Skip to main content
Back to Search Results
|

4695 Mathews Avenue, Indianapolis, IN 46227

Show All 34 Photos
For Sale
Sale Pending

$259,000

0.21 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Discover your next prime investment opportunity or the ideal house-hacking setup with this spacious duplex, perfectly positioned on the south side of Indianapolis! Nestled on a large corner lot, this property features two distinct living spaces, each offering multiple value-add opportunities for the savvy investor. The front unit is a charming, single-level 2 bedroom, 1 bath home with approximately 1,036 sq ft of living space. Currently tenant-occupied at $995/month (ends 12/31/24), it provides reliable cash flow from day one. The back unit is vacant and move-in ready, and presents even more potential. This unit is just over 2000sq ft and includes 2 bedrooms and 1 bath, and a fully renovated walkout basement that was taken to the studs and rebuilt. The basement adds 2 additional bedrooms, 1 bathroom, and a small kitchen, making it perfect for use as an in-law suite or even a separate third unit for extra rental income. The main level opens onto a massive walk-out deck, ideal for outdoor entertaining or relaxation. Both units feature private fenced yards, enhancing privacy and tenant appeal. The front unit has its own gravel parking spaces, while the back unit offers an attached two-car garage, ensuring convenient off-street parking. Utilities are separately metered and paid by the tenants, simplifying management and adding to the property's low-maintenance appeal. Whether you're an investor looking for a high-yield opportunity or a house hacker ready to live in one unit while renting out the other, this property offers unmatched flexibility and potential. Located just 15 minutes from downtown Indy and close to shopping, dining, and in the highly-rated Perry Township school district, this duplex is an unbeatable find!
MLS# 22007878

Courtesy Of Keller Williams Indianapolis Metro North

(317) 846-6300

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Ranch
  • Exterior Type
    Block, Vinyl Siding
  • Heating System
    Forced Air
  • Lot Size
    0.21 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 4695 Mathews Avenue, Indianapolis, IN 46227

Home seller CENTURY 21 Scheetz

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Scheetz

(317) 881-2100
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

Copyright © 2024 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

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.

Loading