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Listed by Mamadou Gueye • Trueblood Real Estate
$ 309,900
Est. payment /mo
Active
3251 Broadway ST Indianapolis, IN 46205
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Osgoods Forest Park
MLS Listing ID 22104454
Year Built 1914
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Duplex
Property Description
This classic Indianapolis duplex offers strong upside with solid bones, original character, and plenty of potential for additional value-add improvements. Featuring 9-foot ceilings, original hardwood floors, and a true wood-burning fireplace, the property still retains much of its historic charm. Seller has completed substantial updates over the years, including flooring and various interior improvements, while maintaining long-term stable tenants with intentionally below-market rents. One tenant has occupied the property for years. The basement is solid for the age with straight foundation walls, dry storage space, and no major visible signs of water intrusion. Mechanicals include a 2008 furnace in 3251 that has been well maintained. Unit 3251 mainly needs minor cosmetic improvements including paint, finishing work, and a thorough deep cleaning. Overall, this property presents an excellent opportunity for investors or owner-occupants looking to build equity in a historic Indianapolis property with strong long-term potential.
Location
State IN
County Marion
Interior
Fireplace N
Exterior
Roof Type Shingle
Building
Story Two
Architectural Style Traditional
Structure Type Brick
New Construction false
Schools
School District Indianapolis Public Schools
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