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3903 Bartlett Avenue, Indianapolis, IN 46227

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For Sale

$279,900

0.45 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.4 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

**Charming All-Brick Duplex in Prime Location - A Rare Investment Opportunity** Welcome to 3903 Bartlett Avenue, a beautifully maintained duplex nestled on nearly half an acre of lush, tree-lined property. Area market shows a potential monthly rent range of $1050-$1295 per unit. This turn-key ready duplex boasts two identical units, each offering 870 square feet of well-appointed living space, featuring 2 bedrooms and 1 bathroom per unit. Each unit is thoughtfully designed with its own private driveway and carport, along with a convenient storage shed and washer/dryer hookup. Recent renovations in 2023 have elevated this property to modern standards, ensuring comfort and style for tenants and owners alike. Upgrades include: Additional insulation between units for improved soundproofing. Brand new luxury vinyl plank (LVP) flooring throughout. Completely remodeled with contemporary finishes. All new interior and exterior paint for a crisp, updated appearance. New PEX plumbing supply lines, PVC drain pipes and recent replacements of electrical panels and water heaters (within the last 5 years) New ceiling fans, new back entry door on the Bartlett unit (2023), new front entry door on the Pacific unit (2022). A vapor barrier has been installed to enhance the property's longevity. The oversized lot offers ample space for future expansion. Consider adding a garage or accessory building, or explore the potential to split the parcel and develop a separate single-family residence (SFR). The duplex is equipped with separately metered electric and gas utilities, while water and sewer services are currently covered by the owner. Whether you're looking to generate consistent rental income or seeking a home thatoffers additional income potential, this duplex has it all. The Pacific unit is currently leased at $1035/month through March 2025, while the Bartlett unit is vacant and movein ready-perfect for a new tenant or an owner-occupant. Please do not disturb tenants.
MLS# 21999093

Courtesy Of Indiana Realty Pros, Inc.

(317) 888-5000

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Ranch
  • Exterior Type
    Brick
  • Heating System
    Forced Air
  • Lot Size
    0.45 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 3903 Bartlett Avenue, Indianapolis, IN 46227

Home seller CENTURY 21 Scheetz

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CENTURY 21 Scheetz

(317) 881-2100
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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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