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1409 Marlowe Ave Indianapolis IN 46201 MLS 22004356

$279,000

Photo one of 1409 Marlowe Ave Indianapolis IN 46201 | MLS 22004356
1409 Marlowe Ave
Indianapolis, IN 46201 MLS# 22004356
  • Bedrooms

    3

  • Baths

    1

  • Sq. Feet

    2095

  • Year Built

    1986

  • Days on Market

    2

  • $/SqFt

    $133

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Home Description: 1409 Marlowe Ave

Discover an outstanding investment opportunity with this charming duplex located at 1409 and 1411 Marlowe Ave in the heart of Indianapolis. Each side features three spacious bedrooms and one full bathroom, making this property perfect for both seasoned investors and those entering the real estate market. Situated just minutes from downtown Indianapolis, this duplex offers convenient access to the Monon Trail and the vibrant Bottleworks District, known for its shopping, dining, and entertainment. This prime location ensures a strong demand for rentals and great potential for appreciation in value. The open floor plans of both units create a welcoming atmosphere, enhanced by large windows that fill the spaces with natural light. Modern kitchens are equipped with ample counter space and essential appliances, perfect for culinary pursuits. Each unit's three well-sized bedrooms provide comfortable living spaces, while the conveniently located full bathrooms serve essential needs. With separate entrances and utilities, privacy and functionality are maximized for each unit. Investors will find significant potential for passive income, given the growing demand for rental properties in the 46201 zip code. Recent comparable properties highlight strong rental rates, making this duplex an attractive prospect for diversifying any investment portfolio. Don't miss this unique opportunity to own a duplex in a sought-after Indianapolis location. This property is ideal for anyone looking to embark on or expand their real estate journey. Explore the possibilities that 1409 and 1411 Marlowe Ave have to offer! Major renovation has already started on the 1411 Marlowe side. Many materials are there including kitchen cabinets, all bathroom vanities, new Anderson windows, front doors, back door, and HVAC duct work.

  • Property Type: Single Family
  • Style: Victorian
  • Basement: Cellar,Partial,Storage Space,Unfinished
  • Acres: <1/4 Acre
  • Lot Description: Sidewalks,Storm Sewer,Street Lights
  • Siding: Vinyl With Brick
  • Patio & Porch: Covered Patio,Covered Porch

Available now at $279,000

Approximate Room Sizes / Descriptions

Living Room14x14Main
Dining Room12x12Main
Kitchen14x14Main
Primary Bedroom14x14Upper
Bedroom 214x12Upper
Bedroom 314x12Upper
  • Interior Description: Screens Some
  • Full Baths: 1
  • Num Fireplaces: 1
  • Fireplace Description: Other
  • Appliances: Dishwasher,Disposal,Dryer,Electric Oven,Refrigerator,Washer
  • Eating Area: Separate Room
  • Heating: Forced Air,Gas
  • Cooling: Central Electric
  • Utilities: Cable Available,Electricity Connected,Gas,Gas Nearby,Sep Electric Meter,Sep Gas Meter,Sep Sewer Meter,Water Connected
  • : jvida@realtyparadigm.com

Neighborhood

The average asking price of a 3 bedroom Indianapolis home in this zip code is $245,374 (12.1% less than this home).

This home is priced at $133/sqft, which is 8.0% less than similar homes in the 46201 zip code.

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1409 Marlowe Ave Indianapolis IN 46201

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School Information

  • School District:Indianapolis Public Schools

Financial

  • Approx Payment:$1,386*
  • Semi Annual Taxes:$1,670

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 252-0427 and speak with one of our real estate consultants.

Listing Courtesy of Paradigm Realty Solutions. For information or to schedule a viewing of this property (MLS# 22004356) located at 1409 Marlowe Ave Indianapolis IN 46201, call: 317-252-0427

1409 Marlowe Ave, Indianapolis IN is a single family home of 2095 sqft and is currently priced at $279,000 . This single family home has 3 bedrooms. A comparable home for sale at 1114 N Bancroft St in Indianapolis is listed at $249,900. This home on 1409 Marlowe Ave has not had a price change. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Lukenbills, Holtman & Topps and J W Estep & Co are nearby neighborhoods. MLS 22004356 has been posted on this site since 9/30/2024 (today).

2024

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