419 Dequincy Street

Indianapolis, IN 46201

$385,000
Price
Beds
4,004 Sq. Ft.
$96 / Sq. Ft.
4,004
Sq. Ft.
$96
per Sq. Ft.

Description

Rare opportunity! Unique 6 unit building that also offer 3 detached garages in the rear. with 4 of the 6 units rented, enjoy immediate cashflow with plenty of value add opportunity in this investment property. This property has had tons of updates from the windows, paint, kitchens, baths, plumbing, electrical and more! Another unique feature is that each unit has its own water heater and furnace as well as own electric meter. Water and sewer are the only shared utilities, and tenants pay a fee each...Rare opportunity! Unique 6 unit building that also offer 3 detached garages in the rear. with 4 of the 6 units rented, enjoy immediate cashflow with plenty of value add opportunity in this investment property. This property has had tons of updates from the windows, paint, kitchens, baths, plumbing, electrical and more! Another unique feature is that each unit has its own water heater and furnace as well as own electric meter. Water and sewer are the only shared utilities, and tenants pay a fee each month for those share utilities. Each unit offers a unique layout and modern finishes. This may be the only opportunity to purchase this updated of a multi-family property at such a great price in the near future. Don't miss out!
  1. Listed by Maxwell Richter • Wilmoth Group • maxr@wilmothgroup.com

Property Details for 419 Dequincy Street

Architectural Style
TraditonalAmerican
Township
Center
Zoning
Multifamily

Location

Listing Courtesy of Wilmoth Group
Add your commute
LISTING UPDATED: 05/28/2024 10:58 AM

Property Details for 419 Dequincy Street

StatusPending
MLS #21978670
Days on Market20
Taxes$2,189 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1930
Lot Size0.15 AC / 6,534 SF
CountyMarion County

Location

Listing Courtesy of Wilmoth Group
Add your commute

Building Information for 419 Dequincy Street

Stories-Residences6Year Built1930Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$2,466 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,101

Property Taxes

$365

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 419 Dequincy Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • Postal Code Plus4: 3767
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491004144077000101
  • Semi Annual Property Tax Amt: 2189
  • Tax Year: 2023
  • TaxLot: 113
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage Spaces: 3.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Apt<20
  • Lot Description: Other
  • Lot Size Square Feet: 6600.0
  • Lot Size Acres: 0.15
  • New Construction: False
  • Space Available: 404
  • Structure Type: Apartment Building
  • Sq Ft Total: 4004.0
  • Year Built Numeric: 1930
  • Living Area Source: Appraisal
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • Legal Subdivision: Layman & Careys Irv Pk Add L113
  • Photos Count: 18
  • Property Sub Type: Multi-Family 5+
  • Property Type: Commercial Sale
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Building Utilities: Other
  • Utilities: Electricity Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding
  • Foundation Details: Block, Brick
Interior Features
  • Basement Description: Unfinished
  • Basement YN: Yes
  • Heating: Electric, Forced Air
  • Levels: Two
  • Laundry Features: Other
Multi Family
Multi-Family Information
  • Total Units: 6
  • Garage Parking: On Street
Income & Expenses
  • Expenses: 0
Unit 1
  • Unit Kitchen: 08X08
  • Unit Levels: 1
  • Unit Miscellaneous: No Equip
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Hot Wtr Elec,Other
Unit 2
  • Unit Kitchen: 07X12
  • Unit Levels: 1
  • Unit Miscellaneous: No Equip
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Hot Wtr Elec
Unit 3
  • Unit Kitchen: 12x8
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
Unit 4
  • Unit Kitchen: 8x12
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
Unit 5
  • Unit Kitchen: 8x12
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
Unit 6
  • Unit Kitchen: 8x10
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly

Property History for 419 Dequincy Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 419 Dequincy Street

Taxable ValueLand$4,600Additions$231,800Total$236,400
Tax Record2023$5,607 ($467 / month)
Home Facts
Total Finished SqFt4,004 SqFtAbove Grade Finished SqFt4,004 SqFtStories2Lot Size6,600 SqFtStyleMulti-Family Dwelling (2-4)Year Built1930ZoningZO01CountyMARIONAPN49-10-04-144-077.000-101

Schools near 419 Dequincy Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ralph Waldo Emerson School 58
PublicPK to 6

Arlington Community Middle School
Public7 to 8

Arsenal Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Wilmoth Group

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.