837 West Roache Street
837 West Roache Street
$194,000
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Description
Discover a unique investment opportunity in the heart of downtown Indianapolis. This income-flowing duplex, perfectly positioned near the Children's Museum, Riverside Park, and Newfields, offers a strategic blend of cultural richness and urban convenience. Featuring a 2-bedroom unit on one side and a 3-bedroom unit on the other, both currently tenant-occupied, this property provides immediate returns on your investment. Recent updates including a new roof, water heater, and furnace, allowing you...Discover a unique investment opportunity in the heart of downtown Indianapolis. This income-flowing duplex, perfectly positioned near the Children's Museum, Riverside Park, and Newfields, offers a strategic blend of cultural richness and urban convenience. Featuring a 2-bedroom unit on one side and a 3-bedroom unit on the other, both currently tenant-occupied, this property provides immediate returns on your investment. Recent updates including a new roof, water heater, and furnace, allowing you to focus on maximizing your investment. With leases extending through February 2025 for unit 837 and October 2024 for unit 839, stability is already built-in. Property includes 2 lots, lot #9 and #10. Home sits on lot #10 and lot #9 is vacant and could be utilized for a future sale or potential residential development. For those looking to expand their portfolio, consider the potential to bundle this purchase with the adjacent listing at 1062/1064 W Roache Street, offering an even more significant opportunity for growth and revenue. This duplex is a gateway to a vibrant lifestyle and a thriving investment future in one of Indianapolis's most sought-after locations. Don't let this chance slip through your fingers. Schedule your showing now to take the first step towards securing your piece of Indianapolis's vibrant heart.
- Listed by Eric Forney • Keller Williams Indy Metro S • sold@forneygroup.com
- Listed by Lauren Forney • Keller Williams Indy Metro S
Property Details for 837 West Roache Street
Architectural Style
TraditonalAmerican
Subdivision NameA L Roaches
TownshipCenter
Location
LISTING UPDATED: 04/09/2024 06:08 PM
Property Details for 837 West Roache Street
Status | Active |
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MLS # | 21967118 |
Days on Market | 40 |
Taxes | $1,345 semi-annually |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 1910 |
Lot Size | 0.17 AC / 7,405 SF |
County | Marion County |
Location
Building Information for 837 West Roache Street
Stories-Residences2Year Built1910Building Size-Lot Size0.17 AC / 7,405 SF
Payment Calculator
$1,283 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 837 West Roache Street
Property History for 837 West Roache Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 837 West Roache Street
Taxable ValueLand$19,300Additions$122,500Total$141,800
Tax Record2022$3,204 ($267 / month)
Home Facts
Beds3Total Finished SqFt1,172 SqFtAbove Grade Finished SqFt1,172 SqFtStories2Lot Size7,500 SqFtStyleCondominiumYear Built1910ZoningZO01CountyMARIONAPN49-06-26-149-256.000-101
Schools near 837 West Roache 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 |
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Elder W. Diggs School 42 PublicPK to 6 | ||
Northwest Community High School (7-8) Public7 to 8 | ||
George Washington Community High School (9-12) Public9 to 12 | ||
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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