft Lot


SOLD DATE : 08/30/2024

Key Details

Sold Price $129,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Forest Park

MLS Listing ID 21988995

Sold Date 08/30/24

Year Built 1928

Tax Year 2023

Lot Size 5,227 Sqft

Acres 0.12

Property Description

Welcome to this charming duplex located in the heart of an up-and-coming neighborhood. This property presents a unique opportunity for investors, renovators, or first-time homebuyers to put their stamp on a piece of the neighborhood. The duplex features two separate units, each with its own unique charm and potential. The main unit boasts 2 bedrooms and 1 bathroom, with a spacious living room and kitchen area. The second unit also has 2 bedrooms and 1 bathroom, making it perfect for a small family or roommate situation. As you step inside, you'll notice the potential is limitless. The property, being sold in As-Is condition, needs some TLC to bring it back to its former glory, but with some elbow grease and creativity, the possibilities are endless. Imagine the transformation you can make with a fresh coat of paint, new flooring, and updated fixtures! The tenants are currently on month-to-month leases, paying below market value, providing a steady stream of income while you work on your vision. With a little bit of sweat equity, you can increase the rent and reap the rewards. This neighborhood is on the cusp of a revitalization effort, with new businesses, restaurants, and shops popping up. Whether you are a seasoned investor looking to add to your portfolio or a savvy homeowner that wants to rent out a unit while you live in the other, this is the opportunity for you.

Location

State IN

County Marion

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace N

Exterior

Exterior Feature Not Applicable

Garage Spaces 2.0

Waterfront false

View Y/N false

Roof Type Asphalt

Parking Type Detached

Building

Story One

Foundation Block

Architectural Style Bungalow

Structure Type Vinyl Siding,Wood

New Construction false

Schools

Elementary Schools William Mckinley School 39

Middle Schools Arlington Community Middle School

High Schools Arsenal Technical High School

School District Indianapolis Public Schools

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