$250,000
For Sale

311 Eastern Avenue

Indianapolis, IN 46201
Listing OfficeKeller Williams Indy Metro S
Browse 34 photos
Type:Purchase
Structure:2 Family
Zone:Residential

Description

SELLER FINANCING available on this turnkey duplex! Desired terms: 6% interest, 5 year balloon, down payment of $130,000. Monthly payments with buyer to pay taxes/insurance separately. Open to lower rate with higher purchase price, and vice versa. Duplex was completely renovated inside & out in 2022! 313 side is leased for $950 on a month to month lease with 60 days notice to vacate. 311 side is currently vacant. Tenants pay gas and electric (metered separately) and owner pays water/sewer bill (metered together) which averages $85 a month when both sides are occupied. First floor laundry connections in each unit. Photos courtesy of current property management company.

  • Property Details
      • School DistrictIndianapolis Public Schools
      • SubdivisionGills Eastern Place
      • Property TypePurchase
      • Original List Price$250,000
      • MLS #22025249
      • MLS #22025249
      • CountyMarion
      • Cost250000
      • Property SubtypeDuplex
      • Lot DescriptionOther
      • Acres0.07
      • Year Built1900

Location

Monique Bledsoe | True Property ManagementReal Estate Group
OR

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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