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1338 Barth Avenue

Indianapolis IN 46203

5920 sq. ft.
Duplex
Currently for sale - view listing

Overview

This beautifully remodeled quadraplex offers an exceptional investment opportunity in the heart of popular Fountain Square. The property features two spacious 2-bedroom, 2-bath units and two well-appointed 1-bedroom, 1-bath units, all thoughtfully updated with granite kitchen countertops, newer appliances, and stackable washer and dryer units in each apartment. The lower-level 2-bedroom, 2-bath units each offer a covered front porch, private rear patio, a small yard/green space area, and rear parking, adding additional appeal for tenants or owner-occupants alike. Three of the four units are currently leased, providing immediate income potential. Whether you choose to owner-occupy one unit while allowing the others to offset your mortgage, add a strong cash-flowing asset to your portfolio, or explore short-term rental opportunities for additional income, this property offers excellent flexibility and upside. Ideally located within walking distance to Fountain Square's restaurants, entertainment, and attractions, the property also offers convenient access to downtown Indianapolis, Eli Lilly, and major downtown events.

Features

5920 sq. ft. lot size
Duplex

Property history for 1338 Barth Avenue

2019
Rented
Undisclosed
01 Nov 2019 by PMI Midwest

Happy sellers in Indianapolis

<50%
Less than 50% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Indianapolis over the last 12 months.

Local market activity for duplexes in Indianapolis

In the last 12 months, 42 duplexes similar to 1338 Barth Avenue, have been sold.

This represents a 31% decrease in duplexes sales when compared to the previous 12 months.

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