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Listed by Sarah Hubley • Mike Thomas Associates
$ 440,000
Est. payment /mo
New
1603 E Market ST Indianapolis, IN 46201
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision J M Ridenours 2Nd Add
MLS Listing ID 22052541
Year Built 2020
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Duplex
Property Description
*DO YOU WANT A 4% INTEREST RATE?! ASK HOW!* Gorgeous 5 bed, 3.5 bath custom home with over 2,600 sqft of living space in the heart of Holy Cross with a finished basement apartment-perfect for owner-occupants or investors! Live in the upper level while generating income from the private-entry basement apartment, ideal for Airbnb or long-term rental. Potential short-term rental income ranges from $95-$150 per night. This custom-built home offers high ceilings, an open and inviting floor plan, and a stunning kitchen with stainless steel appliances, granite countertops, and beautiful flooring throughout. The main-level primary suite features a walk-in closet and an en-suite bath with double sinks and a custom tile shower. Downstairs, the finished basement includes a separate living area with private exterior access, stackable washer and dryer, and plenty of storage-ideal for guests, tenants, or extended family. There's also a separate finished room in the basement that can be used as a gym, hobby room, extra storage, or finished to fit your needs. Additional features include low-maintenance composite siding and an oversized, stick-built detached garage. Conveniently located just minutes from Downtown Indy, with easy access to local shopping, dining, parks, and services. Don't miss this incredible opportunity to own a stylish, income-producing property in one of Indy's most vibrant neighborhoods!
Location
State IN
County Marion
Rooms
Basement Egress Window(s), Finished, Walk-Out Access
Interior
Cooling Central Air
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N false
Roof Type Asphalt
Building
Story Two
Foundation Concrete Perimeter
Architectural Style Traditional
Structure Type Cement Siding
New Construction false
Schools
School District Indianapolis Public Schools
Others
Virtual Tour https://peregrineone.hd.pics/1603-E-Market-St
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