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1221 Lee Street

Indianapolis IN 46221

2
11326 sq. ft.
Duplex
Currently for sale - view listing

Overview

This 2-bedroom, 2-bath duplex offers an excellent opportunity for an investor looking to add to their portfolio. The property also includes an additional vacant lot, creating exciting potential for future development. The additional lot could be an ideal location for a second duplex, subject to zoning, setbacks, utilities, permits, and buyer due diligence. Whether you're looking for an income-producing property, a value-add investment, or an opportunity to expand your rental portfolio, this property offers plenty of possibilities. Live in one unit, rent the other, or maximize the potential of both parcels. Opportunities like this don't come along often an existing duplex plus additional land for potential future development!

Features

2 carspaces
2 garage spaces
11326 sq. ft. lot size
Duplex

Property history for 1221 Lee Street

2023
Sold
$107,000
07 Jun 2023 by Lindsay Adams, of Four Points Realty LLC
2014
Sold
$12,500
24 Oct 2014 by Linda Burton, of IPM Real Estate

Happy sellers in Indianapolis

88%
88% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Indianapolis over the last 12 months.

Local market activity for duplexes in Indianapolis

In the last 12 months, 13 duplexes similar to 1221 Lee Street, have been sold.

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